Category: CLASS ANALYSIS

Median CEO pay in US tops $1 million a month

PATRICK MARTIN—Loepp is by far the best-paid chief executive officer of a company that is still nominally not-for-profit—but posted an “operating margin” last year of $605 million—and which, because of its longstanding relationship with the auto industry, the UAW and the AFL-CIO, has eight union executives on its board of directors.These union officials approved the bonus and other compensation for Loepp and set the “targets” that Loepp had to meet, which were achieved by cutting the jobs and benefits of Blue Cross Blue Shield workers, many of them members of the UAW, as well as benefits for workers insured by the company, which is the principal health insurer for unionized workers across the state.

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The “Holodomor” and the Film “Bitter Harvest” are Fascist Lies (Updated)

GROVER FURR—Soviet leaders, Stalin among them, decided that the only solution was to reorganize agriculture on the basis of large factory-type farms like some in the American Midwest, which were deliberately adopted as models. When sovkhozy or “Soviet farms” appeared to work well the Soviet leadership made the decision to collectivize agriculture. Contrary to anticommunist propaganda, most peasants accepted collectivization. Resistance was modest; acts of outright rebellion rare. By 1932 Soviet agriculture, including in the Ukrainian SSR, was largely collectivized.

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