that you apparently need a telescope to see it.

Do you really think this what your heroine Rand had in mind?



Some of us regard it as a crime against the stockholders and employees.

And some people blithely say things like -

"Still, has anyone noticed that headlines about grossly overpaid executives always seem to appear in connection with companies in financial trouble?"

Wonder why? Any clue? Any thoughts at all on it? Even a bit curious?



What I tried (apparently unsuccessfully) to point out here is that jerkwad companies who grossly overpay executives, or screw the employees, or decorate their offices with imported furniture before a product is on the shelf, or misuse their capital in many other ways, are usually NOT successful in the marketplace.

You read about this stuff in connection with failed companies precisely because this is the kind of stuff that makes companies fail.

And yes, this type of crap is NOT what Rand had in mind, unless you examine her negative example of companies like Associated Steel in "Atlas Shrugged."

The fact that Worldcom is in the toilet is not a coincidence, it is the result of a corporate philosophy.

The free market always works.