Too Greedy for Adam Smith: CEO Pay and the Demise of Capitalism

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The book critiques the rampant issue of excessive CEO compensation and its detrimental effects on free enterprise in America. It highlights the hypocrisy of corporate governance, where unethical "sweetheart deals" are normalized, contrasting sharply with the accountability expected in other business roles. The text argues that inflated pay packages distort corporate priorities, favoring short-term gains over sustainable growth. It calls for accountability among boards of directors and advocates for a collective rejection of this practice to protect the integrity of capitalism for all stakeholders.