Issues & Observations
Repent! Repent! Repent! It's a chant heard nowadays by many leaders of companies, government agencies, churches, and schools. But why should leaders need to repent, and for what?
In a 2003 article in In These Times, senior editor David Moberg suggests that we are experiencing a crisis in business and leadership. “Not every executive is a fraud or cheat,” he writes, “but if the system permits cooking the books, defrauding investors, overcompensating executives, rigging prices, polluting the environment, breaking unions and abusing workers, then it puts pressure on every business to move in those directions. . . . The excesses of managers have helped destroy many corporations, ...