This Is What Happens When Objectivism Leaks Into....

John Thomas8
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This Is What Happens When Objectivism Leaks Into....

Post #1 by John Thomas8 » July 11th, 2013, 8:01 pm

......the real world......the real world wins (Mina Kimes, Business Week):


An outspoken advocate of free-market economics and fan of the novelist Ayn Rand, he created the model because he expected the invisible hand of the market to drive better results. If the company's leaders were told to act selfishly, he argued, they would run their divisions in a rational manner, boosting overall performance.

Instead, the divisions turned against each other-and Sears and Kmart, the overarching brands, suffered. Interviews with more than 40 former executives, many of whom sat at the highest levels of the company, paint a picture of a business that's ravaged by infighting as its divisions battle over fewer resources...

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