Rethinking capitalism.
Author | Peters, Charles |
Position | Tilting at windmills - Brief article |
I'm hearing more and more people talk about the need to rethink capitalism. How can they help having such thoughts when they read in a recent New York Times article that United Technologies, "even though its profits and revenues have never been higher" and the price of its stock has "soared past $90 dollars to a record high" in February, "confirmed it would eliminate an additional 3,000 workers this year on top of 4,000 let go in 2012"? Or when they saw in a recent Sunday Times business section a gallery of photographs of executives with excessive salaries, exactly twenty of whom were each making more than $20 million per year?
Capitalism doesn't have to be this way. Our values have to change so that the ablest people want to get rich but not filthy...
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