[lbo-talk] Imperial Decline, the HP Way

[Dennis Redmond]

An exemplary study of how US elite incoherence is wrecking companies
from within:

http://www.businessweek.com/management/how-hewlettpackard-lost-the-hp-way-09232011.html?campaign_id=rss_topStories

Interesting, because it shows how the neoliberal faction (cut R&D and
loot the company to pump up the stock) didn't have complete control of
the board of directors, but got its way because there was no
counterforce or competing long-term vision (no visionary founder,
strong unions, or Central Europe's codetermination model) . Same thing
seems to have happened to the entire US economy over the past 35
years.

-- DRR