[Ailist] Industry Week article

Bruce Elkin bruce at bruceelkin.com
Fri Nov 6 18:28:42 MST 2009


> http://www.industryweek.com/articles/katadyn_bucks_trend_chooses_manual_labo
> r_over_automation_20353.aspx
> 
> I know that such a publication will rarely get a mention on the list but I
> thought the contents of the article might be intriguing to some. In 'Small
> is Beautiful ' E F Schumacher proposes that it is socially more productive
> for industry to employ people rather than to maximize profits. This company
> seems to be doing both by considering whether globalization, extended supply
> chains and the IT systems required to support the current manufacturing
> trend is actually is beneficial and cost effective.

 Excellent article, Roger. And a great idea. Europeans have a much more
evolved sense of the business of business. Example: regs in Scandinavian
countries limiting CEO¹s salaries to +/- 20 times the lowest paid workers.
And most are satisfied with their $3 or 4 hundred thousand dollar salaries.
Imagine floating that on Wall St.

Cheers!
Bruce
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