We Shape The Leaders We Get

Ever wonder why so many of the top executives of corporations are similar in character? Why is it that many accept a huge compensation package while at the same time communicate that it is necessary to cast off many people for the sake of competitiveness? Why is it that many CEO’s seem disconnected from the very people who are living a work-a-day life in their organization exchanging their labor for a weekly paycheck? Why is it that the CEO seems to always satisfy his/her material self-interest irrespective of the performance of the corporation? Continue reading

A Wake Up Call

The fact that Wall Street and other corporate executives are not only allowed but helped in gaining so much from the general public while they generally thumb their nose at the general public is not the problem, though it is symptomatic of a serious problem.  The fact that more and more people continue to lose so much ground is not the problem, though it is symptomatic of a serious problem.  The fact that our elected officials (the representatives of the people of society) are not just emissaries but employees of those contributing vast amounts of money to their livelihood is not the problem, though it is symptomatic of a serious problem.  I could go on almost endlessly, but the point is that these are just effects of our problem. Continue reading

Reflection #3 on Occupy Wall Street

If the Occupy movement is to succeed then it must lead us to understand that the economic system is not broken but that it is fundamentally flawed. What we are experiencing is nothing but an ill-conceived system taken to its inevitable conclusion: The privatization of society and the growing divide between the haves and the have-nots. Continue reading

What If

Jonathan Askin, Professor at Brooklyn Law, characterizes the people of Occupy Wall Street as a 21st Century reincarnation of the What If Generation of the 1960’s Vietnam Protesters.  As Askin noted, instead of asking, “what if there was a war and nobody came” today’s protesters are asking such questions as “what if we had bailed out the homeowners.” Continue reading

Recoiling Against Ideas

Neal Gabler, in a New York Times article, claimed, “ideas just aren’t what they used to be.  Once upon a time, they could ignite fires of debate, stimulate other thoughts, incite revolutions and fundamentally change the ways we look at and think about the world.”  Grabler also argued that the cause of the reduction in the quality of ideas is that we are simply choking on the vast amount of information available to us. This may be so, but there is another way to think about this. Continue reading

Privatize Society

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.  Continue reading

Leading With Vision

A New York Times article, Lessons in Longevity From I.B.M., by Steve Lohr used IBM reaching the 100-year old mark to call attention to practices that contribute to an organization’s longevity.  A noteworthy point made is that past success can impede future success.  The article seems to suggest that all companies will lose their dominance and only a few will be able to survive beyond the dominance they once held.  Although this may be a common occurrence it should not be concluded that it is inevitable! Continue reading

Total Ecology Economics

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. Continue reading

A Viable Society Requires A Viable Citizenry

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 gains through much of their careers. In short, the American Dream was alive and well.” Continue reading