07-03-2003, 12:59 PM
Can take your 'Americanization' garbage and stuff it.
I am not sure how long you have been alive, but the profit-shareholder pile driver, and its influence in both international business and multinational corporations, has been growing as a force for congolmerates growing into insane sizes since about the early 1980's.
What screwed a great deal of the "expectations" of any shareholder group was the returns of internet/tech bubble investments of the 1990's. You want to blame something for the nutso profit focus? Blame tech.
Now, insofar as CEO compensation? Don't get me started, it is broken here in the US, has been for over a decade, but the habit of pursuing aristocratic life styles by capitalists was invented in Europe, not the U.S. About 150 years ago.
You want to call it anything, call it 'aristocrization' and you may actually have metaphor that fits.
I am not sure how long you have been alive, but the profit-shareholder pile driver, and its influence in both international business and multinational corporations, has been growing as a force for congolmerates growing into insane sizes since about the early 1980's.
What screwed a great deal of the "expectations" of any shareholder group was the returns of internet/tech bubble investments of the 1990's. You want to blame something for the nutso profit focus? Blame tech.
Now, insofar as CEO compensation? Don't get me started, it is broken here in the US, has been for over a decade, but the habit of pursuing aristocratic life styles by capitalists was invented in Europe, not the U.S. About 150 years ago.
You want to call it anything, call it 'aristocrization' and you may actually have metaphor that fits.
Cry 'Havoc' and let slip the Men 'O War!
In War, the outcome is never final. --Carl von Clausewitz--
Igitur qui desiderat pacem, praeparet bellum
John 11:35 - consider why.
In Memory of Pete
In War, the outcome is never final. --Carl von Clausewitz--
Igitur qui desiderat pacem, praeparet bellum
John 11:35 - consider why.
In Memory of Pete