Peter Georgescu - Advocating for a Better Future

Writing, speaking, and advocating for a better future.

Peter Georgescu went from a Soviet-style labor camp in Romania, to first-class education at Exeter, Princeton, and Stanford, and continued on to Young & Rubicam where he rose through the ranks to become Chairman and CEO. Peter is an author and speaker, devoted to income equality and opportunity for all Americans. His remarkable experiences of hardship and oppression, combined with his business career, give him a unique perspective on the challenges facing our society.

A C.E.O Who's Scared for America

Capitalism, he says is slowly committing suicide.

By David Leonhardt

Opinion Columnist

For the past four decades, capitalism has been slowly committing suicide. It's going on in plain view, though few recognize what's happening, because to most observers of the stock market, nothing looks amiss. Despite the extraordinary rise in income and wealth for the top income quartile in America, the median household income today is less than one percent higher than it was in 1989. And since the 2008 financial crisis, 91 percent of income growth has gone to the top one percent. Flat wages have taken a serious bite out of far too many people’s standard of living.

Income Inequality

Wages have stayed flat, or have declined, since mid-1970

Despite the extraordinary rise in income and wealth for the top income quartile in America, the median household income today is less than one percent higher than it was in 1989. And since the 2008 financial crisis, 91 percent of income growth has gone to the top one percent. Flat wages have taken a serious bite out of far too many people’s standard of living.

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Writing, speaking, and advocating for a better future.

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A C.E.O Who's Scared for America

Income Inequality

Wages have stayed flat, or have declined, since mid-1970