George Tyler

George Tyler has served as a deputy assistant treasury secretary (1993-1995) and a senior World Bank official (1995-1997).  

Recent Articles

The Codetermination Difference

Democratic senators are embracing the idea of putting employee representatives on corporate boards—which could bolster not just worker power and income but American democracy as well.

Nearly one- third of Senate Democrats have now backed bills by their colleagues Tammy Baldwin (Wisconsin) and Elizabeth Warren (Massachusetts) that require corporations to shift to codetermination—the practice of employee representatives joining shareholder representatives on corporate boards of directors. This new push for codetermination is a shrewd way to dramatize how American-style shareholder capitalism has battered wages, job security, and respect for workers. More important, it is a proven and effective different model of capitalism that will improve the lives of American families left economically adrift since the 1980s. Following the doctrine of “maximizing shareholder value” for the past 40 years, corporate boards controlled by large-scale shareholders have funneled their revenues to those shareholders and the corporate executives whose pay is linked to shareholder rewards—at the expense of investment and wages. Pandemic short-termism in American C-...