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One of the greatest honors Louis XIV of France would grant to his courtiers was the honor of helping him get put on his clothes. It served a dual purpose: It exalted his favorites, while reminding them that they were little more than body servants to the vaunted “Sun King.” Not unsurprisingly, despite his love of pomp and ceremony and war, he ruled France with astonishing incompetence, wasting blood and treasure on a series of fruitless wars and frequent defeats, setting the stage for the Revolution two generations later.
These days, he would have been a CEO who received “pay for performance.” After all, he wore expensive suits, looked good in meetings, and wrote nice letters.
From MarketWatch:
