Corporate Balance
The Problem Corporate growth and executive compensation in the U.S. are currently out of control. Terminology Mega-Mart Not a specific business, a placeholder for a lot of large corporations (e.g. Walmart). comes to town Not specific to geography, includes large corporations on the Web (e.g. Amazon). Everyone hates Mega-Mart In the latter half of the twentieth century the corporate landscape has become dominated by large corporations at the cost of smaller companies. Before Mega-Mart comes to town people run their own businesses and sell to each other. Prices are higher because the owners of the small businesses are not as efficient as Mega-Mart, but the small business owners have money to raise their families and they are part of their community. After Mega-Mart comes to town the inefficient small businesses can no longer compete . The small business owners end up working as employees instead of owners. They may do essentially the same job, but usually for less money and no equit...