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11-07-2013 , 05:22 PM
Quote:
Originally Posted by capone0
Of course outsourcing was discussed on the trip. We also visited a slum that was in fact a business (it's the slum from Slum Dog Millionaire). Honestly, India is a very interesting place but exhibits many of the things you mention. India has a lot of benefits for the rest of the world while they advance themselves. They have a very educated populace focused on services and of course are leveraged. And a populace that is willing to work at significantly lower wages per their skill range.

With that being said, things will slowly change. India basically was like 100 years behind up 20-30 years ago with most of their populace living in rural areas (for instance they basically skipped the wired phone phase and went straight to cell towers). I still think 2/3rds lives in pretty undeveloped areas but at the same time they have a ton of people moving to the cities and willing to take pretty low wages. But it's going to be like China, where the costs of labor are going up significantly that it won't be profitable to oursource there in probably a few years. Another facet is the cost of living in India isn't anywhere near what it is in the US, therefore they making lower wages but in their minds they are quite successful.

The population is actually missing a true manufacturing base to suit their less educated workforce b/c they essentially skipped a phase (industrial) like most countries and went straight to service. This is a big source of their problems. They have a large labor force and a ton of competition for those outsourcing jobs that the wages stay very low.

It's amazing, you say that, when Princeton doesn't even have an MBA program. Hmmm....
Thanks for the insightful input and info. I know my arguments are extremist, but I honestly feel that responsibly and ethics need more emphasis when educating future generations of business leaders.

I was actually going to research the article, it may have been Wharton(Penn), but I recall their business even having the word "Tiger" in the name.

Actually I think the New Yorker article was about Randy Altschuler, Princeton undergrad, MBA from none other than.......HBS! lol The article definitely exist.

Last edited by PlayaHata1; 11-07-2013 at 05:27 PM.
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11-07-2013 , 05:37 PM
What do you expect us to do when it comes to India?

We could just ignore their labor force. This seems pretty silly.

We could pay them the same wage as someone who worked in the US. This means, they likely won't be used at all. Most people would prefer an American for many services over an India like customer service or anything. So again, you'd have a problem. And if we did use them at our US wage, they would make significantly more than most of the populace that the competition would be obscene.

Honestly, right now we aren't at an equilibrium when it comes to this problem--even if it is a problem. Things are vastly better now than they were 5 years ago when it comes to this "problem." In 10 years, there might not even be this "problem" in India but instead somewhere else. It's going to exist b/c that's just how things are. When a country is underdeveloped and at the same time has a strong, educated populace--businesses are going to leverage them. And while you may think it's exploiting, for them it's a pretty great situation where they are likely doing much greater than much of the populace in their home country.

MBA programs don't ignore ethics. I took an ethics class. While it probably should be more emphasized, I doubt it's always MBAs forcing unethical issues into a company. It's not like we join an MBA program where we are programmed to do unethical things. Who knows why people are doing unethical things. Is typically to make a quick, easy buck. But it's also b/c regulation was so bad for a while especially with derivatives. I hope things are getting better.

Last edited by capone0; 11-07-2013 at 05:47 PM.
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11-07-2013 , 06:38 PM
Quote:
Originally Posted by PlayaHata1
Reading comprehension is obviously not your strong suit. I was specifically asked about SAT and responded. Here's a hint, my academic accomplishments also include words like Valedictorian, Rhodes, and Phi Beta Kappa.
it's clearly not yours either if you're only mentioning your math score when asked about SAT...
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11-07-2013 , 06:47 PM
Quote:
Originally Posted by stinkypete
it's clearly not yours either if you're only mentioning your math score when asked about SAT...
1510 total, you do the math! Sorry I did not include verbal before, but I am probably older than most here and I actually had to look this up, just for you.

It should be obvious from my posts I am poorly spoken and verbally deficient (that's sarcasm and not irony btw) hahahaha. Care to address my reply to you specifically itt.

Last edited by PlayaHata1; 11-07-2013 at 06:53 PM.
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11-07-2013 , 07:19 PM
Quote:
Originally Posted by capone0
What do you expect us to do when it comes to India?

We could just ignore their labor force. This seems pretty silly.

We could pay them the same wage as someone who worked in the US. This means, they likely won't be used at all. Most people would prefer an American for many services over an India like customer service or anything. So again, you'd have a problem. And if we did use them at our US wage, they would make significantly more than most of the populace that the competition would be obscene.

Honestly, right now we aren't at an equilibrium when it comes to this problem--even if it is a problem. Things are vastly better now than they were 5 years ago when it comes to this "problem." In 10 years, there might not even be this "problem" in India but instead somewhere else. It's going to exist b/c that's just how things are. When a country is underdeveloped and at the same time has a strong, educated populace--businesses are going to leverage them. And while you may think it's exploiting, for them it's a pretty great situation where they are likely doing much greater than much of the populace in their home country.

MBA programs don't ignore ethics. I took an ethics class. While it probably should be more emphasized, I doubt it's always MBAs forcing unethical issues into a company. It's not like we join an MBA program where we are programmed to do unethical things. Who knows why people are doing unethical things. Is typically to make a quick, easy buck. But it's also b/c regulation was so bad for a while especially with derivatives. I hope things are getting better.
Definitely no need to put quotes around the word problem, something like 2/3's of the Indian population are living on $2 a day?

I just don't see the need to skim profits so heavily, this is where entitlement and greed comes in to play. When you pay hard working people a livable wage it uplifts the world as a whole, creating more demand and ultimately generating more production and commerce as well as a better quality of life for all.

I think my contention that wealth polarization can and should be reversed is supported by examples of Brazil under Lula, a transformational leader who realized the damage and stagnation of economic polarization very well and reversed a lot of troubling trends within his country, albeit by a slight margin, but improvement in wealth distribution no less.

You mention derivative regulations. Hell regulation in general is a interesting topic as it is the people's(government's) way of controlling rampant abuse of the financially elite.

Do you see any irony in the fact that financial/corporate regulations are so lax in a country that is capable of constantly updating and modifying a Draconian set of drug laws?

This is clearly for a reason. Modern politicians have to be big fund raisers to succeed in their fields, a lot of their energies(15-20% of their work time I think) are directed at generating money for their campaigns. Obviously they are getting more of their money from elitists who ultimately have a undue influence on their policies that do not reflect the best interests of society as a whole.

Last edited by PlayaHata1; 11-07-2013 at 07:37 PM.
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11-07-2013 , 07:29 PM
Quote:
Originally Posted by stinkypete
so in short, what you're saying is that all those schools you brag about having been accepted to had little to do with you and everything to do with your parents. you weren't good enough to get in on your own, but you did surpass the bare minimum score to get in with rich/influential parents.
My dad was an alcoholic factory worker, but he did make more money hustling than he was paid by the factory all of which he blew on restaurants, vacations, gambling and partying(not a lot on his family) and my mom made roughly 2.5x minimum wage throughout her career.

I came from a broken, dsyfunctional home with two high school graduate parents and 4 grandparents with HS diplomas. I always felt like I was one of the few people at a top school who was actually capable of getting in on their own, but apparently you know more about this issue than me? I despise privilege and the undue influence wealthy people have over government for the sake of accumulating more wealth.
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11-07-2013 , 07:39 PM
Quote:
Originally Posted by PlayaHata1
My dad was an alcoholic factory worker, but he did make more money hustling than he was paid by the factory all of which he blew on restaurants, vacations, gambling and partying(not a lot on his family) and my mom made roughly 2.5x minimum wage throughout her career.

I came from a broken, dsyfunctional home with two high school graduate parents and 4 grandparents with HS diplomas. I always felt like I was one of the few people at a top school who was actually capable of getting in on their own, but apparently you know more about this issue than me? I despise privilege and the undue influence wealthy people have over government for the sake of accumulating more wealth.
now we're starting to get to the root of your anger and insecurities. i'd suggest talking to a shrink.
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11-07-2013 , 07:43 PM
Quote:
Originally Posted by stinkypete
now we're starting to get to the root of your anger and insecurities. i'd suggest talking to a shrink.
LOL at anger and insecurities. Literally nothing angers me, (except wealthy elitists f'ing up our world). I meditate daily and have a complex understanding of the world that fills me with a sense of joy and compassion, not anger. You are right though, I am so mad, looking out at the Pacific Ocean as I type, stretching getting ready for my tennis match, again on the ocean, lol. Signing off to play, but will be back in 1.5 hours.
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11-07-2013 , 07:48 PM
lol u mad bro
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11-07-2013 , 08:41 PM
Quote:
Originally Posted by stinkypete
lol u mad bro

Very mad now, just got thrashed by someone 1.5 times my age in less than an hour.

Last edited by PlayaHata1; 11-07-2013 at 09:08 PM.
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11-07-2013 , 09:35 PM
This thread has taken an unexpected turn toward highly entertaining.
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11-08-2013 , 12:21 AM
Quote:
Originally Posted by PlayaHata1
Reading comprehension is obviously not your strong suit.
I got a perfect score in reading comprehension on the LSAT and 99% on verbal in the GMAT. But, hey, you got a perfect math score on the SAT!
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11-08-2013 , 12:54 AM
Quote:
Originally Posted by LozColbert
I got a perfect score in reading comprehension on the LSAT and 99% on verbal in the GMAT. But, hey, you got a perfect math score on the SAT!
Congratulations, I am happy for your success and abilities. I also like Rice, excellent school that always manages to stay highly affordable. I wish you continued success in life and hope that you not only make a positive impact on the lives of others but live a happy, productive life. Obviously there are people who are extreme outliers.... and even do better than yours truly. Had to throw that last small jab in, but keep up the good work sir.
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11-09-2013 , 02:37 AM
This thread reminds me of this song so much.

A little smoothness from the Cool Ruler, Mr. Gregory Isaacs, "Material Man"

http://www.youtube.com/watch?v=ujPdwbBsAVI
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11-09-2013 , 04:21 AM
Quote:
Originally Posted by Green Plastic
just wanted to say this has been a surprisingly enjoyable read. appreciate the contributions. i wish i had something more insightful to say than the truth lies somewhere in between.
Just realized who this was. I hope you enjoyed the contributions as much as you enjoyed the small amount of money I lost to you before learning to avoid you many years ago.
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11-11-2013 , 07:37 PM
In concurrence with some others who have expressed similar sentiments, I'd like to state that I enjoyed this thread as well and I am sad now that it has appeared to end. It seems an unusual thread in that the posters here took pains to polish their writing to a high degree, and additionally there have been a number of posts near the end that consciously suggest or imply that it is in fact ending. Or anyway, the posts have gotten shorter and less contentious, like the trailing conversation of an animated dinner party.

Usually threads dealing with such weighty and philosophical topics as contained in this thread either don't end, or seem to end clumsily whereby the last comment is a continuation in midstride of some heated argument.

All this reminds me of a piece of a romantic opera, Tristan and Isolde, where the music reaches a climax that is meant to simulate orgasm and then there was a wonderful feeling of bliss afterwards as the music gradually faded out.
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11-12-2013 , 03:42 PM
Quote:
Originally Posted by Richard III
All this reminds me of a piece of a romantic opera, Tristan and Isolde, where the music reaches a climax that is meant to simulate orgasm and then there was a wonderful feeling of bliss afterwards as the music gradually faded out.
I was actually going to post and contribute more, but this site has strict policies regarding trolling and people literally can get accounts banned without an explanation so I am avoiding trolling at all cost for now.

Thanks for the articulate response Richard III. I loved how you concluded it with a classy reference to the arts, which reminded me of the beautiful subtly of classic artistic expression. Not to be a dinosaur, but so much beauty and joy is lost when culture and art is reduced to the ever increasing fast paced convenience of modern industrial thinking and practicality. But who am I to challenge artistic direction.

The classics should be alive and well as they encourage more subtlety in thinking and contemplation. Your example was excellent, as it combined something everyone in the modern world can appreciate and enjoy, the exhilaration of sex. The orgasm and post coital bliss is something we all enjoy and expressing it through classic art elevates the mind and cultivates the senses.

I was going to try and tackle a few topics I found interesting by creating threads here at 2+2, but honestly want to avoid trolling and getting banned. Two thoughts off the top of my head for threads are:


1) The Bloody Legend of Jim Brown (Lester Lloyd Coke)...Jamaican drugs, murders, and one man's bloody plight to challenge US dominance and save his people.



This thread would actually have an unbelievable amount of intellectual potential (very complex and conflicting topics galore if you are familiar with Jamaican history and drug lord culture) and we also have the inclusion of violence and drugs while contemplating deep political divides, morality, US foreign policy, wealth polarization etc.) Such a complicated figure, extremely violent, but at the same time only mirroring the violence the US was perpetuating in a more organized, less offensive way.


I actually proposed this idea as a book/movie to a creative friend in LA to pursue along with several other bio pieces of real life drug lords. Maybe the idea is jaded and trite, but I think it would ad a fresh new element of reality and complexity to the drug movie genre by basing the story on a real life person as well as real world US responses and policies. Coke was such a complex figure, but many argue his violence was a direct adoption of what he saw the US perpetuating.

Like Blow or the other popular drug movies but with a deeper more meaningful real world, historical context. With lots of excitement and violence, but a deeper discussion of US international relations, the drug war, wealth polarization, colonialism, and why this drug economy exists and has been perpetuated in the first place.

Although the book/movie would obviously have a predictable ending, it would hopefully leave the audience slightly transformed, more confused and questioning, and motivated to engage their minds and broaden their worldview. Jim Brown was such a strikingly complex figure on so many levels, but like a lot off Jamaican history and culture (the entire third world for that matter), would rather be swept under the rug in the US.


Another quick thread could be:

2) Is there a practical way to glorify academics and intellectual accomplishment to broaden their mainstream appeal?

I honestly feel that business interests at 2+2 are more concerned with getting site traffic than having deep meaningful content. Otherwise, why in the world would my post be labeled as those of a troll?

Last edited by PlayaHata1; 11-12-2013 at 04:10 PM.
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11-12-2013 , 05:16 PM
Hopefully the Harvard crowd here can respect my simultaneous appreciation of the classics and my desire to maintain a sustainable economic climate that stresses responsibility to human kind over your bottom line....you will still make enough money to spend and your life is no better with excess.

Let's give those half billion + Indians living on $2 or less (some much less) per day a little more money so that they can spend it to improve their tough lives and create more business for everyone in the process.
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11-14-2013 , 09:42 AM
Quote:
Let's give those half billion + Indians living on $2 or less (some much less) per day a little more money so that they can spend it to improve their tough lives and create more business for everyone in the process.
i am genuinely curious here. what do you think we are doing? would these vast swaths of indians be a) better off without outsourcing jobs or b) worse off? we are pretty much doing exactly what you are suggesting. yea, on the margins, i am sure practices could be improved but there are a number of people that are significantly better off as a result.

and on a lighter note:
http://elitedaily.com/news/world/gra...ication-essay/
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11-14-2013 , 08:10 PM
Quote:
Originally Posted by capone0
And a populace that is willing to work at significantly lower wages per their skill range.
Thanks for the interesting post. I'm not quoting the above to argue with you, just wanted to say that the "MBA attitude" that playa is attributing to waaaay too many people is illustrated by the above.

Willing? Try "has no choice but to."
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11-30-2013 , 04:28 PM
Quote:
Originally Posted by five4suited
Thanks for the interesting post. I'm not quoting the above to argue with you, just wanted to say that the "MBA attitude" that playa is attributing to waaaay too many people is illustrated by the above.

Willing? Try "has no choice but to."
Indeed, just a modernized form of exploitation, now that slavery and colonialism are no longer socially accepted. Easy to realize when you see all the MBA's drilling for African oil, commercial fishers depleting the oceanic resources of the third world, MBA investment bankers pushing for lax regulatory policies in the financial sector and capital gains tax cuts, while I do business with European banks in Mexico, and the world is polluted and destroyed primarily by Western businesses who are not held accountable.

A closer inspection of the contributions of MBA receipts clearly illustrates that they are more analogous to modern day slave masters than the enablers of global opportunities and business expansion. They manipulate and exploit for maximal financial extraction and gain (in fact this is the primary purpose of their degree: maximum extraction and efficiency) then act like dignified nobility when they throw a bone at a charity or social cause.
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11-30-2013 , 04:33 PM
Chomsky and Milfweed is a powerful combo?
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11-30-2013 , 04:52 PM
Quote:
Originally Posted by LozColbert
Chomsky and Milfweed is a powerful combo?
Haven't read Noam in 20 years, but definitely familiar with the weed and Milfs.

Interesting how many wives of MBA'ers I have met over the years who have that neglected feeling. I love their pillow talk ..."Work is his only priority, he neglects me, but you make me feel pretty again with so much passion and energy..."

The wives of MBA'ers, definitely a fun group of sexual repressed ladies if their husbands ever took the time to realize it. Keep neglecting them, The Dude Abides.
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11-30-2013 , 08:58 PM
Is this guy real?
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11-30-2013 , 09:40 PM
The "rich" kids persuaded administrators to install lawn furniture on campus so the "poor "students would have another setting where they could relax without spending money. How sweet. lol
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