Lessons in Leadership
NOT!. I read an article in the November 4th issue of the Wall Street Journal about how the Emir of Kuwait remains in power. First you put 96% of working Kuwati's on the government payroll. Then you establish a government which subsidizes just about every aspect of daily life. The article tells about a woman who retired from her three hour per day government job after 15 years and was able to collect a pension of 95%. That same government sent her a congratulatory check for $250,000 on her 10th wedding anniversary.This scenario is not likely to play out in too many parts of the world but you can be assured that no real competitive advantages or innovations will be coming out of a society like this anytime soon.
posted by Michael Sick @ 1:53 PM
0 Comments:
Post a Comment
<< Home