The decade of living dangerously: CEOs and capitalism Jayati Ghosh

This has been quite a decade for global corporate leaders, volatile not only in terms of their actual fortunes, but perhaps even more so with respect to the shifting perceptions of society. When the decade began, large corporations and those at their helm were at the peak of their power, flush with riches delivered by the dotcom boom in the US economy as well as the vast opportunities created by easier access to global markets. Along with economic wealth came social approbation. The glorification of business leaders became the norm, not only in the US and other developed countries, but…