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Is Capitalism, as Seen by Enterpreneuers now, Good or Bad?
Written by: Bruce RazbanArticle Overview: Capitalism is good, and bad! It is bad, because it is in bad need of ammendments in view of the serious financial problems in US and the world for that matter. Do not get me wrong, Capitalism, is still better than other isms. It is good because it is based on free market concept and it is especially potent when it is based in a free democratic society like US. However, there has been a mega revolution. This revolution is the the advent of the Internet that has given extreme power to human capital (as opposed to the potential "things" Capital of the traditional thinking). Internet, with its information available instantly and everwhere has been a game changing effect.
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Free Download - Abject Executive Poverty By Bruce Razban |
Is Capitalism, as Seen by Enterpreneuers now, Good or Bad?
Capitalism is good, and bad!
It is bad right now, because it is in bad need of ammendments in view of the serious financial problems in US, and the world for that matter. Do not get me wrong, Capitalism, is still better than other isms.
It is good because it is based on free market concept and it is especially potent when it is based in a free democratic society like US and West in general.
However, there has been a major revolution. This revolution is by far bigger than the industrial revolution. This revolution is the the advent of the Internet that has given extreme power to human capital (as opposed to the potential "things" Capital of the traditional thinking). Internet, with its information available instantly and everwhere has been a game changing effect.
As we seen with the collapse of the real estate values, "things" capital is a defective measure of the real worth. The most important property any small business or majoe corporation has is in the intellectual property that human capital can provide. Unlike "things" capital human capital is limit-less, in other words, sky is the limit with it.
Yet many of our business schools are not training managers who can really understand and work with Human Capital. In fact, many industries, small or big have failed harnessing the INternet revolution.
Human capital, is what makes, or breaks a company!
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Article Tags: advent of the internet, ammendments, business schools, capitalism, collapse, democratic society, extreme power, game, industrial revolution, intellectual property, internet revolution, isms, real estate values, sky is the limit, small business
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About the Author: Bruce Razban RSS for Bruce's articles - Visit Bruce's website  Hello, I am a Senior Management and Technology Consultant with 32 years of experience in Silicon Valley, CA. My book, "Layoffs & Hope", which is available in Amazon.com, is an uplifting and inspiring book to help those who have lost their jobs, or those who are stressed about losing it. This adds up to almost 100% of us. My book was at times #4 Most Popular Download! http://www.amazon.com/Layoffs-Hope-Advice-Inspiration-Better/dp/1439227403/ref=sr_1_1?ie=UTF8&s=books&qid=1279084137&sr=1-1 Click here to visit Bruce's website   Toyota Brakes and Toyota White Gloves Ice Water Test of Starbucks Strategy Implementation and Tactical Abject Executive Poverty Razban Golden Rule 3 Executive Coachs Game Plan US Postal Service Do Not Return to Sender it |
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