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The "cult" underlying this phenomenon is our celebrity culture. We fetishize the 0.01%. The role of overpaid CEO is established; it no longer needs any more s
by gavinpc 9y ago
The "cult" underlying this phenomenon is our celebrity culture. We fetishize the 0.01%. The role of overpaid CEO is established; it no longer needs any more special justification than top athletes, entertainers, or TV "personalities."
Conveniently, we have lots of companies that need saving. And it seems to me that, for a country where people still like to pretend there's a "free market," we sure hate to see companies fail. I think of the old saying, "Many a good hanging has prevented a bad marriage." But hey, who asked me.