-----Original Message----- From: brin-l-boun...@mccmedia.com [mailto:brin-l-boun...@mccmedia.com] On Behalf Of Jon Louis Mann Sent: Sunday, November 18, 2012 4:34 PM To: Jonathan Louis Mann Subject: Where to now?
>Now that the election is past and Obama doesn't have to worry about his re-election, will he finally >stand up to Wall Street, put the brakes on corrupt, corporate capitalism, and stick to his guns on >taxing the rich? If that were the problem, we'd be lucky. There is a natual self regulating mechanism in capitalism, which Clay Christensen has found, that has not worked in the last 20 years or so. The problem is that we've played out the last big innovation, and are have Apple winning market share on style instead of companies providing innovation that turns the world upside down (e.g. electricity, radio, automobiles and tractors, computers). He has a nice article on this at: http://techcrunch.com/2012/10/09/clayton-christensen-disruptive-innovations- create-jobs-efficiency-innovations-destroy-them/ I've been, responsible for a few efficiency creating innovations that saved hundreds of millions of dollars in costs, but destroyed jobs. Friends of mine have been responsible for over a trillion in wealth creation, and the destruction of thousands if not tens of thousands of jobs. Another bad by-product is that Wall Street and overpaid CEOs of companies that win by playing the game better, instead of providing jobs and services win in this enviornment. We need a black swan. Dan M. _______________________________________________ http://box535.bluehost.com/mailman/listinfo/brin-l_mccmedia.com
