a man receives from the free market what he gives to it, his material worth is a running tally of the net benefit that he has provided to his fellow man. A high income is not only justified, but there is nobility to it.Oh, you sweet, benighted thing.
What I learned is that burning out isn’t just about work load, it’s about work load being greater than the motivation to do work.Yes, grasshopper. You have learned well. It is time for you to leave us.
I’m a free marketeer. I believe that voluntary exchange is not just a good method of incentivizing people to provide their labor and talents to society, but a robust moral system — goods and services represent tangible benefit to people, market prices represent the true value of goods in society, and wages represent the value that a worker provides to others. Absent negative externalities or monopoly effects, a man receives from the free market what he gives to it, his material worth is a running tally of the net benefit that he has provided to his fellow man. A high income is not only justified, but there is nobility to it.and
My moral system is organized around a utilitarian principle of greatest good for the greatest number — that which adds value cannot be wrong. It did not bother me therefore when I was handed consulting reports that had been stolen from our competitors. If the information in those reports would help us improve our client, then who could say we were doing wrong? Like downloading MP3s, it was a victimless crime.
The guy actually wrote that the downside of the caste system there " is that as a westerner, I didn’t occupy the topmost rung." Castes are fine, as long as I'm on top, right?Yes, then being an "Idealist" is wrong. And terrible, in fact.
How is one company "losing" a billion dollars destroying it. Isn't the beauty of the market that those who contribute "the most" get to take your money when you make a bad play? If someone else is getting richer, then that billion dollars isn't destroyed.Yeah, for a freak market lover he didn't actually seem to understand the free market. When money is spent, it's good. When money is saved and not spent, its wasted. If a company loses money, so what? The money isn't lost, it's just transferred to whoever sold them the bill of goods.
They told me things that didn't make sense. We don't care about your degree or industry experience. We only care if you make something that impresses us, and if it does we will hire you. What? No. UnhandledException! I just have to MAKE something cool, and you'll let me work for you? Uhh. okay.What's wrong with that? If you can't make something cool, why would they want to hire you?
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Allow me to summarize "MIT geek gets hired, doesn't realize consulting isn't just about crunching numbers and 'thinking great thoughts'. Shocked to find intellectual dishonesty in a business fundamentally about getting people to hire you. Thinks precious intellingence is being wasted"
also someone who walks away from 16k because he won't sign the termination agreement over an NDA (which BTW there is absolutley nothing in that article which implies he knows anything that anyone hiring BCG doesn't already know) is just clueless. The only thing that would ever be enforced on someone that junior is if he attempted to sue them. They would never sue him for writing an article like this.
And you want to know something else - guys who think "excel craft" matters are why we had the entire financial meltdown.
posted by JPD at 12:58 PM on April 12, 2010 [22 favorites]