Dear Andrei and all of you asking what is really bothering me

Dear andrei and all of you asking what is REAlY bothering me and if profit as a goal is wrong what is the alternative

The answer is another blog or a whole book

Bottom line:

Marx was right in diagnosis. Wrong in the prescription

Capitalism leads to destructive disintegration

Socialism to debilitating paralysis

As churchil said: capitalism is unequal distribution of wealth ;socialism equal distribution of poverty

The answer is not in either or but in integration of the best of both:

Capitalism in market place socialism inside companies ( to be elaborated in a book when i have time to write)


As to what should be the goal of management if not profits?


Profit should be a constraing goal

A company should have no less than x to have for future growth to attract capital

The deterministic goal is to have a healthy well aligned company


What does it mean to be a healthy system? it

Means to be both effective and efficientnin short and long time which means all PAEI roles performed and capi in place which means all components comprising the company have shared interests


Since this is utopian to expect we need a culture of MT and R

( another book to be written)

When?

I should live long enough


Best to all

Just thinking

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Published on September 14, 2014 04:34
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