Remove Development Remove Golden Parachute Remove Marketing
article thumbnail

Income Inequality Is a Sustainability Issue

Harvard Business Review

Business by now has a well-developed playbook for dealing with such sustainability issues. Henry Ford understood this, paying the workers at Ford more than their counterparts at other industrial companies, reasoning that helping to expand the new middle class was a way to expand the market for Ford’s product.

article thumbnail

The Great Splintering

Harvard Business Review

Today's world of bailouts, golden parachutes, sky-high financial-sector salaries — while middle incomes stagnate — seems to be exactly the reverse. An enlightened social contract is not built on subsidies or "handouts" — whether to the impoverished, or to the pitiable welfare junkies formerly known as "the markets."