Potential Psychopaths Us All

In the article Three Things to Know to Hold Wells Fargo Accountable the author Lynn Parramore (Senior Research Analyst at Institute of New Economic Thinking) relays what William Lazonick (Professor of Economics, University of Massachusetts Lowell) identified as the three things we need to know: 1) American businesses have become stock manipulation machines; 2) focusing on short-term stock prices leads to corruption; and 3) punishment means little until executive pay is understood. The first essentially speaks to the profit maximizing intent of business and its executives and the second to the importance of it happening now if not sooner while the third is that the entire scheme is ultimately profitable because of the enormous size of the gains. So now that we know these things, what are we to do about it? Continue reading

Clueless in a Human World

The authors of a recent HBR article, Wells Fargo and the Slippery Slope of Sales Incentives, provided the answer “to meet sales quotas and earn incentives” to the question “why they (they being the lower level employees of Wells Fargo) did this in the first place.” The “this” being unethical if not illegally selling and charging customers for services they did not need or request. It seems that the perspective here is that the employees where at fault, after all they are the ones who acted fraudulently! Continue reading

A Drowning Class and the Invisible Hand

Whether as a symptom of or as a commentary about the state of affairs of the U.S. economy we hear many (pundits especially) say the middle class is declining… if not disappearing. A growing number of people the state of affairs is quite stormy as they are finding it harder and harder to stay above water, yet for a select few who are smoothly sailing along it has never been better. Continue reading

A Theory for Leadership for a Human World

Leadership, according to Peter Northouse (2010, p 3), is a process whereby an individual influences a group of individuals to achieve a common goal. So then is evidence of leadership the achievement of a goal by a group? Does the goal matter? Do the means matter? Continue reading

In The Larger Scheme of Things

What happens when the larger-scheme-of-things is ignored and denied out of existence? Continue reading

It’s All In Our View

There is little doubt that the Newtonian-Cartesian based worldview which informed the Industrial Revolution has provided a system of thought for ordering our world and correspondingly for solving problems and realizing tremendous benefit. These benefits have come through the application of positivist science that brought wonderful advances in the field of medicine and technological innovation. Unfortunately this worldview is an egoistic materialist mechanistic worldview that has guided us in making our world an inhumane world; one where man’s inhumanity to man is quite prevalent. Continue reading

When It’s Everything

Let’s imagine that we surveyed people asking them whether they are in favor of   quality. What would we likely find? There is little doubt that overwhelmingly their response would be yes. What does this mean, what does this imply? Continue reading