Neeraj Vora's Blog: September 2011

Monday, September 26, 2011

Risky capitalism

http://news.slashdot.org/story/11/09/26/1549239/hp-spent-over-80m-to-get-rid-of-its-ceos

This is one example of the inglorious side of capitalism. Glory to every enterpreneur who toils in his or her own sweat and blood and risks his or her own capital to create new ideas and new possibilities. And they richly deserve the riches out of the success. But not these business leaders who risk nothing of their own, but carry a big upside for their glorious failures. When the risk reward line is so skewed and manipulated so much, the business of capitalism can become very malfunctioning and prone to decay.

Saturday, September 24, 2011

Thank you for sharing this, Dushyant. I don't know Ms. Warren and her politics, but I like this. There is nothing un-capitalistic about it. And, nothing against liberty and justice. Now where that fair line (of hunk) is, we can argue till the cows come home (and hopefully not shout and be at each other's throats). BUT private enterprise cannot and will not build roads criss-crossing the nation or other big infrastructure, cannot police the country and defend its freedom around. Red or blue or any shade in between, we can maintain a sense of decency and look inside our own positions and try to see some of the incongruencies and paradoxes therein. We can try to be objective, removing the subjective and the personal from the debates. We can learn to like the policies even when we don't like a person, and the other way around. If there is a fair argument against what is said in the quote, I want to hear it.