Note: This post was written back on 19 August (the last picture was added this morning, though), when this malarkey ad appeared in the Wall Street Journal. Nothing has happened to change my reaction, for which I decided Labor Day was the proper day for my response to be made public.This great proclamation, all of 300 words, is primarily window dressing. Nowhere will you find the one promise that is needed- to cut executive pay and use those funds to raise worker pay. Just 7 CEO’s refused to sign, but that means that 181 of the Business Roundtable’s 188 members did.
Tag Archives: social contract
Modern Day Don Quixotes?
There are a bunch of interesting fellows (and gals) that populate my synagogue. Today, I will be talking about some facts from a book written by one such member- who actually is also a professor at UVA. (I love the fact that someone else besides me considers that a local drive; I did the reverse, living in Charlottesville and commuting to my professorship in DC decades ago.)
Another One Chimes In…
So, a few weeks ago, I reported that the social contract between business and its employees, between business and its communities may find itself revived. You know, the one that was abrogated under the prodding of Dr. Milton Friedman.