Britain’s new prime minister, Theresa May, is not afraid of big challenges. Instead of assuming the rabbit-in-the-headlights posture popular with most of her fellow Brits in response to the Brexit vote, she actually opted to try to take control of the situation. That is either amazingly brave or dazzlingly foolish.But sorting out Britain’s response to Brexit will be the easy part of the challenges May has heaped upon herself. Much more daunting will be how she tries to deal with the "unhealthy and growing gap between what ... companies pay their workers and what they pay their bosses".Forget about possible skirmishes with EU president Jean-Claude Juncker and German chancellor Angela Merkel. May is planning an assault on corporate executive entitlement, which has taken deep root behind the protection of institutional fund managers.May obviously doesn’t believe in the softly-softly let’s-try-to-persuade-everyone approach to dealing with problems. In an inspired move, she has unleashed...
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