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29 May, 2013

Do CEOs have any shame? They’re Firing Workers and Giving Themselves Raises | Alternet

Author George Packer’s “The Unwinding: An Inner History of the New America” gets to the bottom of the question.

I’m angry at what’s happened to our country and what it’s done to a lot of Americans. I’m angry at the elites who have proved so self-interested and short-sighted that time and again they’ve led us to disaster. To some extent the elites in the book are constantly building their own empires at the expense of an idea of community.

The people who are the main characters never give up on trying to make life better right where they are, but they have to do it in this vacuum, because the story the book tells is of institutions failing. Government fails, corporations fail, unions fail, the media fails, banks. So they’re left with this unprecedented freedom. We are all more free than any human beings have ever been in the history of the world, but what can we do with all this freedom when there are no structures to channel it?

Read the rest: Do CEOs have any shame? They’re Firing Workers and Giving Themselves Raises | Alternet.