in the first half
of the 19th century
the effort was made
to confuse
capitalists
with their managers
in the later half of the 20th
the attempt was made
to confuse managers
with their capitalists
theres simple errors
underway bothwise
a very simple maxim
clears the fuddle
"all caps ain't rentiers"
==========================
take todays
wall street
publically stock traded
'corporations
they have what i call
ceo entrepreneurship
going for them
these inside caps often
sprang from the bowels
of lower
management
self made men in that sense at least
and
still even now at the top
they wear the proper
management
badges
not founders or control swinging stakeholders
but because autocrat norms reign in corporate cultures
they run things
their way anyway
besides its
safer to some degree
inside
their cloak of invisibility
just plain old top management
not their real self
raw profit sucking insider caps
so what if
you're a
" board appointed
stockholder elected "
ceo
all the better
when you want
a license to trap
a helluva slug of
profits be4
they
flow out to
the ass hole innocent
peapod sized
rentiers
its all
really quite simple
and yet
muddle dee fuddle abounds
as it does
on a related issue
soviet type
state enterprise
managers
as" a new klass "
peculiar
to soviet type societies
=====================
here's a recent expulsion
by a founder of
this brand of fuddlement
a defacto social-democrat
timely kold warrior
ie
like sartre
he was soviet menace
freaked
during the crucial 46-50 period
in his case longer then JP's
from say 48-56
and then came
his" prominence"
in the late 50's early 60's
for starters he was
an " Operation New Deal "
functionary
who turned
POST WAR hackademic
yes indeed
this rangey beaut
made a big name
for himself first in the ike fifties
as a popularizing social theorist
his shtick
a" checks and balances '
update
he called
countervailing powers
the systemic trinity
of
big corps big gov
and big unions
that keeps us moving forward
with roughly constant social shares
the social dumbo dream scape
constant profit rates
rising wages at the rate of productivity
constant cap output value ratios etc etc etc
his catch line
the trinity
by back and forth grapples
keeps the deal on track
see me else where on
how this biz trend
went way way off rails
in the 70's
but
then
in the camelot 60's
he came up with
a raison d'eter
for co-existence
to wit
the soviet enterprises
and the wall street enterprises
were converging
on a common
de facto system
based on the iron realities
of the three bigs
that existed more or less
on both sides of the curtain
he was a ventilate the reds kold war defroster
promising after further melting
soviet managers
would look ever more
like ohio plant managers
the final universal mongrel
mixed economy
a market/plan hybred
all we earth plantarians
would soon share
whether
we wanted to
or not
again
a super social dumbo theory
like the other
right?
and
now vanished
like the other
because
well
neither the soviets nor
wall street
after 1969
converge
wall street
moved
instead
back towards
marketeering" freedom "
and the soviets
they just
stagnated
till gorby
got em so jazzed up
over neat new forms
the fucking gig
collapsed completely
---------------------------------------
here he is today
easily over 100 by now
but still inking the rolling phrases...
" None will doubt
that the modern corporation
is a dominant force
in the present-day economy"
< good start though 'the" dominant reads
closer to the literal truth >
" Once in the US
there were capitalists
Steel
by Carnegie
oil
by Rockefeller
tobacco
by Duke
railroads
variously and
often incompetently
controlled
by the moneyed few "
< whoops where we headed ?>
"In its market position
and
political influence
modern corporate management
unlike the capitalist
has public acceptance "
< oh no robber barrons vs what ?
how is bill gates not like the original rocky?
and you say he's accepted?
sam walton on unions
accepted?
by who?
this is what happens
if you stop comprehending
trends
say twenty five years ago
out of a generous spirit
i'll conceed
50's corporate america
maybe kinda
had a non robber barron aspect
in the publix mind
you know
the myth of org -man and all
be4
max weber lite
hit hard enough
to require a big course correction
we now call
the reagan rev...>
" A dominant role
in the military establishment
in public finance
and
in the environment
is assumed "
< okay " assumed"
but who says "accepted"
wheres the countervailing powers
there to enforce other perspectives?
now the unions and gov
you ordained to counterval
the profit chiefs
shit why not say it
your theory is dead
now the gov and unions
are
in the latter case
dwarfed
and on the former
overrun by profiteer boarding parties>
" the corporate power
has shaped the public purpose
to its own needs "
< ok "needs" being profit max right?
no "needs" meaning
crass nasty war like hells a popin'>
" It ordains that social success
is
more automobiles
more television sets
and in general
just a greater volume
of all other consumer
goods "
< now we get some rotten flesh on the bones
can you feel the superior self displayed here
in the mention of "consumer goods "
well I do Homer
this is crass struggle
anti -booboise shit
"my priorities are the right priorities"
ivy league snooty dog drop
" oh please Homer
not another color tv
why your daughter needs
a college degree first
you numb-skull "
but isn't
the great man's mind
wondering free of
causation
here ?
what the fuck
gets the corporational managers
to want to " ordain"
" social success"
the way they do?
products for sale at a profit
right?
well is it commercialism to blame
or
could and would
a non big player dominated market
act better provide better
less is more
if more is less
or is it homer sovereignty
itself that needs blaming
maybe no dominance
is actually whats wrong
maybe we
need more dominence
of the right sort of couse
oh say
harvard university types
leading the magic goodness structurings
a self purpetuating panel of
highly degreed
notables and experts
where profit considerations
play
even less of a roll
then above ground pools
" HO HO NPO
HO HO NPO
HO HO NPO "
or jefersonian style
socialism
a divergence theory
late in life
LETS GO AGIN PROFIT
totallyand markets too
shit coomodities be damned
lets
plan plan plan
and to make it freedom full
in deciding
what gets to be
made
lets all vote on it
or if thats cumbersome
we have
" market overseers"
expeditors and retarders
a phalanx
of
like
"new new deal" type
pointy headed
belt way
Washocrats ....
blah blah blah blah
sky hooks to heaven >
" Negative social
effects
pollution
destruction of the landscape
the unprotected health of the citizenry
the threat of military action
and death
do not count as such."
"The corporate appropriation
of public initiative
and
authority
is unpleasantly visible
in its effect on the
environment
and dangerous
as regards military
and
foreign policy"
< here wee get a voltaire like
suavity
how self assured
how supple
how stupidly impervious
to real self questioning
ass hole we all know what we got
howed we get it ?
to know what drove us here
tells us what to blow away
or are we in concert here
and you're calling
for corporate abolition >
" Wars are a major threat
to civilised existence "
< what prattle!>
" a corporate commitment
to weapons procurement
and
use
nurtures this threat
It accords
legitimacy
and even heroic virtue
to devastation and
death "
< please what wilsonian sanctimony
pure air balls >
"Power
in the modern great corporation
belongs to the management
The board of directors
is an amiable entity
meeting with self-approval
but fully subordinate
to the real power of the managers "
< heres why i posted this
see the words trip up the dope
inside caps v outside caps
control caps v non control caps
management with out stock effective control
can do what tha long run cjhanges things
sam and bill
and warren
how are they diff?
what about carl Icahn in the wings ?>
" The relationship
resembles
that of an honorary degree recipient
to a member of
a university faculty."
< here we see the asses full bray
he can relate to a collge
its just he can't comprehend a big corporation
just let a bunch of insiders
disregard
the stockholders
and see the outcome
the tax collectors and creditors
are the only worthy analogues here
and the passive rentiers can be kept happy
of course
and by a good run of profit expansion
theres plenty availible for inside grabs
shit bug brain
thats what accounting is for>
"The myths of investor authority
the ritual meetings of directors
and
the annual stockholder meeting
persist"
< thats it state a fabrication as a pervasive fact>
" no mentally viable observer
of the modern corporation
can escape the reality
Corporate power
lies with management"
< you already said this
but the question is not
if power has been
effectively and fully
conferred
but whether it can be withdrawn
or lost >
" a bureaucracy
in control of its task
and
its compensation"
< yes thats what effective control means
but forget about it
not being
exactly like
good old fashion
inside profit grabs
of the guilded age
railroads were then
as most big corporations again become
after the reagan rev
operating motto
screw the little rentier freaks>
" Rewards can verge on larceny"
< brother thats the game >
" On frequent recent occasions
it has been referred to as
the corporate scandal"
< this is revolting
indirection understatement
where fury is required
after all
in the great voltaire's
words
the cry must be
ecrasez l'enfame
not
notice their doo doo >
"As the corporate interest
moves to power
in what was the public sector
it serves
the corporate interest "
< oh so there are those who don't
serve their own interests
once in power ?
who?
college profs
pastors and pro bono lawyers?
you can be better then this
at least at once you talked of countervailing interests
but now that the other two playes are flat out..
you calkl for what individuals of disinterested
desires to serve the people
as if there are enough of those who enter a government office after
sitting in platos throne of forgetfulness
purging their past life
before entiring their new life>
"although this is a normal
and expected
use of money
and
its power
the full effect
is disguised
by almost all
conventional expression "
< influence by corporations
is completely understood
by most folks
but whos their alternative
choice?
who vcan field a challenger
with the power
and
the money that power
comes from
most people just hope
by vote juggling
to get
the two party halfs of the biz
world
to check each others excesses
sure sure sure
we all know
the corporate 5th column
in washington
is also the first second third and forth columns too
but what will get em to behave themselves
if no force exist outside their control
besides the fucking
portfolioed foundations
whether
secular or sacred>
"Given its authority
in the modern corporation
it was
natural that management
would extend its role
to politics
and to government"
, heres the natural thing again
ok then why don't you say i was wrong there can be no countervailing corporations under capitalism
they will run over every other interest
its a struggle to the finish
other interests can not co-exist with
the big corporations
they can not reliably tame them or even
guide them
its strictly a battle to the finish
civilized only in that
the very motor of civilization
is
this very struggle
this klass clash>
" Once there was
the public reach of capitalism
now it is that of corporate management'
< se the muddle fuddle again
after all what in hell diff is he making here>
"In the US
corporate managers
are in close
alliance with the president
the vice-president
and the secretary of defence "
, as opposed to close alliance with what
the teachers union ?
shit these guys are corporate america not in league with it >
" Major corporate figures
are also
in senior positions
elsewhere
in the federal government
one came
from the bankrupt
and thieving Enron
to preside over the army "
< again snide pseudo suave enfeeblement
mild out of a sense that to keep his kool
is a victory of sorts
no ass hole
attack attack attack
in all directions
and you set anexample
come out of the ivy
like cyhalmers johnson has
cut fucking loose
say i was deadbwrong the corporations must be erases
their infamy is un reformable
ersae them now
give us an inspiration
a head on
blood gorged
eye-ball popping
raging charge >
p.s.
he also writes
" there has also been
recognised corporate control
of the Treasury "
< amen brother amen>
------------------------------------------
Posted by pinky at June 21, 2004 03:26 AM
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