Received: by alpheratz.cpm.aca.mmu.ac.uk id OAA02432 (8.6.9/5.3[ref pg@gmsl.co.uk] for cpm.aca.mmu.ac.uk from fmb-majordomo@mmu.ac.uk); Sat, 9 Feb 2002 14:38:10 GMT From: "Lawrence DeBivort" <debivort@umd5.umd.edu> To: <memetics@mmu.ac.uk> Subject: RE: ply to Grant: corporate behavior Date: Sat, 9 Feb 2002 09:07:40 -0500 Message-ID: <NEBBKOADILIOKGDJLPMAOENACKAA.debivort@umd5.umd.edu> Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit X-Priority: 3 (Normal) X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook IMO, Build 9.0.2416 (9.0.2910.0) X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2919.6600 Importance: Normal In-Reply-To: <3.0.1.32.20020209205059.006c1688@pophost.nor.com.au> Sender: fmb-majordomo@mmu.ac.uk Precedence: bulk Reply-To: memetics@mmu.ac.uk
Grant:
> >That's my rant for the day. Again, I'm sorry I took your statement as a
> >political position rather than a broader viewpoint. It's probably an
> >outgrowth of my arguements with the anti-globalism crowd who keep using
> >Marxist arguements to support their positions. They're still
> fighting the
> >management-labor wars in a world where labor is rapidly becoming
> management
> >through stock options and retirement plans based on stock ownership.
And even management is no longer 'management': we see, at least in US
corporations more and more of a tendency for managers and executives to see
the company as a thing they can loot, through huge 'compensation' packages,
financial dealings, M&As, golden parachutes, etc. Enron is only the latest
company to break into the news on this, but there are I would estimate tens
of thousands of companies, including small ones, where this is the
prevailing attitude and practice. How has this come about? Business schools,
a me-first cultural attitude, venal collusion between executives and Boards,
lax law enforcement built on a general contempt for governmental
responsibilities...
I share your concern -- and anger -- Grant. Maybe we need a memetic analysis
of how this has emerged.
And perhaps our non-US colleagues can comment on whether this seems to be a
US phenomenon only?
Lawrence
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