In the struggle between capital and labor, more often than not capital has won, because the real source of value for most companies has historically been the hard assets that they owned and controlled. James Surowiecki assetcapitalcompany share on social
Besides great climates and lovely beaches, California and Greece share a fondness for dysfunctional politics and feckless budgeting. James Surowiecki beachbudgetecalifornia Change image and share on social
By the time of the '90s boom, CEOs had become superheroes, accorded celebrity treatment and followed with a kind of slavish scrutiny that Alfred P. Sloan could never have imagined. James Surowiecki 90saccordalfred Change image and share on social
Now, modern economies have a very effective mechanism for deciding if salaries are really too high: it's called the free market. That's how most people's salaries are set, after all, including those of major-league baseball players and European soccer players. James Surowiecki baseballcalldecide share on social
If companies tell us more, insider trading will be worth less. James Surowiecki companyinsidertrade Change image and share on social
Punk rock has never really had much patience with musical virtuosity. Actually, it'd be more accurate to say that for most of its history, punk has been actively hostile to virtuosity. James Surowiecki accurateactivelyhistory Change image and share on social
Pop music thrives on repetition. You know a song's a hit when you've heard it so often that you'll be happy never to hear it again. James Surowiecki happyhavehear Change image and share on social
Speculators get a bad rap. In the popular imagination they're greedy, heedless, and amoral, adept at price manipulations and dirty tricks. In reality, they often play a key role in making markets run smoothly. James Surowiecki adeptamoralbad share on social
Sometimes even a smart crowd will make a mistake. James Surowiecki crowdmakemistake Change image and share on social
Flexible supply chains are great for multinationals and consumers. But they erode already thin profit margins in developing-world factories and foster a pell-mell work environment in which getting the order out the door is the only thing that matters. James Surowiecki chainconsumerdevelop share on social
