Capitalism or Capitalist who failed?

Has anyone checked out the companies that are doing open book management. This is an interesting concept in times like these.

Thank you for posting this, it is an excellent example of forward thinking economics. If we read "righteously" as meaning ethically, fairly, without greed, and I think we clearly can, then the statement is modernised and becomes even more relevant. As you will see from my post below I put it down to greed alone, but that is a bit simplistic, which I knew as I wrote it but hey, this is only Mylot lol. Babson's statement is far more fitting, and I hope you get BR for this post. Lash

Yes, you are exactly right. This story comes from the early 20th century. Our language has changed and you defined "righteous" exactly they way I would have. It comes down to honesty, integrity, etc. Can we learn something from history? Isn't it interesting how many people have gone outside the line of decency to make a buck. I guess we can blame large corporations, CEO's, and even government, but what about the employee who does not work during their shift, gets there late, takes long breaks and lunches, goes home early, and feels the company's supplies are theirs to take at whim. I have worked for large corporations and also run small businesses. I have found that you can't legislate honesty, integrity, kindness, generosity, caring for our fellow man, etc. It has to be in our inner being.

Exactly this is what happened lash. The face of capitalism has changed drastically where the betterment of people with giving freedom to them has been taken place by outright greed. Today's corporate houses forgets about their basic goals. All that is there is their tag line.

You are absolutely right about helping others. If we do not, we are a large part of the problem. I felt so bad when for the third time we had to rely on my mom for help during our marriage. We always worked hard but struggled financially. When my husband was laid off years ago I broke down crying that we had been married 15 years and did not even own a home. We were sleeping on the floor in my mom's tiny living room and had to share a four room place. Our furniture was in storage. My mother put her arms around me and asked me if I had food to eat and a roof over my head. I had not thought about it that way before because everyone around me seemed to have houses, cars, money, etc. She then explained to me how many people she knew lived during the depression. What a wake up call. I can say that my grandparents and parents tried to help anyone they could during that time and always. They passed that on to my generation. I try to pass it on to my children.

You are right but I also disagree with you on one point. Yes we need to work together to subside this mess, however, what can one do without knowing the basic fault line that created all this mess. If we want this to not happened in future then we have to find out the reason. Any thanks for your splendid response.

I have see your writing about on mylot and I truly think we share alot of the same opinions about life! LoL! My grandfather was born at the end of the depression and his older siblings practically raised him. They hadn't really gotton old enough at that time to appreciate what they had been through (something I've noticed seems to be a common thread amongst those that lived during this time of history... they really tend to be GRATEFUL for growing up like that! Haha) Anyhow, he get's really annoyed with people that need help in the family. He will help... but he is usually annoyed about it. My mom is totally awesome about seeing and filling other's needs. She went across the street when she saw the paramedics at a neighbors house to see if they needed any help! Haha. Though I'm not really a huge bible freak these days I do appreciate the comment in there that says 'having therefore, food and clothing, we should be content' a lot of people say that you need to have a roof over your head too... and a car. I view those as bonuses. I sure do worry about the roof over my head and the car and that. But, in the end. If I'm alive and my children are alive. We have food in our mouths and clothes on our backs... I'm cool. I think that it's slighly wrong of the government to be all in our business about what type of home it is legal to have. I get the whole santitation thing, but some local governments take it too far! My grandparents town has gone so far as to tell them they can no longer legally have a mobile home on their property! It's not up to 'code' what the heck? And of course they can't build a log cabin even for 'camping' purposes on their property. And they live in the country! I would totally be content with a log cabin if I had too. I know enough about sanitation and that. I could live okay under those conditions but, society tends to get a little 'too civilized' I think. If the majority of the people can afford a certain style of living it becomes morally wrong to live 'less than' that style of living. This saddens me.