View from the Mount

View from the Mount
Sober Thought Provoking Archive Essays by SARTRE from BREAKING ALL THE RULES

Friday, March 21, 2014

Corporate Business has little to do with commerce

As the era where "it's nobody's business but my own" unwinds, the price that is being paid is a melt down in the equity markets. Well, it is about time! Is there any serious person that is surprised with this outcome? It's long overdue and the cries for reform will only give cover to more crazed regulation. The lesson is really a simple one. You don't reform a system that has evolved into a contradiction of free enterprise. The practices of many corporate executives have more in common with snake oil barkers than inventive innovators. 

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