That's the extent of what I've witnessed in my life in business, but certainly there were other failures of capitalism before that and after That GreatOne. And I have seen lists that show that the trend is similar from after the American Civil War through to then.
Now, I'm not a CentralControl person, for we have proved that we don't have the algorithms for that either, but what is it about capitalism that it gets revered? when most of us are only a few generations from being out of the freaking mines? Maybe because it accommodates more GreedyBastardsTM per capital suck, and more variations on GreedyBastardTechnologyTM.
It doesn't work!!! It needs to get bailed out!!!! Often!!!!
Admit to the need and build the bail-outs into the system, or neuter the greedy bastards who continuously make it go wrong, or declare the greedy bastard of the year as winner, reset the capital clock and start a new game so we don't have to let it get out of hand and destroy people future and daily lives.
</rant> Never underestimate their intelligence, always underestimate their knowledge.
Frank Delaney ~ Ireland
I'm 32 and I remember Black Tuesday very well. "The womb that spawned that thing is fertile yet"
But it is a pity if people are only influenced by their work experience. It would mean a total inability to learn from history, for a start. Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi