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Small Business Think Tank [This Network is not currently active and cannot accept new posts] | | Topics
Commonsense Approach To The EconomyViews: 214
Feb 06, 2009 3:47 pm re: re: Commonsense Approach To The Economy
abbeboulah Althea Conklin:

"...what we really lack...accountability"

I agree -- who wouldn't? But here's a problem: what are the accountants (Who are they? Us?) looking for? What if it's the wrong criterion? Arguably, those folks we are griping about now HAVE been accountable: to the stockholders looking for quarterly profits, to the unquestioned (- STILL unquestioned!) mantra of continuing growth as the main goal of a viable economy, and to the popular notion that success (in reaching and staying at the top) must be rewarded with equally evergrowing salaries and bonuses, that such pursuit of executive happiness should never be interfered with by government. Those were the accountability criteria they were looking at. Supported by popular opinion and attention, fueled by the media: Who wants to be a millionaire? (Not"who wants to be the most ingenious unrecognized inventor?" -- but of course, being unrecognized can't be recognized, can it?)
My point is: don't just blame those guys for their greediness; they were just being more American than the rest of US. We need to look at the accountablity criteria.

Private Reply to abbeboulah (new win)





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