From: Lee Corbin (lcorbin@tsoft.com)
Date: Sat Aug 09 2003 - 16:11:24 MDT
Mitch writes
> Well, the Fortune 500 send their buddies, lobbyists to
> DC to get their way with this economy. Now its back-
> firing and according to an article in the Wall Street
> Journal...
Well, who knows for sure what the reality is? I have
an open mind, but work for a *very* small company
under a pure and very smart little entrepreneur. My
view may be unconsciously biased.
Earlier Mitch wrote
> Actually, this is the new hatred of a pampered
> class-driven bunch of people who, appear to have
> NO entrepreneurial acumen.
What makes you feel it likely that you are speaking
for the typical American boss? That is not a rhetorical
question, I just want to know (you could be right). My
own take is/was that we should expect ordinary free-market
competition to be working unless we have evidence to the
contrary.
> They achieved their places in corporations, by knowing
> the right people.
Well, so did J. P. Morgan (got started in business by
his father) while an even more silver-spooned contemporary
lost the family fortune because he did not have business
talents. The key is whether the American entrepreneur
and business leader still has what it takes. If not,
how do you explain the failure of competition and Darwin?
> Its not as if businessmen and women who have started
> successful companies, themselves have achieved their
> place on the boards of directors, and are now guiding
> companies. Rather, they are suck-ups, who, with no
> sense of responsibility to their stockholders, let
> alone, society at large, are guiding their corporations,
> right onto the iceberg.
SO HOW DO YOU EXPLAIN THIS?? HOW COULD THIS HAPPEN?
;-) Sorry, but if Rafal can get emotional then anyone can LOL.
Lee
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