Feeds:
Posts
Comments

Posts Tagged ‘Business of business’

Occupy Wall Street is bringing to most everyone’s attention that we, the 99%, are not mere cogs in the economic machinery and those in the executive suite are not our overlords.  I applaud the courage and commitment of those standing up for the rights of citizens.

Read Full Post »

Where are we headed? The significant finding in a recent US Census report (Income, poverty, and health insurance coverage in the United States: 2010) isn’t that the poverty rate is highest since 1993.  Rather it is that the poverty rate had been steadily declining between 1993 (15.1%) and 2000 (11.3%) and steadily increasing to its [...]

Read Full Post »

Jared Bernstein’s recent article about the existence of two U.S. economies presents data showing the incongruence between corporate profit and (middle–class) compensation—the former with a steady increasing trend and the latter a steady decreasing trend.  These trends are not 2008 recession era trends they have been evident for decades.  The conclusion drawn from these is [...]

Read Full Post »

Just how valid is the idea that privatization of society’s services to its citizens ensures the highest quality of service to people in society?  Let’s critically analyze by understanding the precepts of the private economic enterprise. 

Read Full Post »

Because economic theory and practice touches much of life in society, its practice has far-reaching implications.   In a recent New York Times OP-ED article Thomas Friedman describes the effects of our consumer-driven growth model of economics upon our future.

Read Full Post »

Raising of the Middle Class In a recent research report (Addressing the Problem of Stagnant Wages) Frank Levy and Tom Kochan note: “In the three decades after World War II, a central feature of the American economy was a mass upward mobility in which each generation lived better than the last, and workers experienced earnings [...]

Read Full Post »

Until business becomes the means for people to actualize their potential as human beings and not just the means for the wealthy to accumulate more wealth, there will forever be a downward push against labor.  The notion that if we can get people to work for less then we can be far more profitable seems [...]

Read Full Post »

The testimony of the CEOs from America’s five leading oil companies before congress revealed their belief that the unit of survival is (solely) their organization.  That is, the center of the universe is (literally) their corporation and industry and correspondingly that their importance both personally and corporately must not be questioned—they stand above it all.

Read Full Post »

It is estimated that about 70% of organizations initiating lean programs don’t realize the promised or anticipated success.  So it would seem that either lean is a bad idea or lean is not properly understood.  Given Toyota’s notable success, I think we’ll go with the latter!  

Read Full Post »

Johnson & Johnson has been known for its commitment to its credo that requires its executives and employees to conduct business responsibly and with the utmost concern for those they serve (which according to their credo includes patients, doctors and nurses).  However recently that image of J&J being the pinnacle of responsible business has been [...]

Read Full Post »

« Newer Posts - Older Posts »

Follow

Get every new post delivered to your Inbox.

Join 72 other followers