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Detroit and Urban Crisis, 2008.
This paper looks at the urban crisis in Detroit, while studying the works "Detroit Arcadia" by Rebecca Solnit and "The Origins of the Urban Crisis' by Thomas Sugrue.
846 words (approx. 3.4 pages), 2 sources, APA, $ 30.95
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Abstract
In this article, the writer notes that as the industrial powerhouse that the United States was in the years of and immediately following World War II began to slow down in the 1960s, many of America's urban areas saw the economic base eroding with the disappearance of industry as well as the huge migration of Caucasians from the cities when the economies of the cities fell into decline. The writer discusses that the by-product of all of these occurrences was the fight to prevent racial integration of the suburban areas into which the Caucasians fled, and a swift decline of American cities. The writer looks at the city of Detroit that has been devastated over the years because of economic and racial issues. Such urban crises are the focus of this research. The research studies and cites the works of two pivotal writers on the topic in an effort to better understand the topic itself.
Outline:
Introduction
Historical Consequences of the Urban Crisis
Political Consequences of the Urban Crisis
Agreements/Disagreements
Conclusion
From the Paper
"A brief history lesson of the socioeconomic history of Detroit is the best way to begin to understand the historical consequences of the urban crisis as well as what the crisis is in and of itself. During and immediately after World War II, the machine shops and automobile plants of Detroit, and as a result the other supporting businesses, were flush with cash because of the need for implements of war, during the war years of course, and the need for consumer vehicles after the war, as men and women returning from battle settled back into a state of normalcy and went on a buying spree in unprecedented quantities. Because of the proliferation of available jobs, Caucasians and African-Americans alike were able to gain employment; true, the racial inequality was existent, but it was not as acute or damaging at this point as it would eventually become. With the passage of time, however, the gap between the races was intensified by the power of capitalism, and the African-Americans of Detroit, as well as elsewhere, soon saw the economic and social gap between them and their racial opposites increasing to their disadvantage."
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Hershey's and Outsourcing, 2008.
An examination of how globalization and outsourcing are affecting business ethics at Hershey's.
3,041 words (approx. 12.2 pages), 8 sources, MLA, $ 89.95
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Abstract
This paper discusses how globalization has impacted almost very aspect of organizational discourse. It specifically focuses on how access to cheaper labor has prompted intense competition between organizations, forcing many US companies to seek better financial outcomes through outsourcing. The paper focuses on the case of Hersheys and its recent outsourcing of jobs and how this affects business ethics.
Table of Contents:
Introduction
Current Operations at Hershey
Evaluating the Organization's Operations
Discussion/Conclusion
From the Paper
"When all of the issues are examined from both sides, the true complexity of business ethics is elucidated. Even when organizations attempt to develop policies that meet the best interests of stakeholders, the end result is the development of policies that meet the real world conditions of operations. Unfortunately, as organizations begin to expand their operations into the international arena, the scope of conditions that are necessary for operations becomes much wider, creating considerable challenges when it comes to assessing the ethical validity of specific decisions. Although Hershey may appear to be engaging in unethical practices according to US standards, the reality is that the organization is simply taking the steps needed to ensure that the organization produces profits for its stakeholders. In the end, one could argue that this is the central focus of organizational operations."
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'Economy of Grace', 2008.
This paper discusses the book 'Economy of Grace' by Kathryn Tanner, looking at the connection drawn between God and economics.
1,516 words (approx. 6.1 pages), 1 source, MLA, $ 49.95
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Abstract
In this article, the writer notes that in 'Economy of Grace', Kathryn Tanner approaches the fiscal side of Christianity. The writer discusses that Tanner begins by asserting that there is a unique relationship between economics and Christianity, primarily because a Christian is compelled to incorporate faith into daily life. The writer looks at examples in the work used to demonstrate why God should be a part of economics. The writer then points out that Tanner explains that the economy is missing an essential element when God does not play a role in it. The writer concludes that although it seems unlikely that the world will ever wholly embrace a theological economy, there are some promising signs that indicate that capitalism has been influenced by the principals of a theological economy.
From the Paper
"In other words, a theological economy is a win-win economy, where none of the participants are expected to act to their own detriment, but where they are also expected to consider more than personal bottom-line when engaging in economic transactions. The result is an economy that is unlike capitalism, because it is non-competitive, but also unlike communism, because it allows for personal property ownership and permits monetary success as a religious goal.
"Next, Tanner compares and contrasts her idea of a theological economy with traditional capitalism. To do so, she acknowledges that her interpretations of Christianity and how those interpretations have shaped her concept of a theological economy are not the only interpretations of Christianity."
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The Impact of Globalization, 2008.
A discussion on how economic globalization is affecting local cultures.
1,379 words (approx. 5.5 pages), 7 sources, APA, $ 46.95
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Abstract
This paper evaluates how economic globalization is affecting and influencing local cultures while also exploring why urban geographers are increasingly analyzing the world's cities for influences of globalization as well. The city of Los Angeles, California is included as an example of a city that is analyzed according to its urban layout, socio-culture influence, economic specialization, and role in globalization throughout the Southern California region in addition to the Pacific Rim. This paper concludes with a critical analysis of globalization based on the results reported.
Outline:
Executive Summary
Effects of Globalization on Local Cultures
From the Paper
"Much has been written about the effects of globalization becoming increasingly synonymous with the westernization of cultures. In fact the globalization of cultures is reciprocal on each other, especially when rapid global growth of companies quickly forces two cultures together rapidly. The research of Geert Hofstede (1983) provides a useful framework for evaluating the impact of globalization on local cultures. Hofstede devised a framework for five cultural dimensions that quantify the differences between cultures on the indices of the Power Distance Index (PDI), Individualism (IDV), Masculinity (MAS), Uncertainty Avoidance Index (UAI), and Long-Term Orientation (LTO)."
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American Healthcare and the American Government, 2008.
This paper looks at the American healthcare system and the American government healthcare agenda.
1,024 words (approx. 4.1 pages), 6 sources, APA, $ 36.95
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Abstract
In this article, the writer notes that in generations gone by, medical treatment in America was little else than a local doctor, while small, regional hospitals existed to take care of surgeries and major medical issues, but in both cases, the options for treatment were limited, and in many cases, patients did not fare well. Luckily, as technology has advanced, so too has the American medical system to the point where many consider the American medical system to be among the best in the world. The writer discusses that this progress has come with a heavy financial burden, however, turning American medicine into an industry, and like most industries, the federal government has taken up a role. In this paper, the federal healthcare agenda is discussed and explored from several points of view in an effort to better understand the many facets of the topic. The writer concludes that American healthcare has in some respects been the barometer of social and economic change in the nation.
Outline:
Introduction
Healthcare Becomes Part of the Federal Agenda
Proposed Alternatives to Address the Issue
Successful and Potentially Successful Alternatives/Who Developed the Alternatives?
Concessions in Developing the Alternatives
Conclusion
From the Paper
" Introducing this paper, the assertion was made that American healthcare has become an industry and part of the federal agenda. Better understanding of how this came about requires an explanation of the evolution of the American healthcare "industry", and to look at that requires a glimpse into post Civil-War America, of the late 1860s. In that period, two very important events took place-one in America itself and another in Europe- which set the pace for the birth of the American healthcare industry. Domestically, America entered into a period of economic and commercial advancement that would in retrospect become known as the Industrial Revolution, attracting millions of people from rural areas to urban areas in search of work, which led to the demand for organized healthcare in the cities where industrial accidents and the disease associated with large numbers of people living in cramped areas became commonplace. In Europe, scientific discoveries into the nature of germs helped to develop more medicines which could be offered to the sick- at a price, of course."
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Global Corporate Finance, 2008.
A critical examination of the content and arguments of Robert King and Ross Levine in their article, "Finance and Growth: Schumpeter Might Be Right."
1,884 words (approx. 7.5 pages), 4 sources, APA, $ 60.95
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Abstract
This paper analyzes the article, "Finance and Growth: Schumpeter Might Be Right," written by Robert King and Ross Levine in 1993. The paper discusses globalization's impact in corporate finance in developing countries and discusses the article's view on the subject. It also looks at the content of the article and the validity of its claims and provides an overall review of the article.
Table of Contents:
Introduction
Summary
Analysis/Critical Evaluation
Conclusions
From the Paper
"Globalization's impact in corporate finance in developing countries has thus been enormous, guiding the corporations into the adoptions of new financial and accounting standards, in the increase of their transparency and corporate governance standards, as well as in adopting risk management instruments in order to hedge their commitments on the financial markets. Further more, they are decreasing their financial leverage so as to decrease their debt to equity ratios and develop a more prudent approach. The future participation of corporations in developing countries on international financial markets will most likely increase in trend, as well as in approach."
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The Problem of Student Debt, 2008.
A discussion of the current dilemma of student debt in the United States, focusing on debt consolidation as a solution.
4,259 words (approx. 17.0 pages), 8 sources, APA, $ 113.95
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Abstract
This paper discusses the problems associated with the high levels of student debts that exist in the United States. It looks at the history of student debts for education and discusses the flaws in the program that have resulted in the current dilemma. The paper then focuses on alternative solutions for dealing with the student debt problems, particularly debt consolidation.
Table of Contents:
Introduction
Recent History of the Student Debt
The Parameters of the Current Dilemma
Alternative Approaches Responding to Student Debt
The Best Alternative Approaches to the Problem: Debt Consolidation
Conclusion
From the Paper
"There are a variety of issues that are of importance to practitioners within student services. However, the most pressing problem facing students today is the burden of educational loans they have to pay back with interests after their graduation. This paper highlighted recent history of this issue and also discussed its current parameters. In addition, this paper highlighted alternative approaches being used by students to successfully pay back their debts. This paper found that the most effective approach for students available today is loan consolidation as it offers unmatched benefits and advantages."
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"Perfectly Legal", 2008.
A book review of "Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich - and Cheat Everybody Else," written by David Cay Johnston.
1,380 words (approx. 5.5 pages), 1 source, MLA, $ 46.95
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Abstract
This paper introduces and analyzes the book "Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich - and Cheat Everybody Else," written by David Cay Johnston. The paper discusses the content of the book and reviews the writer's skill and qualifications to write the book. The paper concludes that the book is startling and illuminating.
From the Paper
"The author is not against taxes. Again, in the Prologue, he notes, "A good tax system flows from the economic order and greases the wheels of commerce" (Johnston 2). However, in the pages that follow, he illustrates a tax system that is so seriously flawed it would be laughable if it were not so pathetic, and an IRS that is out of touch even with its own laws and regulations. It also shows that even when the IRS knows that certain tax laws have been manipulated by the rich and powerful, they tend to overlook these "transgressions" rather than attempting to collect the taxes. Take for example, the case of the "accelerated charitable remainder trust" scheme that tax consultant Jonathan Blattmachr engineered in the 1990s for Bill Gates (it is not known if Gates used the dodge before it was outlawed) (Johnston 7-8). Schemes like this continue, and as soon as one is outlawed, another takes its place, allowing the super rich to live extravagant and lavish lifestyles at the cost of "normal" American taxpayers."
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Fighting Global Poverty, 2008.
A discussion on third world poverty and our role in improving the lives of billions of people.
1,707 words (approx. 6.8 pages), 8 sources, APA, $ 55.95
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Abstract
The paper reveals startling statistics on global poverty and asserts that fighting poverty must be a global effort by both the "have" nations who can afford their support and the "have not" nations who have to work on their own internal problems. The paper discusses how organized programs and actions that provide an impetus for improved education, self-sufficiency and empowerment can help the world's impoverished nations become richer. The paper maintains that regardless of what approach individuals support for attempting to eradicate poverty, they must become involved and take a stand.
From the Paper
"The third-world comprises about 50 nations and one billion people. India and China have both experienced growth through increased globalization. However, the remaining countries remain unchanged. From 1960 to 2000, the new third world experienced no growth at all. In the meantime, the economies of the developing world are enjoying continually faster growth from one decade to the next. The bottom billion are falling further and further away from the rest of mankind. "Globalization must not leave the bottom billion behind," states the head of the World Bank, Robert Zoellick, yet it already has (Collier, 2007, B03)."
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Economic Effects of Crime in the U.S., 2008.
This paper looks at the economic effects of criminal activity in the United States.
769 words (approx. 3.1 pages), 3 sources, APA, $ 27.95
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Abstract
This paper discusses the direct and indirect costs of criminal activity. The paper first explains that the direct economic impacts of criminal activity are those born by its victims, represented by the material value of stolen property, and the cost of repairing the physical
damage or destruction of property caused by the methods used to effectuate the crime. The paper then explains that the indirect economic impacts of criminal activity are those born by private
entities, necessary to prevent and insure against crime, as well as the those born by society collectively, to prevent and deter criminal activity, and to apprehend, prosecute, and incarcerate criminal perpetrators. Next, the paper takes a closer look at specific types of criminal activity and economic effects on society. The paper discusses that criminal enterprises and conduct vary substantially, ranging from low-level, "street" crimes against persons, primarily for the tangible property in their possession, to sophisticated, "white collar" crimes perpetrated against large corporations or even against entire industries.
Outline:
Introduction
Street Crime and Property Crime
White Collar Crime, Organized Crime, and Abuse of Public Assistance Programs
Computer Crime and Identity Theft
From the Paper
"White collar crime encompasses a wide variety of fraud and related criminal enterprises perpetrated against individuals as well as against corporations. It includes banking and investment fraud, insurance and mortgage fraud, corporate and public corruption, money laundering, as well as the abuse of public assistance and medical care funding programs.
"In total, it is impossible to quantify the precise economic costs of white collar crime, but it is certainly in the hundreds of billions of dollars, representing direct monetary losses as well as the cost of developing, implementing and maintaining security programs and procedures to prevent future and recurrent crimes of this nature."
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Corporate Responsibility, 2008.
This paper looks at the issue of corporate responsibility, focusing on the organization, Gap Inc.
1,844 words (approx. 7.4 pages), 7 sources, APA, $ 59.95
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Abstract
In this article, the writer notes that today, the excellence of companies is not rated purely on their competitive nature and profits made. In fact, their social responsibilities, contributions and attitudes are also considered a huge part of their image and popularity. The writer discusses that major industries, entrepreneurs and managers have the additional responsibility to oblige the needs and rights of their workers, their customers, the societies and communities they serve as well as the overall atmosphere. In this paper, the writer studies the corporate responsibility of Gap enterprises in order to understand the manner in which multi-national corporations are currently defining and managing their responsibilities with regards to human and environment right as well as the labor or workforce demands and needs. The writer concludes that Gap Inc. is one of the leading enterprises in the world that realizes its social responsibility and acts according to its obligation to the community by engaging and initiating ventures that can help in the enhancement of working environments, employee expansion, environmental awareness, efficient and satisfying labor supply chains, etc.
Outline:
Introduction
Gap Enterprises
Supply Chain Labor Environments
Employee Growth
Community Investment
Environmental Issues
Conclusion
From the Paper
"The GAP enterprises realize their responsibility and accountability to the community and also realize that their success lies in the networking that they are able to do with the community they are in and the way that the community responds to them. Hence, they have made sure that they correctly assess and evaluate all their strategies and how they affect their own commerce and the environment of the community both in the short and the long term. The GAP enterprise does well in adapting their objectives in accordance with the community i.e. in developed markets they target the strong-minded and independent youngsters while in the developing markets they target the women to help them break out of the contemporary cycle and enhance their work capacities.
"With the increase in the social responsibility of the corporations and business entities, the GAP enterprises like many other corporations now have to work hand in hand with the government if they want to make the community feel like they can trust the industry."
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United States National Debt, 2008.
A look at the USA's national debt and the economic effects on the country.
784 words (approx. 3.1 pages), 3 sources, MLA, $ 27.95
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Abstract
This paper provides details of the U.S. national debt together with some of the opinions that are held in regard to the large amount of the debt. It also sets out the economic implications for the USA at present and in the future.
Outline:
Economic Effects
Effects on the following generations
Debate on the federal debt
From the Paper
"The restrictions imposed on credits, combined with the increased costs of purchasing the credit will generate fewer investment opportunities and fewer development resources. Companies will have to be restructured; they will be obliged to downsize their employees and increase the prices of their products and services in order to avoid bankruptcy. This will generate a general price increase and also an increased unemployment rate. Also, a national debt that is increasing at a superior rate as compared to the economic development rate is likely to generate dollar devaluation in comparison to other international currencies, such as the EUR, GBP or the YEN.
"As such, the major impacts a continuing ascendant national debt will have upon the economy reveal a growing demand for credits and the increasing costs of credits, the general price increase, a growing unemployment rate and the devaluation of the national currency."
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Revenue Healthcare, 2008.
A research analysis to discover which tools healthcare organizations and practitioners may use to increase revenue streams while facing rising costs and an increasingly aging population relying on Medicare and Medicaid.
2,013 words (approx. 8.1 pages), 8 sources, APA, $ 63.95
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Abstract
The paper reviews the trends, innovations and future of finances, revenue streams and investments in the healthcare industry. In doing so the paper proposes several choices or alternative sources of revenues for hospitals treating an ever-increasing number of patients that rely on Medicare and Medicaid for insurance. The paper comments that at the time of this study, most hospitals fell short of revenue goals because Medicare and Medicaid did not provide adequate compensation to meet the needs of the aging population.
Outline:
Introduction
Purpose of the Study
Overview Medicare & Medicaid
Background and Review of the Problem
Tools Used in the Past to Generate Revenue
Tools That May Save Money
Other Sources of Funding
How to Protect Revenue Streams
From the Paper
"Unfortunately, while these programs offer some assistance to patients, Medicare and Medicaid often fall far short of need when the time comes to pay for lengthy hospital stays. Legislation in recent years has proposed cutting the budget for Medicare and Medicaid in the past, something that would only increase the problem hospitals and other healthcare facilities have when collecting revenues for treatments offered to the Medicare and Medicaid population (AHA, 2006). Many hospitals and other facilities have gone as far as denying treatment because they cannot keep up with costs associated with caring for those without secondary insurance."
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Ecological Imperialism and Marx's Capitalism, 2008.
This paper discusses ecological imperialism in light of Marx's views on capitalism.
1,042 words (approx. 4.2 pages), 4 sources, MLA, $ 36.95
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Abstract
This paper looks at how political imperialism and capitalist forces are closely connected with ecological imperialism. In particular, the paper examines the theories of Alfred W. Crosby and Karl Marx on imperialism and looks at how they relate to ecological imperialism. The paper first discusses Crosby's thesis that imperialism did not only change the political and social structures of colonies but also affected their ecological systems. The paper then looks at Marx's arguments about the damage caused by capitalism. According to Marx, capitalism was a force that treated laborers as machines and did not give them the value they deserved. This degradation of work leads to degradation of environment and ecology.
From the Paper
"Imperialism is a well-understood concept and the mere mention of the word generates extreme sentiments of resentment and bitterness against certain nations of the world. When imperialism in politics was destroying the colonies, there was another phenomenon at work, which had also been working hand in hand. It was called ecological imperialism where entire ecologies of colonies were changed because of imperial influences. Alfred W. Crosby first brought this forward in 1986 in his book Ecological Imperialism: The Biological Expansion of Europe, 900-1900."
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Thomas Malthus and Modern Agriculture, 2008.
A look at Thomas Malthus' view of modern agriculture in light of his criticism of the Poor Law.
791 words (approx. 3.2 pages), 2 sources, MLA, $ 28.95
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Abstract
The paper relates that the arguments presented by economist Robert Thomas Malthus in regard to the English Poor Law can be expanded to numerous areas, including agriculture. The paper discusses the features of modern agriculture and Malthus' potential beliefs. The paper then shows how, due to the unique features of our contemporary economy, the liberalized markets and fierce competition, most of Malthus' arguments no longer find a practical application.
From the Paper
"Thomas Malthus was a renowned economist of the seventeenth century England. His main areas of interest were demographics and the status of the population. One of his particular works was an essay that criticised the implementation of the Poor Law. This law was meant to relief poverty. It presupposed that a community's poor were identified and then aided by the wealthy population. The paupers were all brought together in workhouses, which were locations where the poor would live and work. The law was both welcome and criticised: the intention to aid the poor was noble, but on the other hand, it disadvantaged the working community and was perceived as an encouragement for poverty."
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Why Corporations Exist, 2008.
This paper discusses why corporations exist, focusing on the similarities between automobiles and corporations.
1,984 words (approx. 7.9 pages), 16 sources, APA, $ 63.95
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Abstract
This paper draws the analogy that corporations are like automobiles, in that both exist to move people and goods and both fuel the economy. The writer maintains that corporations create automobiles to fuel the economy, but they also create other "tools" to reach the same goal, such as professionals and financial products. The writer further explains that, like the automobile, the organization is built from different parts: top, middle and low management. The writer points out that automobiles are built from parts as well: engine, wheels, carburetor and each part has its function. The writer concludes that corporations exist because they deliver better results by being more efficient in moving the people and the goods involved in the value creating process. They are also the most suitable ownership type given the diversity of investing options nowadays.
This paper includes color charts and graphs.
Outline:
Corporations and Organizations
Automobiles
Why do Corporations and Organizations Exist?
From the Paper
"The governance mechanism as described by Williamson is based on transaction costs. Basically, these ones dictate whether transactions are made through markets or by internalizing activities. Market-based transactions are subject to uncertainty, which generate transaction costs, whereas hierarchies generate higher costs associating with controlling a wider range of activities. The central piece of his theory is the asset specificity. The higher the specificity of a company's assets is, the more agents are likely to behave opportunistically, which is an incentive for the company to internalize activities along the value chain to protect its assets.
"The traditional contract theory of the firm has recently been enriched with a more recent type of contacts: relational contract. This latest contribution suggests that each party behave in such a manner to reach the other party's expectations and the behavior is maintained by fear of retaliation of the other party(ies)."
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Adam Smith, 2008.
This paper outlines the philosophies of Adam Smith, the economic and political visionary.
873 words (approx. 3.5 pages), 7 sources, APA, $ 31.95
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Abstract
The paper explains Adam Smith's background and his moral and economic philosophy. The paper looks at how Smith perceives the nature of work and the relationship between working people and society at large.
Outline:
Background and History
Smith's Moral Philosophy
Adam Smith's Economic Philosophy:
Conclusion
From the Paper
"Adam Smith (1723-1790), was a professor of moral philosophy at Glasgow University and a visionary economic political theorist who pioneered a capitalist theory that was to become known as laissez fair economics. His most influential written works were An Inquiry into the Nature and Causes of the Wealth of Nations, which he authored in 1776, fittingly, the same year as the birth of the United States, where his approach to economics was to be embraced and implemented more extensively than any other nation."
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The Mortgage Crisis, 2008.
An analysis of the causes of the current financial and economic crisis in the US.
885 words (approx. 3.5 pages), 2 sources, MLA, $ 31.95
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Abstract
This paper analyzes and discusses the causes of the current economic and financial crisis in the US. The writer cites poor risk management and too much confidence in the market as some of the underlying causes of the current economic crisis and explains why this is so. The writer also provides his own opinions on the economy and argues that we are heading for an economic recession. The writer also suggests that, perhaps, the current mortgage and real estate crisis is just a consequence of the growing recession trend over the economy in its entirety.
From the Paper
"In terms of confidence, the current crisis follows a period when money was cheap and when there was a great supply of cash on the market. With the 2000 stock market crash and the terrorist attacks on 9/11 and the immediate recession that followed at a global level, Alan Greenspan, then Federal Reserve chairman, opted for a policy of interest rate cuts with the objective of resuming economic growth and stimulating investments in the economy."
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Overpaid CEOs?, 2008.
This paper looks at the issue of overpaid CEOs and argues that higher compensation for CEOs means a higher quality of life for everyone.
1,125 words (approx. 4.5 pages), 2 sources, MLA, $ 38.95
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Abstract
In this article, the writer notes that with the recent corporate scandals making the news, the question of corporate greed has been at the forefront of the American consciousness. The writer further points out that the possibility of corporate greed is nowhere more visibly apparent than in the cases of the CEOs of major U.S. corporations. Very often, these CEOs are paid exorbitant sums, along with fringe benefits and stock options, to manage these companies. Some estimate that U.S. CEOs are currently paid more than 300 times the wage of the average U.S. worker. The writer maintains that this higher pay scale does not necessarily mean, however, that CEOs are overpaid: In fact, the writer claims that it is evident that the growing gap between super rich CEOs and the average American worker is indicative of a rising quality of life for all of us.
From the Paper
"Capitalism is, after all, an ideal mechanism for the creation of wealth through the operation of free markets and free trade. It shouldn't come as a surprise, then, that CEOs of major corporations have reaped significant benefits from the mechanisms of capitalism. What critics of CEOs pay fail to admit is that it's not just the CEOs who are better off than they were twenty years ago. American society as a whole is much better off because capitalism has fueled incredible wealth building. The rate of growth of wealth is obviously much faster for CEOs of major corporations, but that does not undermine the reality that American society as a whole is improving its fiduciary situation. The CEOs in question are simply riding the leading crest of a figurative wave.
"Consider the following facts. In 1980, there were about one dozen billionaires in the United States, 13,500 households that made more than $1 million a year, and only about 600,000 with a net worth of more than $1 million."
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