Quote of the Day

“We are creating a caste system from which it’s almost impossible to escape, except for the few with exceptional brains, athletic skills or luck. That’s why I’m scared. We risk losing the capitalist engine that brought us great economic success and our way of life.” — Young & Rubicam emeritus chairman Peter Georgescu, calling for higher wages and greater reinvestment by companies in their own products.

This entry was posted in Economy. Bookmark the permalink.