tag:blogger.com,1999:blog-345343241265057471.post6051050071292311351..comments2023-10-27T00:21:24.683-07:00Comments on Machining Independence: Am I building a Tractor, or is it a metaphor?A little shellfish in Michiganhttp://www.blogger.com/profile/00403563779779192639noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-345343241265057471.post-81865824063190363072012-03-04T18:23:34.910-08:002012-03-04T18:23:34.910-08:00jack of all trades... master of none.jack of all trades... master of none.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-345343241265057471.post-80014586019933421512012-02-02T07:58:49.706-08:002012-02-02T07:58:49.706-08:00I agree that size is one of the main indicators an...I agree that size is one of the main indicators and exacerbators. It's a catalyst, really. However, I disagree that the "knowledge economy" is the problem. Knowledge is valuable and we should reward those that have it. In fact, we should reward them more than those in the "material economy". Where it fails in our system is that money begets money. That is, if you have a lot of money, it's fairly easy to get more. Moreover, those with the most wealth aren't necessarily the one's that initially had the valuable idea in the first place. Sam Walton earned his station with his foresight and intuition which allowed him to create a widely successful business. He benefited society in doing this. Today, however, I would wager that his influence in the company is negligible. Rather, the day to day decisions are left to a board. These are people who were hired to maintain the business but who are not responsible for the good idea which started it. Still, they are paid huge wages which I feel they don't deserve. This is the problem with corporate America as I see it. Of the top economic echelon, 1-5% are the ideas-men. The rest are filler who got there by inheritance - the luck, money and situation you spoke of.Ozzyhttps://www.blogger.com/profile/08532975525609291501noreply@blogger.com