On Jun 2, 3:24 pm, ornamentalmind <[email protected]> wrote: > http://www.youtube.com/watch?v=u6XAPnuFjJc&feature=channel > > So much for capitalism!
Capitalism is very much a provider in this situation. Only with sufficient profits can a company fund such an endeavor until it starts producing a return. Management may be magnanimous but the CEOs and Board Members, sole ownerships and modified partnerships have to be profit motivated. I think all this trend -- and hopefully the principles symbolized in the video are a trend -- will lead to perhaps such a thing as a moral profit. Nor don't see this perspective on motivation as a new discovery. Some companies knew the benefits of less money and more creativity a long time ago. It's quite possible that IBM -- which is the company where I first saw it in action -- may have been among the first to put it into action. I had occasion to both work for IBM in the capacity of a contracted employee doing drone work and at another unconnected time roommated with two IBM software engineers. IBM builds many of it's plants -- especially when they are think tanks -- in small communities and encourages its employees to socialize together. They also gave their employees broad latitude to work on their own ideas which, of course, IBM owns should they become successful. Obviously a number of them have so become. >From what I hear and read, Google's another as is Apple. There are quite a number of them and not surprisingly I think most are in other developed nations. We're more or less laggards in this arena. What boggles me is the huge number of companies less successful than they might be and yet ignoring the principles and dynamics of more successful companies. It's like saying, here's a more productive and satisfying means of making greater profits and have a happy, loyal, dependable cadre of employees and a response that is a sub-order of magnitude of duh, gimme da monkey wrench dude. There has always been a higher self in each of us that is not lured by money as much as it is by progress, achievement and the resulting personal satisfaction. It's like being blessed. And now we have the chance to truly achieve that state of mind. Most of the grunt work, the suffocation of doing the same boring task day and day out till you can retire type of work, is now -- and has been for some time -- migrating to emerging economies that are not unionized and can do that sort of work better and cheaper. This is not going to suffocate the U.S. economy nor that of any other developed nation. In fact, I believe the opposite will happen. The migration of grunt jobs to other nations will usher in a period of creative destruction (or destructive creation, your choice) where we will have no choice but to mature our educational system to produce more creative thinkers than grunts. Some might say the unions destroyed manufacturing in America and within the parameters of blame they deserve a part, but to a greater sense I see it as a maturing of our economy and hopefully our society. Sophistication if nothing else will drive us there eventually but it's nice to see some who have started on their own. Insightful presentation, Orn. Nice find.
