The historic UAW strike puts an exclamation point on more than a decade of efforts by Washington lawmakers to narrow the pay gap between top executives and workers.
The historic UAW strike puts an exclamation point on more than a decade of efforts by Washington lawmakers to narrow the pay gap between top executives and workers.
And ignores the other stakeholders in the equation, such as employees, customers, and community. People forget that there are two (that I, at least, know of) kinds of Capitalism. We have gone the route of Shareholder Capitalism, and look where we’ve ended up. But Stakeholder Capitalism, which considers all stakeholders to be important, is a real thing and is, perhaps, a better model for society in general.
Sadly, that’s not what they’re teaching now, and it’s not how the CEOs, Boards, and markets think.