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Originally Posted by WheredoIlive?
I agree with this article. Too many members of Gen X have not seen same life as generation before it. Many people warned where globalization would take us.
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To me it is just the reality of how business works out there in the world market.
To begin with, business is the means to make a profit. EVERYBODY does want to maximize their economic efficiency. To me this applies to business and customers.
We can all try to blame the rich and corporations but you know what? What they do applies to EVERYBODY, make the buck.
To a certain degree the complains people make about CEOs is plain envy. It is interesting because it seems to me we love to praise work, accomplishments, success, etc. but we also do demonize those that reach those levels. Once anyonoe reaches high levels of success in any endeavor, then it is the time to demonize bring them down.
Example: Pick any sports team that excels and stays at the top, people start to find ways to bring them down. How often people have said it is time for somebody else to be at the top?
The NFL and other sports organizations have come up with rules to ensure other teams have chance to reach the top. Who pushed for those rules? The teams that did not have the good management to achieve top levels with the excuse that everybody should be able to have a chance to be champions. Well, the rules had to change to chip away at those that had good business savy and keep a team at the top.
The same applies in business and other areas.
CEO? Go to a small store and they do the same. They are not going to give anything free to the customer is that means loosing their livelyhood. Now, the comment I hear is "Well, the CEOs earn a lot more than a small business owner. He does not need all that money". Also, the question is why do CEOs are paid so much money implying they do work any harder than a factory worker. Go out to the street and try to find how many people have the experience and knowledge to runa multimillion/billon corporation! People are paid based on the skills they bring to a business. The more rare and difficult to find those skills the more valuabel an individual becomes. It is that simple.
What many in the U.S. complain about is simply based on not accepting that someone else is starting to make it as we have and that means competition. We are used to be the top dog and now that we are starting to share the business market and that means there is less of the pie for us, not good!
Example that reflects this mentality: For a long time we were the top basketball team in the world in the olympics. In 1972 Russia beat us. From that point on we started talking as if the U.S. should be the only one to win. It was a disgrace. Guess what? The world cought up with us and now we are not longer the automatic winner in the olympics. That is whay you call competition.
The same in the world market anymore. We either accept that fact or not. The wise thing to do is to accept the reality, revise our education system so it can produce better and more competitive people, and accept that we will no longer have the high standard of living we usedt to have. We can still have a good standard of living but not witht he mentality that we are the best and at the top of the world.
We can either isolate ourselves and pay the price for doing so or roll up our sleeves and keep the competitive spirit and do our best at what are best.
Sweat shops? Our nation became a world power with sweat shops. That is how pretty much the modern world powers began. Once we reach the top level other countries little by little became what they are now. Today other countries are doing the same. Guess what? The countries that have joined the race HAVE benefited and achieved better standards of living in many areas.
So you can either whine about how the middle class is non-existent, is abused, the CEOs are greedy, etc. in a corner of simply start working with our children and teach the the work ethic our our grandparents did for many of us, and make sure the schools in our disctrics teach subjects that make us strong again. It is sad to see our kids become wimps in many areas. They are getting used to get everything free and not learning to work to earn many of the luxuries they now have. That includes children that are in the low economic brackets considered poor and are walking around with the lates and most expensive electronic gadget and the latest fashion clothes with team logos or some other expensive name brands.
Stop whinning and do something about it. In other words, be part of the solution, not part of the problem. The more we keep feeding this victim mentality around, the more difficult it is for us to get up and work harder, fight harder, and achieve more. Take care.