On this week's episode of Economic Update, Prof. Wolff provides updates on people forming coops in Detroit and Fridley, Minn; VW's guilty plea and Cuomo's fake numbers; real reason for repeal of Obamacare; highest paid execs in US. Interview with Dr. Kimberly Westcott on the history, economics, and social costs of the US prison system.
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But here is what you really wrote to me: Charlie writes things I don’t like but since I don’t have the cognitive capacity to engage I’ll just attack him personally.
Get bent kid!
Claims to be a professor of business this oversight seems inexcusable.
I never had to buy or rent a facility to sell pot. I never had to manage employees and I certainly didn’t have to pay attention to political trends around the world, as owners and operators of large businesses must.
I invite you to spend some time in poor schools here in the USA. Ask senoirs about to graduate basic questions about the world they inhabit. The experience is likely to convert you to my view.
And viva Montaigne!!!
The world over, throughout history, even your personal experience as a pot dealer, illustrate that your assumption is wrong. You value education and believe that will improve these people’s lives, cool. Anyone, indeed everyone, can manage a business.
Workers, even those in the communities you served, are not as stupid or as ill equipped as you as portray them. Workers can manage their own businesses, and to assume they cannot is part of the lies neoliberals like to feed us — the Myth of the Entrepreneur. Nonsense, anyone, any group of people, can build and do build complex business organizations. In my own research I look at how the Internet is enabling such democratic processes within organizations and in the markets.
What do you do all day? Laugh at the idiots who pay your salary?
I’m happy to read any elaboration you care to provide. Your arguing that dealing heroine on a corner is the same as running a medium or large business because neither requires any education whatsoever.
I already discussed how the dealer or street vendor DOES receive an education taylored to their individual markets.
I should be clear: when I talk about education I don’t mean getting an MBA. I’m talking about having knowledge of the world and developing critical thinking skills—two things any decent education will attempt to undertake.
Why do you believe these things are analogous?
Among these markets and were “educated”
In their mechanisms.
They are still educated and still require education; it just isn’t the kind of formal schooling we are used to in the USA.
You are talking about an individual selling fish or heroine, not about larger business models that produce mass quantities of goods. To sit on a street corner and sell fish or heroine I agree that no formal education is required.
But why do you think those are analogous to running much larger, more sophisticated businesses?
Professor Woolf isn’t talking about people selling fish on the corner. He’s talking about having people run snall, medium or even large business enterprises.
Produce the results they do. Having said that let me add that ignorance about the world cuts across
Sociological barriers, and countless kids in “good” schools also know next to nothing about the world. Our culture today is rabidly anti-intellectual.
As for your other questions I think a well-educated people have a better chance at making anything function well: a business or a political system.
It seems to make sense that as productivity goes up wages should increase as well. But
Perhaps wage increases should be tied to company profits.
Thought for food.
Do you think a well educated population can successfully manage a business? Do you believe that as productivity goes up worker’s earning should also go up?
When I hear people say that workers should manage businesses I fail to see how that will work given the lack of education among our citizenry.
How can very poorly educated people successfully manage a business?
I look forward to reading responses.