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Most of these cited failures have no root in Ayn Rand ideology whatsoever. Selling rolexes at Sears is not a smart free market idea. Not sure the details of ho
by holograham 13y ago
Most of these cited failures have no root in Ayn Rand ideology whatsoever. Selling rolexes at Sears is not a smart free market idea.
Not sure the details of how he "pitted" company managers against each other but he perhaps did do an experiment in human organization theory that failed.
Free market ideology is not about pitting one manager against another...it is about measuring how much value the market (consumers) get from a given manager.
It sounds like this guy was anything but a free market advocate. Manipulating stock prices through accounting gimmicks is NOT the basis of a free market enterprise. The free market enterprise is always valued against how much wealth the market willingly agrees to part with in exchange for even greater value.
- deleted 13y ago[deleted]