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Robert Reich is defending preposterous CEO salaries
Slate.com argues that liberal Robert Reich, former labor secretary (Clinton administration) "positioned himself to the right of President Bush" in the issue and he defends" that corporate chief executives deserve their stratospheric pay" in his new book Supercapitalism.
Excerpt from the article:
"While nobody was looking, Robert Reich positioned himself to the right of President Bush. Reich was Bill Clinton's Labor secretary, and while he was never the left-winger caricatured by the right, he was more reliably liberal than most of the Clinton Cabinet. Reich is still a liberal, but in his new book, Supercapitalism, he argues that corporate chief executives deserve their stratospheric pay."
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