The income gap is growing every day, and there is nothing systemic, in the way most companies do business now, that will bridge this chasm. Yet, one way or another, this problem must be fixed. And yes, business can do much to narrow that gap, even if our politically divided government can’t.

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Airlines have been cutting costs by keeping a cap on wages. Finally, this is changing. Last year, several airlines announced generous pay increases as a way of making up for so many years of neglecting their workers.

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The McKinsey Global Institute’s recent study showed CEOs who defy shareholder activists (who press for immediate gratification) perform consistently better than those who can see only into the next quarter. Leaders need to Ignore short-term pressures and think primarily about future growth.

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We can regain the values and rebuild the America I knew when I came here as an immigrant half a century ago, and much of the effort requires a shift in core values within the private sector itself.

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