4 ms·
Kind of like what's been happening with housing in the places with jobs. It's too bad there isn't some sort of system where we could all have a voice to regulat
by pnutjam 6y ago
Kind of like what's been happening with housing in the places with jobs. It's too bad there isn't some sort of system where we could all have a voice to regulate these sort of things. Kind of like the US had before the Managementism replaced Capitalism and Corprotocrocy replaced deomocracy.
- jacobr1 6y agoWhat would you describe as the key differences between Managementism and Capitalism?
- pnutjam 6y agosimple, capitalism is where things are run by owners of capital. Managementism is where the managers of companies run things because ownership has been diluted and ignored. This idea is from a book by Frederick Lewis Allen. "The Big Change", published 1952. http://gutenberg.net.au/ebooks05/0500881h.html http://gutenberg.net.au/ebooks05/0500881h.html " With potential opposition melting away through the sales exit, the management is very much in the saddle--and in most of these larger companies it is virtually self-perpetuating. How else could things be run in, let us say, the American Telephone Company, which has over a million shareholders, no one of whom owns more than one-tenth of one per cent of the stock? Looking at this segment of American business, we would almost find it appropriate to call our present economic system "managementism" rather than "capitalism." "
- CincinnatiMan 6y agoWhat sort of regulation would you propose to handle credential inflation?
- pnutjam 6y agoWe're talking about cost overruns.