Are Chief Executives Overpaid?

D Hargreaves

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Paperback

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English

Polity Press
05 October 2018

Political economy

Series: The Future of Capitalism

Wages for the majority have been stagnant for decades, but a lucky few have enjoyed a pay bonanza. Top company bosses take home in several days as much as most people earn in a whole year.

In this hard-hitting book, Deborah Hargreaves explains why pay for the top 0.1% has sky-rocketed in the past 20 years. She gives a devastating account of how it has created a vicious circle that destabilizes our economy and undermines social cohesion, demolishing the twisted logic of the chief executives who say: 'I'm worth it', when that means raking in GBP70m a year.

A rigorous expose of the dysfunctional nature of our 'winner-takes-all' economy, this book debunks the myths behind top pay and examines a range of pragmatic solutions.

By: D Hargreaves
Imprint: Polity Press
Country of Publication: United Kingdom
Dimensions: Height: 190mm, Width: 126mm, Spine: 12mm
Weight: 188g
ISBN: 9781509527809
ISBN 10: 150952780X
Series: The Future of Capitalism
Pages: 140
Publication Date: 05 October 2018
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Deborah Hargreaves is former business editor of the Guardian and a founder and director of the High Pay Centre, an independent think-tank that monitors executive pay.

Reviews for Are Chief Executives Overpaid?

Nothing is so politically alienating as the way society has lost control over obscene top pay. No-one is as trenchant - and readable - as Deborah Hargreaves in her expert analysis. Polly Toynbee, The Guardian In her extremely valuable book, Deborah Hargreaves demonstrates that the explosion in executive pay overwhelmingly reflects rent extraction. That is economically damaging, because performance-related pay encourages poor decision-making, and socially destructive, because it undermines the legitimacy of capitalism. Martin Wolf, The Financial Times

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Are Chief Executives Overpaid?

D Hargreaves

$20.95

Paperback

Reviews for Are Chief Executives Overpaid?

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