Tag: plutocracy

Post-meltdown America: An economic recovery for the wealthy (via Minding the Workplace)

On By southwerkIn business ethics

David Yamada, whose blog I am a great admirer of, tell the story correctly. The great mass of Americans suffer while a small minority reap unprecedented profits.

James Pilant

As our economy teeters on the brink of another recession (even as the "old" one never seems to have disappeared), here are three indicators that the wealthiest among us have been the primary beneficiaries of any recovery from the big meltdown: 1. Executive raises make a comeback Matt Krantz and Barbara Hansen of USA Today report that executive raises in 2010 made a comeback after a leaner 2009 (link here): The heads of the nation’s top companies … Read More

via Minding the Workplace

Michigan Kills Democracy, FDA Kills Babies (via Consciously Evolving Our Planet)

On By southwerkIn business ethics

Anger and a lot of it.

I’ve been watching it now for years. But I’ve noticed changes in the past few weeks. Generally, I would see tea partiers or the like raging against the government. Now I’m seeing regular bloggers more and more often. They are outraged. They are disgusted. They want something to change.

We’re crossing some kind of line here in America. I don’t understand what’s happening. I can’t help but believe that something is.

This article is well written and thoughtful. You should read it.

James Pilant

In the three years of the Great Recession, more than 5 million families have lost their American Dream. Through foreclosure or short sale, another 6 million face the same fate during the next 3 years. As more than 10% of us endure this particular type of “homelessness”, with its anxiety, shame, and loss, no one has gone to jail. The few who protest openly are mocked or ignored. Corporate profits are at record levels, driven primarily by the incre … Read More

via Consciously Evolving Our Planet