

“One recent study provides an answer. Professors Michael J. Cooper of the University of Utah, Huseyin Gulen of Purdue University, and P. Raghavendra Rau of the University of Cambridge studied 1,500 large companies and how they performed, in three-year periods, from 1994 to 2011. They then compared these companies’ performance to other companies in their same fields. They discovered that the 150 companies with the highest-paid CEOs returned about 10 percent less to their shareholders than did their industry peers. In fact, the more these CEOs were paid, the worse their companies did. Companies that were the most generous to their CEOs—and whose high-paid CEOs received more of that compensation as stock options—did 15 percent worse than their peer companies, on average. “The returns are almost three times lower for the high-paying firms than the low-paying firms,” said Cooper. “This wasteful spending destroys shareholder value.” Even worse, the researchers found that the longer a highly paid CEO was in office, the more the firm underperformed. “The performance worsens significantly over time,” they concluded.”
― Saving Capitalism: For the Many, Not the Few
― Saving Capitalism: For the Many, Not the Few
“I'll add another return track for compression. This will be used for Parallel, or New York compression, which is basically mixing the fully compressed sound with the original. This has the advantage of adding punch and fatness without losing the transients.”
― Music Habits - The Mental Game of Electronic Music Production: Finish Songs Fast, Beat Procrastination and Find Your Creative Flow
― Music Habits - The Mental Game of Electronic Music Production: Finish Songs Fast, Beat Procrastination and Find Your Creative Flow

“The enterprises of the country are aggregating vast corporate combinations of unexampled capital, boldly marching, not for economic conquests only, but for political power,” Edward G. Ryan, the chief justice of Wisconsin’s Supreme Court, warned the graduating class of the state university in 1873. “The question will arise, and arise in your day, though perhaps not fully in mine, ‘Which shall rule—wealth or man; which shall lead—money or intellect; who shall fill public stations—educated and patriotic free men, or the feudal serfs of corporate capital?’ ”
― Saving Capitalism: For the Many, Not the Few
― Saving Capitalism: For the Many, Not the Few
“Bonhoeffer soberly observed that peace could not be reached by taking the path of security. Whoever wanted security would necessarily be distrustful of the other, and precisely this was what supported war. In contrast, peace was always a risk, a dare in which one yields completely to God’s command.”
― Theologian of Resistance: The Life and Thought of Dietrich Bonhoeffer
― Theologian of Resistance: The Life and Thought of Dietrich Bonhoeffer
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