Lest I beat a dead horse...but there’s a reason corporations like Bechtel, Halliburton and Exxon had people placed inside the White House. Corporate America is more Grifter than Capitalism.
I'm reminded of the time, around 1970, when Ed Koch was a congressman representing Manhattan's "Silk Stocking District." He described the Pentagon's procurement policies, with their cushy cost-plus contracts and other goodies to please the contractors and to spread the wealth to as many districts as possible, as "aerospace socialism."
There are highly competent thorough brilliant MBA's with technical expertise who would not make these ridiculous errors. They can do multi-variable calculus and physics to see that this design would not work. Don't slam a valuable education just because you probably don't have one. It is valuable. It does add value but alone it is singular like many other things, insufficient.
TC’s prescription seems a bit rough, but I share his disdain for what I call the “Harvard Business School” philosophy, which, among other things, seems to exalt short-term growth and profitability at the expense of long-term. (Hm. Both Harvard Law and Harvard B. S. seem to have become exemplars of ethics-free professional education. Just sayin’.) When non-profits start worrying about “ROI” (as I’ve personally observed), something’s wrong. 🤔😉😊
My big take from that book was the insight that meritocracies [can] incentivize cheating. The greater the difference between #1 and #2, the greater the incentive. 🤔😉😊
Lest I beat a dead horse...but there’s a reason corporations like Bechtel, Halliburton and Exxon had people placed inside the White House. Corporate America is more Grifter than Capitalism.
It’s more corporate socialism.
Fascism. It’s fascism.
I'm reminded of the time, around 1970, when Ed Koch was a congressman representing Manhattan's "Silk Stocking District." He described the Pentagon's procurement policies, with their cushy cost-plus contracts and other goodies to please the contractors and to spread the wealth to as many districts as possible, as "aerospace socialism."
There are highly competent thorough brilliant MBA's with technical expertise who would not make these ridiculous errors. They can do multi-variable calculus and physics to see that this design would not work. Don't slam a valuable education just because you probably don't have one. It is valuable. It does add value but alone it is singular like many other things, insufficient.
TC’s prescription seems a bit rough, but I share his disdain for what I call the “Harvard Business School” philosophy, which, among other things, seems to exalt short-term growth and profitability at the expense of long-term. (Hm. Both Harvard Law and Harvard B. S. seem to have become exemplars of ethics-free professional education. Just sayin’.) When non-profits start worrying about “ROI” (as I’ve personally observed), something’s wrong. 🤔😉😊
PS, The almost $2T of this program resonates somewhat with the cost of the COVID relief bill, doesn’t it? 🤔😉😊
My big take from that book was the insight that meritocracies [can] incentivize cheating. The greater the difference between #1 and #2, the greater the incentive. 🤔😉😊