Stanley Aronowitz Remembered

By Les Leopold Stanley Aronowitz, my ex-brother-in-law, came crashing into my life in my early teens. The combination of Stanley and my sister Evelyn totally scrambled my entire vision of the world and of myself. I went from a lower-middle class suburbanite to a working class radical with many difficult stops along the way. Stanley never tired of sharing books, discussing politics and asking probing questions. He was enormously kind and gracious in his support of me and my work. We stayed friends for the rest of his life. Through Stanley and Evelyn I met the late Tony Mazzocchi, with whom …

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Institute for Policy Studies Report: Corporations Change Rules to Increase CEO Pay During Pandemic, Layoff Workers

The details are in this report: https://ips-dc.org/how-corporations-pumped-up-ceo-pay-while-their-low-wage-workers-suffered-in-the-pandemic/ Just one juicy detail among many: “Hilton CEO Christopher Nassetta had the largest paycheck among the rule-rigging companies. After he failed to meet the goals associated with his multi-year stock awards, the board “modified” the awards by disregarding poor 2020 financial results and changing the performance metrics. Those maneuvers inflated his total compensation to $56 million — 1,953 times as much as the company’s median worker pay of $28,608 in 2020.” The article suggests support for the Tax Excessive CEO Pay Act, currently in Congress, which would impose a graduated tax depending on …

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