[lbo-talk] capitalism is boring........

Michael Dawson mdawson at pdx.edu
Sun May 1 11:53:08 PDT 2005


Isn't this mainly because upper corporate management is the money cops? They are there to enforce capitalism, not to do productive work. Veblen called it "sabotage."


> -----Original Message-----
> From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
> On Behalf Of joanna
> Sent: Sunday, May 01, 2005 11:49 AM
> To: lbo-talk at lbo-talk.org
> Subject: Re: [lbo-talk] capitalism is boring........
>
>
>
> Miles Jackson wrote:
>
> >
> > I've done a bit of statistical consulting and had some meetings with
> > upper management in both corporations and universities. From what I
> > can see, they don't do the intellectually stimulating work; it's done
> > by the people below them in the bureaucratic hierarchy. Yeah,
> > they have a vision, blah blah, but the day to day creative,
> > intellectual work is done elsewhere. --In modern organizations,
> > the "intellectual deskilling" isn't the characteristic of the
> > lower level workers; it's the characteristic of upper management.
>
> I would agree absolutely from my experience in hi tech. The problem is,
> you can't be creative without content. And the only people who handle
> content are the grunts and ...maybe...the first layer of management.
> Above that, it's pretty much all wanking and bean counting -- the ill
> effects of which, grunts have to be very creative about undoing.
>
> Joanna
>
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