‘Tis the Season to Celebrate Mammon

‘Tis the Season to Celebrate Mammon

Here come Thanksgiving, Hanukkah, and Christmas. It’s a month-long season of friends and family, spiritual reflection, and time to decompress from our usual helter-skelter lives, right? Good lord, shout the corporate bosses, are you nuts? Do you think America is...
Upgrading Our Clunker Economy

Upgrading Our Clunker Economy

Pondering America’s economic system is a bit like going to the mechanic with your old heap and being told there’s nothing more he can do. It’s time for a new economy, but we’re going to keep our clunker economy that persists only because so...
The Swiss Take Aim at Executive Excess

The Swiss Take Aim at Executive Excess

Something astounding is happening in Switzerland. For the first time ever, citizens in a modern nation are voting on whether to create what essentially amounts to a “maximum wage.” On November 24, the Swiss will vote on a ballot initiative that bans any...
CEOs Against Grandmas

CEOs Against Grandmas

David Cote, the CEO of Honeywell, has more than $134 million in his personal retirement fund. If I were sitting on a nest egg that big, I might feel a bit sheepish about telling ordinary grandmas and grandpas to take a cut in their Social Security payments. But Cote —...