Pure greed not motivated by altruism only.

(10 am. – promoted by ek hornbeck)

My hypothesis is that some men have no stigma attached to failure due to pure solid stupidity.  

If true, it follows that if hot plasma stupidity could be contained, cooled and compressed through the states of matter to form a perfectly arranged crystalline structure at absolute zero, solid diamond stupid should look like this:

America is the greatest engine of innovation that has ever existed, and it can’t be duplicated anytime soon, because it is the product of a multitude of factors: extreme freedom of thought, an emphasis on independent thinking, a steady immigration of new minds, a risk-taking culture with no stigma attached to trying and failing, a noncorrupt bureaucracy, and financial markets and a venture capital system that are unrivaled at taking new ideas and turning them into global products.

 – Tom Friedman, The Secret From Our Sauce, March 7, 2004

How solid is that?

A freeze-fracture electron photomicrograph revealed:  The most corrupt financial instruments ever conceived, and never to be duplicated because banksters destroyed themselves and capitalism along with it, were created through the banksters’ own blind greed.  The thought process going into it all was extremely unregulated and not subjected to the usual laws, requiring only risky behavior and no conscience.  Consequently, every crap idea was rated AAA by the bureaucracy, and these unrivaled venture capitalists took all these new ideas and leveraged them into a heaping global crap, thus in turn causing Tom Friedman’s fast frozen solid stupid to sublimate and become super-heated hot plasma stupid swirling in outer space between columns.  

Prior to reverse phase transitioning, these crown jewels of stupid were also formed:

What would Indian techies give for just one day of America’s rule of law; its dependable, regulated financial markets; its efficient, noncorrupt bureaucracy; and its best public schools and universities? They’d give a lot.

These institutions, which nurture innovation, are our real crown jewels that must be protected — not the 1 percent of jobs that might be outsourced. But it is precisely these crown jewels that can be squandered if we become lazy, or engage in mindless protectionism, or persist in radical tax cutting that can only erode the strength and quality of our government and educational institutions.

Nevertheless, further examination revealed an imperfection in Friedman’s crystalline lattice structure of stupid, thus rendering my hypothesis of solid stupid incorrect.  Tom forgot that we don’t need any taxes, education, or government here at home, because these “crown jewels” (That imperious wanker did NOT say that!) can raise people up on the socio-economic ladder as partners in prosperity all around the world!  Especially the mistreated and disadvantaged women of the developing world.

Foreign Affairs:

In 2008, Goldman Sachs launched one of the private sector’s most ambitious initiatives: a $100 million commitment to provide 10,000 women in emerging economies, such as India and Nigeria, with a business education. The firm is not motivated by altruism alone: when Goldman’s CEO and chair, Lloyd Blankfein, speaks about the program, he never fails to mention that the company’s own research has shown that educating women leads to greater labor-force participation, higher productivity, and higher returns on investment. Put simply, directing resources to women is good for business.

And exactly why are women from developing countries good for business?  Goldman Sachs explains:

The combination of female education and pervasive wage discrimination can create a pool of well-skilled but inexpensive female labor. In itself, this may lead to more investment in industries dominated by female labor. Higher returns to industries that fed on female-intensive light manufacturing played a role in the rapid growth rates seen in Southeast Asia.

— Goldman Sachs, Global Economics Paper No: 164

The title of the Golden Sacks paper was, “Women hold up half the sky.”  Inspiring marketing for Chicken Little Males having no stigma attached to failure.

6 comments

Skip to comment form

  1. because Friedman’s hot gas is going to transition again when the double dip arrives.  thunderbolt-hurling farts?

    • k9disc on March 3, 2010 at 9:27 am

    several years later.

    Perhaps we could start to pillory the journalistic luminaries and point out their absolute stupidity.

    We certainly have the power. I’d like to take Kristol & Krauthammer.

    David Brooks would be easy pickins too.

    I’ve been writing long enough and so have you to use some original material.

    We could dredge up some Sirota, Hedges, Englehardt, Hartmann, Chomsky, Nader, Chalmers Johnson, Scheer… – you know all the ‘non-serious’ people – and compare and contrast them with teh stupid of the corporate luminaries.

    We could totally tar and feather those assholes.

    Great piece, cf

Comments have been disabled.