Frontier | Vol. 49, No.25, Dec 25 – 31, 2016
Old Colonialism is ‘gone’. No, it has just reappeared with vengeance, under the banner of corporate culture. It’s still the banner of a company. But it is a ‘multi-national’ company. It’s corporate colonialism now. The way British Colonialism is plundering Africa through their multi-nationals will soon make this ‘dark contiment’ even darker. In the forties and fifties it was somewhat easy to launch national liberation against white rule and exploitation. But the case is totally different today. Black rulers have made it difficult to raise the slogan of ‘national liberation’. It’s now the question of how to raise the same slogan against corporate power. Strangely, political forces on the left look totally directionless. Nor have they managed to formulate any concrete agenda to fight corporate menace so far. Living without corporates should be the only way out. No, all are trying to adjust with corporates and live with them. Read More »
A Journal of People report
Canada’s top-paid 100 CEOs make an average of $9.5 million a year, finds a study by the Canadian Centre for Policy Alternatives (CCPA).
The CCPA said:
The country’s 100 highest paid CEOs will have earned $48,636 by lunchtime on their first working day of the year – about what the average Canadian earns in a year.
The amount of money that the top-paid Canadian CEOs make works out to 193 times the average Canadian’s wage of $49,510.
“These extraordinarily high levels of compensation push people toward making decisions that will deliver a short-term benefit in a time period in which they’re able to take advantage of it, rather than making decisions that are in the long-term benefit of the corporation,” said economist Hugh Mackenzie, author of the study report.Read More »