How much money and power is enough?
The upper echelon is hoarding money and privilege to a degree
not seen in decades. But that doesn’t make them happy at work.
By Charles Duhigg and cross-posted from New York Times
MY FIRST, CHARMED week as a student at Harvard Business School, late in the summer of 2001, felt like a halcyon time for capitalism. AOL Time Warner, Yahoo and Napster were benevolently connecting the world. Enron and WorldCom were bringing innovation to hidebound industries. President George W. Bush — an H.B.S. graduate himself — had promised to deliver progress and prosperity with businesslike efficiency.
The next few years would prove how little we (and Washington and much of corporate America) really understood about the economy and the world. But at the time, for the 895 first-years preparing ourselves for business moguldom, what really excited us was our good luck. A Harvard M.B.A. seemed like a winning lottery ticket…
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