[PEN-L] capital lost clout?

2005-03-29 Thread Charles Brown
Got this from Lou Pro. What if there were scores of left research projects concretely charting and naming the webs of connections among the richest people and their property, the companies ,governments, institutions etc that they control ? Instead of only GINI indices and GDP summary figures

Re: [PEN-L] capital lost clout?

2005-03-27 Thread Devine, James
Carl Remick wrote: Amid all the pointless paper shuffling of leveraged buyouts and hostile takeovers during the 1980s, US CEOs somehow pulled off an amazing sleight of hand that transformed them in the public eye from timeserving hacks into heroic visionaries for whom no amount of compensation

Re: [PEN-L] capital lost clout?

2005-03-27 Thread Michael Perelman
The public may resent high CEO pay, but it makes CEOs part of the celebrity culture. Why would anyone take an interest in Donald Trump. Jack Welch was a rock star of business -- until the aftermath of his divorce. Remember Lee Iaccoca? Carrol writes: A) Does the public as a whole see CEOs

[PEN-L] capital lost clout?

2005-03-25 Thread Chris Burford
Floyd Norris: Has capital lost clout in world? http://www.iht.com/articles/2005/03/24/business/norris25.html This analysis in the International Herald Tribune, is in my opinion fully compatible with a marxist analysis. He correctly points out Why is there too much capital? One answer is that

Re: [PEN-L] capital lost clout?

2005-03-25 Thread Carl Remick
From: Chris Burford [EMAIL PROTECTED] Floyd Norris: Has capital lost clout in world? http://www.iht.com/articles/2005/03/24/business/norris25.html This analysis in the International Herald Tribune, is in my opinion fully compatible with a marxist analysis. I do not understand the following comment

Re: [PEN-L] capital lost clout?

2005-03-25 Thread Doug Henwood
Carl Remick wrote: I do not understand the following comment of Norris at all: With capital in a weakening position, returns that would once have gone to owners of capital now are redirected. That is one way to explain the surge in management compensation over the past two decades. In the early

Re: [PEN-L] capital lost clout?

2005-03-25 Thread Carrol Cox
Carl Remick wrote: Amid all the pointless paper shuffling of leveraged buyouts and hostile takeovers during the 1980s, US CEOs somehow pulled off an amazing sleight of hand that transformed them in the public eye from timeserving hacks into heroic visionaries for whom no amount of