Welch's Marvelous Transformation (tags)
Nearly all the excesses summarized unter the terms turbo- or casino capitalism are based on the ideology of shareholder value: the rule of financial markets over the real economy, the short-term and short-sightedness of shareholders and waves of rationalizations."
"From now on, you work only for the shareholder!" The disappearance of traditional paid labor relations accelerated by shareholder value strategies means the middle- and lower classes are permanently threatened in their social and economic existence.