Thursday, August 1, 2013

How an Ayn Rand following hedge fund moron killed an American retail icon

Eddie Lampert is yet another hedge fund moron with an Ayn Rand fetish who's doing a great job in killing Sears, an American retailing icon.

Lampert is running Sears the "objectivist" way, perhaps as Ayn Rand herself would have loved, where his approach is to destroy cooperation and pit managers against managers and pit whole divisions against whole divisions creating a vicious, survive-at-the-expense-of-everyone-else mentality.

Maybe this will be a lesson to all the deluded Ayn Rand devotees who blindly and ignorantly worship her sociopathic rantings.

The fact is, there can be no progress, no advancement, no peace, no harmony, no broad prosperity, without cooperation and without human behavior that is in DIRECT OPPOSITION TO THAT WHICH IS ESPOUSED BY THE SOCIOPATH, RAND.

That is why there is not a single prosperous, free, democratic country on the face of the earth that sports Rand's objectivism as its model. And, furthermore, the most civilized, democratic and prosperous countries ALL have high levels of Socialism, Scandinavia being a good example.

Anyway, read the story of Lampert's destruction, it's over at Alternet.

By the way...you'll really get a kick out of this: where did Lampert pick up all his masterful "high finance" experience? Well, over at Goldman Sachs, of course, where he worked directly with none other than Robert Rubin, who built a mighty career for himself by destroying everything he touched, except his own personal fortunes.

Our entire economy--no, our entire nation, is infested with these cockroaches.

Makes me want to vomit. Seriously.

2 comments:

Unknown said...

The core issue here are two human archetypes that remains a legacy of our evolutionary development. On the one hand, you have homo sapiens, which was never solitary. They prized teamwork, collaboration, and a group consciousness. Then we have other hominids like neanderthals, which were more solitary, selfish and go-it-alone. Teamwork is why h. sapiens prevailed over competing hominids. Here, nature is giving us the formula for success. Objectivists represent the lower neanderthal nature that persists within humanity. Suppressing the bestial has always been key to societal advancement. The other option is feudalism and other reactionary orders that hold back human innovation.

Joe said...

I read this story at Businessweek. Truly a stunning piece, not that Sears and Kmart weren't already on the road to ruin. Like you said, Unfathomable that Lampert would pit Sales, Marketing, IT, Ops against each other for competition. How in god's name is the entire business supposed to function? Lampert's ego and arrogance is stunning.