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Tag: inequality

The Milton Friedman Doctrine Is Wrong. Here’s How to Rethink the Corporation. | Evonomics

We all wonder about the overcompensation of Chief Executive Officers. Find out how the explosion of CEO pay happened and why today’s CEOs quickly acquire wealth, virtually risk-free, as shareholders. Unfortunately, for the rest of us, the corporate shareholder model tanks the economy and exacerbates inequality. Here Susan Holmberg and Mark Schmitt advance the much more brilliant corporate stakeholder model…

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Concentrated Power Drives Extreme Income Inequality and Slows Economic Growth (Evonomics)

Jordan Brennan explains the most likely reason the economy has tanked. “In a study recently published with the Levy Economics Institute, I explore the power underpinnings of American income inequality over the past century. The key finding: corporate concentration exacerbates income inequality, while trade union power alleviates it.…”

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How May Wealth Serve the Common Good?

Have you wondered what it would be like to be incredibly wealthy, and how you would handle it? With a modicum of ethical standards and imagination, any of us could easily serve the common good, if we were wealthy billionaires. What worthwhile thing would YOU do if you became incredibly wealthy?

How May Wealth Serve the Common Good? was originally published on Aware & Fair

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