Tuesday, March 31, 2020

What were you doing in 2004, 2005, 2006?

I was raising public awareness of military recruiters in high schools.
https://www.youtube.com/watch?v=vyDd84wMY-A

But, what were you doing?

Tuesday, March 24, 2020

When people say, major change is possible now, here is why I believe that is true. 40 years ago entering public accounting, as an auditor, I quickly learned that the agencies and companies we audited TOTALLY understood their business, way more than we ever would. And they told us, to our faces. It hurt.

Only senior auditors in our firm, long-experienced on that particular audit, understood those clients. They did NOT need auditors and they did NOT need their owners or managers, either. Workgroups and experienced staff ran the operations.

Fast forward to the 1990s as I worked 14 years in Japan, workers and managers in Japan *totally understood* that the workers in the departments not only knew their business better than the old men, but the layers of owners, directors etc. who were nothing but a parasitic layer. So, in company after company I learned who really runs Japan and it is the workers. Nobody denies it. The owners or directors don't deny it.

Capitalism is not necessary. In fact the money system itself is not necessary, at all. Consider that *all corporations* and public sector agencies operate internally without money. You don't have to negotiate with your other departments, divisions, workgroups over prices, and there are not competing suppliers, etc. Ridiculous. No.


Read Coasian economics of the firm. Ronald Coase. Nobel laureate. This is why firms work so much better than the "private sector" competition model. Why they are eating our lunch. Because they are NOT market.

I worked 12 hours a day in the dotcom boom 2000 building P2P, person to person, transaction systems, settlement systems. We all knew it was possible We were replacing the BAMs. the Bricks and Mortar systems... before Amazon. But Wall Street de-funded the whole thing. Hard.

What is possible today is a spasm of such proportions that not only sweeps aside Capitalism (the parasitic burden of management and owners) but the use of money itself. We don't need it.