From: Stan Halpin

On Dec 22, 2011, at 12:34 PM, Tom C wrote:

Now, they're even trying to outsource writing software. At the moment,  the 
problem is that few of the Asian programmers have the necessary
mindset to write code well. Then there is the disconnect from managing projects 
with teams 8-12 timezones apart.  Eventually, the software culture
will develop in Asia while fewer and fewer American kids learn how to program, 
and we'll be left wondering how to support ourselves, with nobody left
qualified to design or manufacture anything in this country.

In the meantime, we can get stuff cheap at Wal-Mart.

--
Larry Colen [email protected] sent from i4est
. . .
Communism collapsed under the weight of it's own inefficiency and lack
of moral legitimacy. It's leaders acquired and maintained power and
wealth through fear, and control.

Capitalism appears to be imploding because it's leaders (business and
political) are more interested in acquiring and maintaining power and
wealth for themselves than in seeing to it that the average person has
the means to make a decent living and provide for their families. It's
quickly losing it's moral legitimacy as well. When capitalism finally
devours the citizens it's built upon, it will be dead.

Put another way, when inflated self-interest turns into blatant
disinterest in the welfare of others the system becomes strained, and
historically breaks.
Amen brother! I teach an online class on Leadership which includes a segment on ethics. 
Always interesting discussions, across the board on profit vs service. Any organization 
has many stakeholders including the "owners" (shareholders), The Board (which 
is supposed to represent shareholder interests but often doesn't), management (which 
often overlaps with The Board), workers, sub-contractors and suppliers,  and the user or 
beneficiary of the product/service. There is also the community where the work is 
accomplished, the country where the organization is located. Trying to figure out how to 
reconcile the demands of so many parties seems beyond many corporate leaders, and they 
fall back on Profit as the overriding mantra. I have nothing against profit, I think 
profit is a good thing. I think the problems come when people strive to Maximize profit 
rather than going for a reasonable profit level while at the same time working on other 
stakeholder needs. I was heartened to re
ad about the resignation of the AA head recently after they filed for 
bankruptcy:
http://www.nytimes.com/2011/12/01/opinion/at-american-airlines-a-departing-ceos-moral-stand.html?_r=1&scp=4&sq=gerald%20arpey&st=cse

stan

I dunno. If you want to sell automobiles, the workers' wages have to be high enough that they can afford to buy them. If Henry Ford could figure that out, why can't Wall Street?

“Where people work longest and with least leisure, they buy the fewest goods. No towns were so poor as those of England where the people, from children up, worked fifteen and sixteen hours a day. They were poor because these overworked people soon wore out -- they became less and less valuable as workers. Therefore, they earned less and less and could buy less and less.”
― Henry Ford


“There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.”
― Henry Ford

“The highest use of capital is not to make more money, but to make money do more for the betterment of life.”
― Henry Ford


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