Our current economic business model regarding Transnational Corporations is a pathetic excuse for a sound profitable growth model.
I know a lot think of Milton Friedman as a contemporary Keynes or Smith, but I certainly do not. And very few normal average working Joe's seem to be able to figure out why when they work so hard, they keep making less and less.
And this is why I call this business model pathetic; it's boom or bust, it's unsustainable; it's fatal in many cases and it is bias in the extreme.
It functions in constant system sliming and cuts and unnecessary expenditures in the name of profitability. That's partially true, but the profits are not saved by the corporation alone; they become adjunct bonuses in the form of dividends or golden parachutes at the expense of the very ones who made it profitable.
It - this model - simply refuses to evolve from that little box it was born from and in which it lives - or perhaps it shares a rutted grave next to Mr. Friedman.
It is the model of choice for Transnational Corporations these days, nonetheless. And it is but the beginning of what many are now coming to understand as Globalization.
This Globalization is but another word for Dictatorship wherein banking cartels will own, monitor and administer your rights, your monies, and your station in life.
Our Globalization is in exponential growth mode due in large part to the computing industries. But, our evolution in business practices are not keeping pace – we hold and embrace a mutant capitalism which will surely continue to transfer wealth of the working man to the idle elite. And that means it's getting very dangerously impossible for middle-class start-ups, employees, existing small business and those who pursue the American Dream.
I’d like to impart a tad of ancient wisdom I was taught in the business world; one that this ‘mutant’ form of capitalism seems to have misplaced or forgotten.
‘Build a better Mousetrap and the world will beat a path to your door’ But instead of creating, building and maintaining economies of harmony and growth, we exploit resources and specifically the one resource we can’t live without; ourselves. It may be short-term profitable for the Wall-Streeters, but is it sustainable? Of course not!
As such, it is time to rethink our respective business models and act accordingly to amputate these diseased mutant derivations. A return to regulated government and business in concert with the harmony of natural growth and natural adaptation within a finite structure is wholly in order. And it is coming.
I firmly believe if you run an economy - be micro or macro - based on diseased models such as Wall Street secret deals and government supported criminals, bailouts for cronies, and fees/fines for the working man, you will run it into the ground and then move on to something else. That doesn't make you a transnational businessman; it makes you a virus to society.
Just my opinion, guys and gals.