CEO Compensation Still "Out Of Control?" - Who's Supposed To Be In Control, For What Public Purpose? And Why Aren't They In Control?

   (Commentary posted by Roger Erickson.)




And, most importantly, how do we the people regain control?

Bill Mitchell writes:

CEO pay still out of control

Minus reception of the appropriate feedback from the "controlling" interdependencies, any system metric is "out of control."

Which feedback channels could/would/should be exerting the needed control ... and why aren't they operating as needed?

The more I read about current political-economics, the more it reminds me of cancer biology.

Instead of discussing only the high-friction, political-economic analogs of cultural chemo-therapy, shouldn't we be educating all citizens on what practices correspond to known political-economic onco-genes and carcinogens? And the best political-economic anti-oxidants that help us practice prevention?

Contrary to what some might think, a little political-economic sunlight is the best policy anti-oxidant, not just the best policy anti-septic.

Covering up, and smearing the political-economic sunscreen sure seems to be a self-defeating policy. It's produced an electorate with a severe Vitamin-Democracy deficiency.