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Steve Wozniak and corporate greed...
by paxterminus
+2 Reply

The fundamental principle of the free market paradigm is that people do thing out of desire to do good and the market rewards them with lods of cash, if htier actons indeed help to move the menkind in the right direction.

It is a critically important to notice, that this "private enterprise" mentality is a complete opposite of the "public corporation" mentality.

A private enterprenuer acts with a desire to achieve a specific non-monetary goal: make a personal computer, invet a laser, create a great sport's car. Money in such cases is an afterthought: a reward for job well done, not the goal on its own.

In a corporate settings the greed is a driving, and utterly destructive force. It is all about money for selected few, not about the product or the company. CEOs and boards have locust mentality, they feed, destroy and move on.

I worked in both mega-corporate and private enterprise settings as a consultant: private companies are much more constructive and productive for a simple reason: they have an owner and owners tend to look after their creations. The ethical standards are higher, the employees are treated better and there is a will to sacrifice a little bit of pure profit for increased quality and increased pride in one's actions.

A corporate setting is a pure communism: nobody owns anything, ergo nobody cares for anything but themselves. Please note, that communism did not fail because it was "evil". For an average lower 50% of the society person life under communism was actually much better than in any free market economy, yes including USA.

What killed it is what kills public corporations: lack of accountability, private interests over comon good and complete destruction of innovative spirit. I have seen more than once in my life in mega-corp innovation being killed for the extra fistfull of bucks for a manager who was on his/hers way up and out. I have seen projects with a potential to make millions and improve the quality fo our life being destroyed for personal political interests of a few locust bugs.

Nothing like that ever happened in a private company. Over there if there is a way to make things better for the company and the world, the path will be usually taken, becaus epeople running the company consider their business an extension of their person, their feel personal pride and personal sense of acomplishment, if things are better for the company.

Of course it is not everybody, as the morality of the company strictly reflects the morality of the owner.

Mega-corporations are like cancer - a tissue out of control, that eventually kils the body to feed itself.

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