Power tends to Corrupt


Work is done by those who understand what they do not manage and dominated by those who manage what they do not understand.
-- Putt's Law



The American ethos is realistic about human corruptibility. The Constitution codifies a system of checks and balances based on the principle that unconstrained power tends to be abused. Puritan notions and the framers knowledge of history went into the separation of powers that is now considered to be integral to sound governance. Neglect of both the premises and the principle of constraint in corporate management has made business entities into hierarchies of self-serving ambition in an environment of intimidation and counterproductive, networked incompetence. Business has become the domain of an aristocracy. Nearly every working person contends with the resulting dysfunction on a daily basis. Working dangerously is to acknowledge the pervasiveness of bad management while trying to remain employed.

Turn the other cheek and read this blog for perspective. It's cheaper than a psychiatrist.


Saturday, July 30, 2011

The Sound and the Fury, Dignifying Nothing

A long, loud debate that produces a meaningful deal would be worth the pain, but a debate that produces next to nothing is worse for the nation than none at all. It simply calls investors’ attention to Washington gridlock. On July 14, Standard & Poor’s made that point when it placed U.S. sovereign debt on CreditWatch for possible downgrade, citing “rising risk of policy stalemate.” S&P said that “U.S. political debate is currently more focused on the need for medium-term fiscal consolidation than it has been for a decade. Based on this, we believe that an inability to reach an agreement now could indicate that an agreement will not be reached for several more years.”

http://www.msnbc.msn.com/id/43929476/ns/business-stocks_and_economy/
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