Work Futures Daily | Ars Longa, Vita Brevis
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Beacon NY 2019–08–21 | The stakewashing in the press these days is wearing me down. I am feeling decidedly left of socialist, as a result.
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Stories
Tom Wilson, in Save Capitalism by Paying People More, appears to be embracing an agenda of corporate generosity, saying that companies should create more high-paying jobs. But this is just more stakewashing, since he doesn’t actually commit to raising wages. If you don’t know Wilson is the chairman, chief executive, and president of the Allstate Corporation and chairman of the executive committee of the United States Chamber of Commerce, which makes him pretty much the archangel of capitalism in the US, today. But in this piece, he wags his finger at corporate boards who aren’t focused on paying workers more, sort of:
