[Sherman Logan]

Actually an excellent article.

I believe this part is absolutely correct.

Since roughly the mid-1980s, the American public corporation has been run primarily for the purpose of creating vast wealth for its senior executives.

I would dearly love to know what is conservative about such behavior.

Yet I'm sure many here will spring to the defense of such opportunists with kneejerk enthusiasm.

[Clock King]

Ayn Rand defined them as “Looters”.

[SJackson]

Since roughly the mid-1980s, the American public corporation has been run primarily for the purpose of creating vast wealth for its senior executives....I would dearly love to know what is conservative about such behavior.

I'm not sure the desire to acquire wealth differs amongst liberals and conservatives. The issue is the solution, and letting the market deal with these things is the conservative solution. Compensation can't be legislated, particularly in a global market.

[okie01]

Since roughly the mid-1980s, the American public corporation has been run primarily for the purpose of creating vast wealth for its senior executives.

I would dearly love to know what is conservative about such behavior.

Not much. Indeed, I noticed a change in the manager-types starting about then.

I'm from an earlier generation -- graduated college in 1961, formed my own advertising agency in 1972 and served some major national clients until I retired from the business in 1983. As such, I had an opportunity to meet with and observe high level management at a broad selection of mid-size and larger companies.

Early in the eighties, a new generation of manager started showing up in the board rooms. This was the late sixties/early seventies set -- schooled on politics, protest and advanced courses in relativism and situational ethics.

Immediately upon their arrival, loyalty vanished from the list of business virtues. Acquiring each position was an opportunity to start trying for another, better-paying job. They weren't loyal to their employer, nor their employees.

Of course, the next generation (today's) is even less rooted in ethics. And, thus, even more selfish and short-term.

This is the breed of managers who run many (though probably not most) of today's large corporations.

Within this group, ethics are old-fashioned, for "other people". Not just business ethics, but personal ethics, as well.

And they are as arrogant and ignorant as their politicians.

[autumnraine]

I’m sad to say you are right. And they never ever realize that it was lured the ‘average man’ to the Democrat party for so long. Then the liberals took them over.

Now most people are just stuck between voting for communism or voting for their boss to be really really rich. And while I enjoy that everyone has the opportunity to be the ‘boss’, corporate America has grown to the point of crushing a lot of growth or that potential other than the occassional rags to riches story.