Aaron Mentele on business
Aaron Mentele of Electric Pulp, a development/design firm out of Sioux Falls, SD has an interesting writeup and great commentary on the low-margin, high-revenue business game. This is a fascinating topic for me, as I’ve often found American business obsession with growth completely bizarre. Why the need to grow a profitable business endlessly? Is there an inflection point where enough is actually enough?
The CEO of Costco sheds some light on the situation: “On Wall Street, they’re in the business of making money between now and next Thursday.“
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July 27, 2007 / 2:41 pm
I’m not sure if it’s terrifying, but it is certainly a cause of the present situation we’re in culturally and environmentally, namely fulfilling short term goals to the exclusion of ever even thinking about long term goals. At the macro scale, such behavior isn’t distinctly human, rather looking a lot more like basic evolutionary principles. No goals, just a network responding to state changes.
That’s the crux of why endless growth fascinates me: it’s completely illogical, and clearly impossible, but it’s rationalized after the fact through Keynesian economics as the only feasible way to operate. Yet another instance of the discrepancy between man’s view of himself as the rational animal and the actual case of population behaviors. All a really complex way of saying: a person can be smart, people are stupid.
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July 27, 2007 / 2:27 pm
Is it slightly terrifying that so many people in the business world considers this a bad thing?