Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
There's no shortage of land.

All you need is a whole bunch of money.

Of course the poor ain't got no money .... but there's no helping some people.


I prefer the term "predatory capitalism," I find it more descriptive.  And in a broad sense every economic system is "capitalism" as every economic systems needs to defer immediate gratification and invest for the future.  

Which leads to the odd fact predatory capitalism devalues the future.  The most advanced (sic) capitalist nation - the US - has a creaky, falling apart, infrastucture.  Jane Jacobs noted, in one of her books, a city works better the more storefront space there is along the streets.  Yet in most US cities the street spaces are minimized to maximize near-term rents.  Modern corporations, the poster boy for Taylor's ideas, are notorious for seeking the immediate.  

Another odd fact is the take-over of supposedly non-profitable factories by the workers succeeds more often than it fails.  It seems without the cash draw of absentee owners and the dumping of the "professional" management things go along much better.  

These are odd only because they go against Modern and Approved Management Techniques© as taught in all the chic business schools.

And who am I to argue with a Harvard?

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Fri Jul 6th, 2007 at 06:30:44 PM EST
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