Kodak CEO Antonio M. Perez puts himself first

Kodak is an example of why capitalisim works, poorly managed by greed and stupid upper management it goes the way of the Dido. All the products that Kodak made (or makes) are being made by better ran companies. This is good for the consumer who ends up with a better product at less cost. Rather than prop up a failing company like Chrysler or GM with tax payer's money for a few votes Kodak will go in the history books of how not to run a company.

Does any school teach econ 101 anymore?

You can see by reading this thread that Socialism 101 has replaced Econ 101...
 
You can see by reading this thread that Socialism 101 has replaced Econ 101...

Al, not sure if you are being sarcastic. I have not seen any socialist ideas expressed in this thread. None. Not even this old commie has spouted one socialist idea in any of his posts. To the contrary, most everyone has been talking what used to pass as common business sense a few decades ago. Those of us who speak that language are the true conservatives.

And while I am sure you can track down some school, somewhere, which teaches a course in socialist theory, you must have been away from academe for a long time if you think Marxist economic ideas are any more a common currency. Not far from my house lives the Wharton school's "fortress o' capitalism", a big ugly Bauhaus turret, and a few blocks further is the spanking new Drexel business school, and their new center for entrepreneurial studies (I think that's what they call it) is being planned.

It has been funny to see Karl Marx dug up and dusted off recently. He did predict very long ago that capitalism would eat itself alive. I guess some of the mainstream new pundits are old enough to remember when there WAS a Socialism 101!

Happy Thanksgiving, hope everyone is safe and warm today (in Canada and Europe, too!)

Randy
 
You can see by reading this thread that Socialism 101 has replaced Econ 101...
A very great deal of economics is a system of gross oversimplifications concocted by well-paid economists to justify the positions of their paymasters. At '101' level (which I take to be American for 'so simple anyone can understand it'), it is even more over-simplified.

Socialism? Well, that's evolved. In Britain, Labour's historic Clause IV, advocating public ownership of the means of production, was dumped to widespread applause in 1994. Capitalism has merely retrenched.

Anyone who has ever paid any attention to either politics or economics will see that in the long term the most successful economies have always been mixed: capitalist, with regulation to curb the worst excesses of capitalism. The argument is over the extent to which those excesses need to be curbed: no sane person pretends that there is no need for government interference in e.g. child labour or gross pollution (remember the Love Canal?) Or for that matter, the cadmium which was why Kodak finally dumped Super-XX. After all, what are a few birth defects and cancers compared with being able to buy your favourite film?

Note from Frances: is there any connexion between 'Econ 101' (or any other rock bottom simplification for the ignorant) and Room 101 (The Worst Thing In The World -- Orwell's 1984)?

Cheers,

R.
 
Randy,

Yes I am being sarcastic. Kodak has been a dead man walking for years now. There are more people to blame than the current CEO.

Roger,
my econ 101 class was so boring, I felt that I was IN room 101 in 1984.

I hope everyone has a happy and safe holiday.
 
LOL ... I've just logged on and thought I'd check this thread.

I started at the last page and started going backwards to discover several pages of wonderful bicycle pics. These are great and I now have a reason to continue to check the thread out.

:D
 
it was a rather charming way of stopping the thread in it's tracks as it had gone miles off topic.
:)

It certainly had gone OT - but it was, nonetheless, a good and interesting political discussion for a while.

And what's even better, is that many different - sometimes diametrically opposing - views were expressed, without anyone getting bad-tempered, or unpleasant. Not always the case, even when photography is the subject of debate..! :D
 
The thread was closed because a mod got tired of deleting the many
attempts to hijack the thread by off topic posts.

I have just opened it up, but stay on topic if you want the thread to remain open.

Stephen
 
The thread was closed because a mod got tired of deleting the many
attempts to hijack the thread by off topic posts.

I have just opened it up, but stay on topic if you want the thread to remain open.

Stephen
Dear Stephen,

Thanks very much indeed. There are plenty here who welcome the opportunity for civilized discussion with others, ranging beyond which version of the Summicron is better. As I said in another post, religious and political sites tend to be either exclusive and self-satisfied, or aggressive, raucous and completely lacking in subtlety. It is a delight to discuss things as one might with friends one met in the real world, as and when the subject comes up.

Cheers,

R.
 
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