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One consequence of Russia's klepto-capitalist model is the growing appeal of government jobs, with their lucrative opportunities for payoffs. ”
I think Obama and the economists around him have a very sophisticated understanding of both globalization and the technology revolution and the impact they're having on the world economy and they way they're creating these winner-take-all spirals. ”
The tragedy of 9/11 and the bloody scrambling-up of the Middle East were painful reminders that the world had not yet reached any end-of-history ideal. But these events mattered less to the assumptions and strategies of huge multinational companies than one might guess. ”
Sprawling, earnest, and ambitious - its modest title is 'The Future' - Al Gore's new book embodies both the virtues and the flaws of its author. But those hardy souls who slog past the weaknesses will be rewarded by a book that is brave, original and often fun. ”
Changes which are slow and gradual can be hard to notice even if their ultimate impact is quite dramatic. ”
Executive pay has skyrocketed for many reasons - including the prevalence of overly cozy boards and changing cultural norms about pay - but increasing scale, competition, and innovation have all played major roles. ”
One thing America gets right is being open to innovation. Canada and Scandinavia have to do better on that. ”
As companies become bigger, the global environment more competitive, and the rate of disruptive technological innovation ever faster, the value to shareholders of attracting the best possible CEO increases correspondingly. ”
Our light-speed, globally connected economy has led to the rise of a new super-elite that consists, to a notable degree, of first- and second-generation wealth. ”
In America, we have equated personal business success with public virtue. ”