Comments: The Plight Of The Dean Baker

"Of course, Baker is well aware that Mudd possesses real, significant skills."

You're going to have to back that up. I don't think he could run a company if he tried. And being a business-killer isn't a skill - I could do that.

I work at one of the top design agencies in the country, I'm constantly amazed at how inept most every CEO/COO/CTO is, and the fact that they run major American corporations is astounding.

The Peter Principle will kill America, as will the "Good Old Boys" network. Incompetence reigns.

Posted by Christopher Wing at August 19, 2008 12:16 PM

The problem is that "managers" have become a class, complete with their own degrees, their own schools, their own social structure, etc. And that means that these "managers" are now beholden to and loyal to, primarily, their class. They aren't loyal to the companies they run, nor to the shareholders, nor the customers, nor the employees, nor the government they work under, nor the society they live in.

They sit on each others' boards, vote themselves obscene salaries and benefits and golden parachutes, grind long-established businesses into dust, ass-rape employees, and knowingly and willfully violate both legal statues and moral imperatives which have held for 6,000 years of human civilization.

They are blind and deaf to anything beyond the views of other members of their class. They insulate themselves from laws, from citizenship, indeed, from all consequences whatsoever of their massive fucktardery.

Mass executions would be uncivilized; but they are an agreeable fantasy.

Posted by Hairhead at August 19, 2008 12:29 PM

I think the better solution would be to give the Muddy millions to Dean Baker. Think of it as a Truth Teller's Bonus.

Posted by Aaron Datesman at August 20, 2008 07:53 PM