It seems opposition to proposals intended to help the greater mass of people, such as providing a livable wage or ensuring healthcare for all or having regulations that ensure a healthy and safe environment, quite often is that they would not be good for business. It does seem that business is opposed to being helpful to people in society, which is consistent with Milton Friedman’s (neoliberal) contention that a business enterprise has no responsibility apart from maximizing profit and shareholder value (over the next quarter).
So, who’s for business? Continue reading
In a December 3rd Harvard Business Review article (Rescuing Capitalism from Itself) Henry Mintzberg noted “since 1989, the United States has experienced some alarming changes, for example the massive infiltration of corporate money into public elections, disquieting levels of corruption in business, rising income disparities, and the decline, of all things in this country, of social mobility.”
How have these alarming changes come about? Are these the result of outside forces or are they the result of the economic system itself? Continue reading
A recent HBR article (Why companies are so bad at treating employees like people) by Herminia Ibarra speaks to the need to re-invent the workplace if there is to be human development at work. As Ibarra characterizes it, this re-invention requires “reimagining complex organizations so that they are more human and agile.” The implication seems to be that making organizations more human and agile involves solving the “thorny problem of developing people.” Continue reading
How often, in either your workplace or community or on corporate television news, have you heard questions asked such as who allowed this to happen or what caused that individual do this after the occurrence of an undesired outcome or terrible incident? I suspect quite often. Continue reading
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
The foundation of our economic system was formulated in the 18th century, at a time when the understanding of humankind was quite limited. Yet we continue to adhere to its precepts as if this 18th century understanding was a full and complete understanding.
The conduct of this (egoistic) capitalist system rest upon the following set of assumptions and precepts: a) the world is a material world explainable as matter-in-motion; b) humankind has no interior essence and is, like the planets above, grounded in matter and the material; c) the cause of human action is external and material; d) with no shared or common interior essence there is no inherent ‘We’ only ‘Me’ as independent individuals; e) each individual is his own property and destined to improve his lot in pursuit of selfish pleasure through material gain; f) the wealth of a nation is the linear sum of the material gain of individuals; and g) Nature’s bounty is limitless and ours’ individually to act upon, dominate and exploit to satisfy our individual pleasurable pursuits. With these assumptions and rules as the guide what could possibly be the future for people and Nature? Continue reading
Our economic system is keeping us in troubled waters and is informing misguided and inhumane practices in the organizing and managing of business. Accordingly a fundamental change in the corporate structure is indeed required as Richard Wolff explained in a recent essay (Enterprise structure is key to the shape of a post-capitalist future), and success with this requires a change in one’s worldview. Continue reading