Executive short term incentives
“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries”. Winston Churchill.
I thought of corporate greed.
They share their goals and visions loud and proud – the best interest of shareholders. They sack as many workers as possible, and take the fat and bones out of the operation until it is on the verge of collapse. This enables them to harvest bonus, and enjoy big fat golden handshakes when the real situation unfolds.
Does it have to be like that? Why can’t corporations work for the best interest of all stakeholders including their customers and employees?
Corporate greed reminds me of chicken feet – skin and bone, tasty, yet unfulfilling as a meal. If a worker is struggling to feed his family and put a roof over their heads – is this meal a blessing or misery?
Cooking method is as follows:Read the rest of this entry »