“Gas-guzzling S.U.V.’s, cigarette boats, no-income mortgages and private jets should be relegated to the junk heaps of history, or better yet, put in a museum dedicated to never forgetting the greed and avarice that led us so far astray.”
Who wrote this incendiary paragraph? Che Guevara’s alter ego, perhaps — or maybe the ghost of Karl Marx? Nope — one of the authors was William Cohan, a former MD at JP Morgan and eminent financial observer, in the op-ed page of the NYT. It echoes my recent posts on “unnovation,” where I used the Hummer as an example.
The Case for Constructive Capitalism
“Gas-guzzling S.U.V.’s, cigarette boats, no-income mortgages and private jets should be relegated to the junk heaps of history, or better yet, put in a museum dedicated to never forgetting the greed and avarice that led us so far astray.” Who wrote this incendiary paragraph? Che Guevara’s alter ego, perhaps — or maybe the ghost of […]
June 15, 2009