AvidIndoorsman
Well-known member
- Joined
- Dec 9, 2015
- Messages
- 18,402
Agreed... although..
When a C-suite employee is making 50 mil a year while the average man or woman working in that company barely breaks 35k, who has earned what? James 5:1-6 comes to mind, with regard to this topic.
" In normal times, corporations serve a lot of stakeholders — customers, employees, the towns in which they are located. But these days corporations see themselves as serving one purpose and one stakeholder — maximizing shareholder value. Activist investors demand that every company ruthlessly cut the cost of its employees and ruthlessly screw its hometown if it will raise the short-term stock price."
Brooks raises a strong point about corporate responsibility and the fact that there isn't an evil "them" but rather something problematic about us and society as a whole. We have developed a myopic focus on short-term gains.
