- Top Features:
- War Room
- Glenn Greenwald
- Broadsheet
- Joan Walsh
- Camille Paglia
- Since You Asked
- Follow Salon:
Read other letters about this article
What strikes me with all of this, is that the endemic corruption in our "elite" class is not confined to government. It's also highly evident in corporations and the business world, although it takes some time to realize it.
After working for years at one of the biggest internet companies (and Silicon Valley is supposed to be a meritocracy) I couldn't help but notice the same clubby insider game at the highest levels. A string of "heavy hitters" with long resumes rotate through the top jobs (VP, SVP, COO, CEO, etc.), earning millions, and destroying entire parts of the company in their wake. They don't get fired, they lay people off. When they leave, they get a similar job somewhere else. They have a distinct (upper class) style of dress, they went to school at Harvard or Stanford, they have long resumes with other high-level positions. Their track records are consistently poor. Yet they have the top jobs and the top pay and are never held to account.
What will happen when they run out of companies to destroy? Oh yeah... that's what "bailouts" are for.
