Observing the backlash against those on top pay having to pay attention to the public mood by refusing bonuses. One top analyst says that big pay and bonuses are necessary to provide motivation, which will lead to success for the country.
I was thinking about all those who manage to do a good job without such additional financial motivation : bus drivers responsible for the safety of their passengers, nurses, home helps, teachers, technicians..........complete you own list.
And those who do need to be 'motivated' : investment bankers, financial traders, management consultants, hedge fund managers.........
No wonder Adam Smith backed off his original perception that 'greed is good' and concluded that social responsibility was important.
We are all in it together!
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