Let’s Re-embrace Capitalism

Argues Scott Galloway.

Penultimate paragraph:

“To be clear, socialism may be a better way to go, as evidenced by the study showing 4 of the 5 happiest nations are socialist democracies. However, unless we’re going to provide universal healthcare and universal pre-K, let’s not embrace The Hunger Games for the working class on the way up, and the Hallmark Channel for the shareholder class on the way down. The current administration, the wealthy, and the media have embraced policies that bless the caching of power and wealth, creating a nation of brittle companies and government agencies.”

Scenes From Today’s Anti-Viral

Blanca and I. Waddel Creek and Delphi Roads.

Excellent social distancing here. Notice the alpaca at 12 o’clock.

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This beaut looked me straight in the eye earning me 20 points and an early lead. I was sad to miss a followup when she was joined by two of her friends and all three stared me down. Then, upon returning home, I learned I didn’t need documentation, scoring is based on an honor system, so a 60 point extravaganza. Maybe my wife and daught don’t know me as well as they think.

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This was the only disconcerting thing, the white horses being ostracized. Reverse racism?

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Leaders Manage the Unknown

The New York Times is hopelessly old fashioned, still practicing fact-based investigative reporting and all.

Today’s lead article, He Could Have Seen What Was Coming: Behind Trump’s Failure on the Virus, was the work of six people.

Unfortunately, we live in an age when only the liberal “choir” will read it, which is too bad, because it’s incredibly restrained.

For example, this is not politicizing the pandemic.

“There were key turning points along the way, opportunities for Mr. Trump to get ahead of the virus rather than just chase it. There were internal debates that presented him with stark choices, and moments when he could have chosen to ask deeper questions and learn more. How he handled them may shape his re-election campaign. They will certainly shape his legacy.”

“Ask deeper questions,” when has Trump done that?

I listened to Scott Galloway interview Tim Armstrong on his podcast this week. Galloway asked him about leadership during crises. Armstrong talked about interviewing many top executives during the 2008-2009 global financial crisis. He summarized their insights this way, “Managers manage the known and leaders manage the unknown.”

The President has not managed the known well and has shown no aptitude for the unknown. Governors, mayors, business leaders, epidemiologists, selfless healthcare workers, and other “essential” people have filled the void brilliantly, managing the known extremely well against all odds.

Armstrong was talking about commercial enterprises, but what about noncommercial ones? What about the common good? Who will manage 21st century unknowns related to public health, environmental degradation, and global poverty?