Thursday, May 5, 2011

Doers II

In reviewing some old posts (2008), I ran across this one (Doers and speculators). Sheesh, we think those types that deal with abstractions as being so smart. Like, how many idolize Warren, as if he is some epitome? Then, Big Ben has his following, too.

Now, reading this post made me recall the motivation. Too, I see that it is right on three years later. For some reason, there has been a little digression but not really.

Let's, first, pull together posts related to this theme from the past few years.
  • Criticism and truth (October 26, 2007) - if one looks at sports, for instance, it's really apparent. How many arm chair quarterbacks are there each monday night throughout the NFL season? In baseball, there are nine on the field for any team at any point in the game. Forgetting the few, coaches and staff and such, that support the team, how many are involved (fans: at the game, watching on tv, etc.)? So, we have only a small collection of doers and a whole lot of watchers. Trouble is, the economy is like that, too. Just as people bet on games, the markets (as currently defined) allow a whole lot of gambling that is really not of much usefulness (crowd sourcing notwithstanding).
  • Justice and truth (November 10, 2007) - as the workers toil, they diminish to naught. As the watchers gain, fat cats grow unbounded. Part of that is the belief that business has to be ruthless (to wit, article about Warren's recent misstep - see Remarks 04/30/2011).
  • Free and fee (August 27, 2008) - something for nothing seems to be the underpinning motivation of greed (or more for less, etc.). That this cannot lead to realistic, and sustainable, economics is what we need to look at.
  • Truth and toil (September 16, 2009) - of course, there is always the 'classism' that is the basis of capitalism (which is one big factor in the emergence of the ca-pital-sino).

What is the point of all this? Well, there are two things. For one, problems with handling abstractions cause more than just the map-territory mishap in which we see the model becoming more real, in the minds of some, than that which is modeled. Pity the poor sucker caught in the jaws of the six-sigma tightening belt.

Secondly, many, who are in the positions of power, never did a lick of 'real' work (as in, dirty hands, of course). Now, we may consider that excelling at some sport may be considered 'work' in this context. A joke that one heard prior to the wedding of last week was that some, within the ranks of the royals, were aghast that Kate had actually worked for a living.

Perhaps, if some of those who are the diapered CEO types had been forced to work their way up (in senses to be discussed), they would not fall so much under the weight of their egos into hubris. The military model works in this case. There are few higher-order officers who have not come up through the ranks (O-series, sufficient, okay?). That is, one does not fall into a position of command via family or appointment (though, some politicos would probably want this).

In terms of exhausting their resources, some top-down thinkers would know more about the reality of what can be accomplished if they had the proper experience. But, no. Management has taken itself to be above differentiation by domain as it operates from universals (or, almost).

The whole out-housing phenomenon is predicated on a never-ending pool of potential exploitees. But, that is a whole another subject to be addressed.


Of course, the whole system is awry in this sense and has been for some time. After all, it was several 100s years ago that the first insurance minds cast lots in betting on the success of the doers (people like those who produced goods and those actually moved them from one place to another - in many cases, facing storms on a raging sea). Then, we have funny money which has no basis in reality, at all.


03/25/2013 -- The Atlantic had an article about King Abdullah II. Now, he is an example of a doer, from several angles. What I liked when I read it was that while being educated in Massachusetts, he bussed tables. What that means for those who don't know is clean up dirty dishes and such. When I, as a young man, was in the US Army, we had still had KP duty which included such types of things. Another task that ought to be tried once by everyone: cleaning the grease pit.

05/25/2011 -- Lemons problem, dark pools, ... Oh, so much to look at!

05/09/2011 -- Milking the system, something from nothing, ... (analogous to perpetual motion).

05/06/2011 -- Good engineers are doers.

05/05/2011 -- New America Foundation: Middle class under siege.

Modified: 03/25/2013

No comments: