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 £70m a year.
A rigorous exposé 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.
Table of Content
Foreword vi
1 Who Wants To Be A Millionaire? 1
2 Just Deserts? 28
3 Why Top Pay Matters 55
4 Corporate Governance Fights a Losing Battle 76
5 What Can Be Done? 95
Conclusion 124
Notes 128
About the author
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.
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