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Comment Re:Economic hubris (Score 1) 948

I would say that the key point of difference in our ideologies/worldviews (I don't buy your distinction) is that I think it is important and valid to act in the political arena in my interests and you evidently don't want to go there. I would remind you that the corporations in this industry had no such compunctions when they first proposed H1B - regardless of whether or not H1B was justified.

I haven't read any books recently about corporate execs. There was a time in my past when I read books about labor history, which puts a little different spin on the characters of some of these guys - but let's not even go there. I'll assume, for the sake of argument, that you're right about their charisma and values.

My point is it doesn't matter if you're the Antaean Rockefeller, Carnegie, Jobs - or Kennyboy Lay. Until his ponzi scheme collapsed, Lay rode just as high as these guys. And Wall Street didn't care that he was a crook. Or what about "Neutron Jack" Welch of GE? What were his accomplishments other than to keep his stock price high by ruthless outsourcing? And yet everyone fawned over his "charisma". I suppose there really are lots of people in the world who could have equalled those "accomplishments". And I'll bet even the Rockefellers did not earn salaries at the same multiplier to the average worker's salary as these guys. You want to be a master of the universe, there are some obligations this places on you.

Have you ever read "Yertle the Turtle"? I commend it to you, highly. I know of no better takedown of the cult of the CEO.

Do I complain when electronics are imported to tranparently drive down prices? I suppose not, but I don't rush to shop at Walmart either. I don't look down on grocery clerks or begrudge them their union scale jobs just so I can have my food a little cheaper as some geeks do.
If computers were more expensive, maybe I couldn't afford more than one. Wouldn't be the end of my world.

I recognize that whether or not this group or that group suffers from high unemployment can affect my well-being as well. And having high-perfoming stocks in my 401K will be faint consolation to me if I'm unable to contribute at my profession - until I'm ready to retire.

Somewhere in between Soviet planning and the current rush to enshrine the market as the only element of democracy worth saving lies the "plan" I was talking about. The Indian push for high tech is more than just the market at work. It is a plan, not in the Soviet all-encompassing sense, but a plan nonetheless, for where they want to take their country. I ask again, where's our plan? And if we Americans don't like it, we have the right to ask that it be changed.

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