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tsuomela : bosses   3

Stumbling and Mumbling: The left's response to the crisis
Bosses are chancers and rent-seekers. Multi-million pound salaries are not rewards for rare skill, not the price that must be paid for “good management.” If Thain and Fuld couldn’t even keep their firms alive, might it be that management skill is an illusion? The left should question the legitimacy of the boss class. This doesn’t just mean recognizing that one argument against low taxes on the rich is now weak. It means questioning their right and ability to control big organizations.
work  labor  liberal  ideology  crisis  market-failure  bosses  management 
september 2008 by tsuomela

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