Are Chief Executives Overpaid?
| By: | Deborah Hargreaves |
| Publisher: | Polity |
| Print ISBN: | 9781509527809 |
| eText ISBN: | 9781509527830 |
| Edition: | 1 |
| Copyright: | 2018 |
| Format: | Reflowable |
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Wages for the majority have been stagnant for decades, but a lucky few have enjoyed a pay bonanza. Top company bosses take home in several days as much as most people earn in a whole year.
In this hard-hitting book, Deborah Hargreaves explains why pay for the top 0.1% has sky-rocketed in the past 20 years. She gives a devastating account of how it has created a vicious circle that destabilizes our economy and undermines social cohesion, demolishing the twisted logic of the chief executives who say: ‘I’m worth it’, when that means raking in £70m a year.
A rigorous exposé of the dysfunctional nature of our ‘winner-takes-all’ economy, this book debunks the myths behind top pay and examines a range of pragmatic solutions.