An inventive way to tackle unemployment | Forum:Blog | The World Economic Forum
After watching this video, I fully agree with what Mr.Christensen was saying rather it was economically or politically. The US is in the midst of a robust financial recovery, that part cannot be denied by any means, but in regards to actual increases in employment its not as robust as the financial recovery would seem to suggest. Essentially, their is plenty of capital available but its not going towards the right places; rather than banks loaning to those who are interested in opening or even expanding their businesses the capital continues flowing to established companies that honestly aren't needing the amount of capital being pumped into them as opposed to the small businesses that propel our economy forward.
Going back to the financial recovery, I think its safe to say all of us who have cash invested into the markets are enjoying our lucrative return on investment, but we are also working against ourselves in the midst of our capital gains. What Professor Christensen believes is that long-term investments need to be encouraged or incentived more as opposed to the short-term, quick cash investments and ultimately I couldn't agree more although I am guilty on wanting to have my capital gains come quick.
For those of you who may watch this video, how much do you agree or even disagree with what he is saying? What would you add more to what he's saying?
____
For those interested in reading the article,
A Capitalist's Dilemma by Professor Christensen, here it is:
http://www.nytimes.com/2012/11/04/bu...anted=all&_r=0
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
