Once again the same recipe? Competition?

"... a meaningful advantage over competitors?"

Once again the same recipe? Competition?

An extract from the article "Leaders, Take a Ride on the "Down Economy" Bandwagon"

Is that not the reason that economies failed and will continue to fail? Does it not lead to the notions, annihilate the competition, destroy them, devour them, take over this and that company, all out to engulf all other competing companies and in the race, they forget everything. That they do not have the capital, the supposed shareholders, to back a takeover, an acquisition, is not an obstacle. They became callous. They borrowed, more than what their companies worth.

I would not be surprised if I hear that banks ended up been tightly squeezed between what they owe and what they are owed. Credit and debt. Tying up any real assets they have as collateral for borrowing money, other banks doing the same, in their incessant pursuit of annihilating the competition, ended up with no more assets being available to secure a loan. The whole system locked drying up credit.

Their rules rigid and strict, mechanistic, reminding Godel, do not allow them to find a solution within the narrow boundaries of their companies. They need a solution from a solution from outside. They seek out their Godel in governments and states. Bailouts and stimuli.

At the same time the lives of all individuals in the world over, are messed-up and destroyed. They are put down as collateral damage. The matter is solved.

Their insatiable hunger to devour the competitors leading to bloated burgeoning organisations that despite their epiphenomenal air of assurance the exercise of their authority brings, they are stupid, as via their rules and regulations, they take less and less in of the plethora of information that is around them, exacerbated by the filter of money, steadfastly adhered, which only allows out of that rich bed of information that comes out of the lives of individuals, only what is relevant to the accumulation of more and more money, more profits.

The individuals in them, mere cogs of a fundamentally flawed machine that sees all other individuals around them from that very limited, restrictive prospective imposed by the company. Sees individuals as clients, prospective buyers or sellers, as units to make a profit out of and dismisses all else, that we, all are. Which bring about the underlying stark realisation, that by doing so dismissing themselves too, their very own human nature.

Their lives are taken away, left only with the tatters that organisations allows them to have? Isolated, detached and disinterested, complete apathy, they are there to do the job, and go home to immerse themselves into their comfort zones.

It mentions further in the article

"... there are some fundamental problems that we haven't yet faced."

Yes there are fundamental problems. A glimpse I offered above.

""... there is a good chance that we will experience an economic upturn sometime in the not-too-too-distant future."

And no, it is not a matter of chance.

What you call chance, what happens now bailing out banks and companies, is purely artificial and it is imposed form above, states and governments and as such a respite. It will lead to the onset of another cycle, the boom-and-bust cycles, never-ending, something I hear quite a lot coming out of your circles.

What is fundamental is not left up to chance. In this case it will come out from what you mention here

"to build greater trust and behavioral cohesiveness."

but not for the restricted isolated narrow limits of organizations, so they will make more money, more profits and so on ....

but out in the open, trust and behavioral cohesiveness for the individuals of the world, the whole world included. The credit crunch becoming a point of no-return in the path for re-organizing societies.