A Decade of Corporate Greed: The 1980s (Slide Notes) Slide# 1: Title A Decade of Corporate Greed The 1980s
Slide# 2: Introduction The idea that the 1980s signified a decade of greed is evidenced by a number of things. Kevin Phillips called it “conspicuous opulence” (McKenzie, 1992). The decade is aligned with conservative economic policies and substantial growth in some sectors. SPEAKER NOTES: The 1980s has been dubbed the decade of greed by many as there had been a number of things that stood out during the era. Many fondly look back at what they call the "Reagan Eighties" where many corporations did well, at least for a time. It was a time when people realized they could prosper on Wall Street. It was a perfect time in history as the Vietnam War was over, and double digit inflation ended. With the Republicans in the White House, lower taxes, and the beginnings of the computer age, the economy would thrive. It seems as if there was easy money and people would begin to explore entrepreneurial ideas. It was an exciting time for those up and coming executives who wanted to make their fortunes.
Slide# 3: Evidence Jump in luxury auto sales (McKenzie, 1992). More students pursue MBAs (McKenzie, 1992). Also, many Wall Street executives would go to prison (McKenzie, 1992). SPEAKER NOTES: There was evidence that things were economically well. People were buying things. They began to call it conspicuous consumption. In earlier decades, people would keep up with the Joneses, but in the 1980s, people would surpass their neighbors and move to wealthier