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(CNBC) Interesting How to succeed in business. Uh oh, Americans aren't going to like this one   (cnbc.com) divider line 36
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4532 clicks; posted to Business » on 30 Nov 2011 at 11:54 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



36 Comments   (+0 »)
   
 
2011-11-30 10:31:05 AM
Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.
 
2011-11-30 10:42:39 AM
whew, for a second I thought it was going to explain how to make secret kickbacks to the lawmakers in DC. You can't buy a favorable vote unless you give IPOs and insider trading hints to Pelosi, Reid and the rest of the crooks.
 
2011-11-30 10:43:55 AM
tl;dr
 
2011-11-30 11:26:15 AM
Your life long membership is free,
Keep a-giving each brother all you can.
Oh, aren't you proud to be in that fraternity,
The great big brotherhood of man?
 
2011-11-30 11:50:23 AM
ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

Wow. Keep telling yourself that, Jimbo...
 
2011-11-30 11:55:55 AM
gopher321: ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

Wow. Keep telling yourself that, Jimbo...


Your riposte would be more compelling if it consisted of anything more than "nu-uh!"...
 
2011-11-30 11:58:22 AM
gopher321: ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

Wow. Keep telling yourself that, Jimbo...


Innovation is dependent on money being used for fruitful R&D. America has shown that religious dogma and greed will trump that every single time. By giving up stem cell research in such a manner, America has given up on the future all because some biblebeaters biatched too much about it because it interferes with their creation myth.

Innovation does make a country strong. But America no longer holds that title.
 
2011-11-30 12:01:44 PM
I like it.


/Happily and gainfully self employed.
 
2011-11-30 12:05:12 PM
No one? Really? Ok, I got it:

1.bp.blogspot.com
 
2011-11-30 12:10:03 PM
ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

The next decades will make you eat your words. Yes, they've not been as powerful or productive in the past, but NOW they're on track to eclipse us within years. The only thing in business more dangerous than bad policy is complacency and hubris.
 
2011-11-30 12:14:07 PM
ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

Innovation is not the primary factor in a successful business.
 
2011-11-30 12:46:55 PM
ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

Or they just make a boatload of money making other people's innovations smaller, lighter, less complicated, more marketable or any combination of the above. Works great for Apple.
 
2011-11-30 12:51:55 PM
DNRTFA, can somebody summarize it?
 
2011-11-30 01:17:38 PM
I read the article title before I closed the tab. Does that count?
 
2011-11-30 01:28:25 PM
Shake says that books is from the devil, and that TV is twice as fast.
 
2011-11-30 01:36:12 PM
I'm not sure if we should really strive to emulate India.
 
2011-11-30 01:41:12 PM
Who said that We need a Leader, not a Reader???

Oh yeah, that very successful ex-CEO of Godfather's Pizza.
He should know better than us.
 
2011-11-30 01:49:46 PM
LasersHurt: ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

The next decades will make you eat your words. Yes, they've not been as powerful or productive in the past, but NOW they're on track to eclipse us within years. The only thing in business more dangerous than bad policy is complacency and hubris.


Oddly enough, I heard that exact same thing in 1980. Still waiting.
 
2011-11-30 01:52:16 PM
ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.


Here are some misconceptions you have.

- American exceptionalism : America is innovative because of freedom.
- Innovation is cultural - innovation is about having people working in the factories and labs trying to make it better and faster.
- They haven't given us anything in the last 100 years so then won't in the next 100.
 
2011-11-30 01:58:29 PM
mr0x: ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

Here are some misconceptions you have.

- American exceptionalism : America is innovative because of freedom.
- Innovation is cultural - innovation is about having people working in the factories and labs trying to make it better and faster.
- They haven't given us anything in the last 100 years so then won't in the next 100.


Sorry, but innovation *is* a cultural phenomena, which is why American exceptionalism thrives even in the shiatty environment we find ourselves in today. And, coincidentally, this is also why the Indians and Chinese will not be able to innovate even in the next 100 years - its anathema to their culture.
 
2011-11-30 02:06:51 PM
Guntram Shatterhand: gopher321: ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

Wow. Keep telling yourself that, Jimbo...

Innovation is dependent on money being used for fruitful R&D. America has shown that religious dogma and greed will trump that every single time. By giving up stem cell research in such a manner, America has given up on the future all because some biblebeaters biatched too much about it because it interferes with their creation myth.

Innovation does make a country strong. But America no longer holds that title.


The first point about stem cells is wrong. Adult stem cells are creating treatments and cures, Embryonic Stem cells, which involve the destruction of human embryos, (it's that word human that has many people upset), have successfully treated or cured exactly ZERO diseases.
 
2011-11-30 02:07:36 PM
ignatiusst: The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it).

gopher321: Wow. Keep telling yourself that, Jimbo...

ignatiusst is correct. India and China are going nowhere fast because while they have shown they can produce, their very culture does not reward innovation or critical thinking. They're only big boys now because they've found ways to ride first-world coattails. Sustained domestic demand will make sure their economy won't go back to where it was, and that's just fine, but they're not going to surpass the U.S. so much as decline with us.

But as Guntram Shatterhand says, we're not going to lead the world for long, either. America's got full-blown cases of anti-intellectualism and imperial complacency. I mean, hell, they're trying to get NASA gutted over an amount of money less than what the country spends for a single week of football.
 
2011-11-30 02:13:18 PM
mr0x: American exceptionalism : America is innovative because of freedom.

America is innovative because it's innovative. Japan is a conformist society and they innovate as well. Somalia is a libertarian's paradise and they don't innovate for shiat.

mr0x: Innovation is cultural - innovation is about having people working in the factories and labs trying to make it better and faster.

What drives innovation is a system of rewards and incentives. Patent law, for example. China has none. You invent something, everyone in your neighborhood will steal the results of your hard work. So there is no incentive to do anything but show up for work and do exactly as you're told.

I won't say China will never grow out of its problems, so I won't be as foolish as to place bets on what they'll look like in 100 years. However, their current culture simply isn't set up to lead, so their foreseeable trajectory is to sink or swim with the U.S.
 
2011-11-30 02:25:25 PM
Well if it's by reading Mein Kampf, they would probably be better off doing something else. That and anything by Ayn Rand.
 
2011-11-30 02:59:51 PM
America is the largest book market in the world. Maybe we don't read the most per capita, or maybe we do (couldn't immediately locate credible info) but we certainly buy a farkton of books.

Link (new window)

But factual headlines don't go green...good job subby.
 
2011-11-30 03:07:16 PM
I don't mind reading books, but I refuse to read Fark articles.
 
2011-11-30 04:19:14 PM
1. Hire illegals
2. ???
3. Profit?
 
2011-11-30 04:57:40 PM
dragonchild: mr0x: American exceptionalism : America is innovative because of freedom.

America is innovative because it's innovative. Japan is a conformist society and they innovate as well. Somalia is a libertarian's paradise and they don't innovate for shiat.

mr0x: Innovation is cultural - innovation is about having people working in the factories and labs trying to make it better and faster.

What drives innovation is a system of rewards and incentives. Patent law, for example. China has none. You invent something, everyone in your neighborhood will steal the results of your hard work. So there is no incentive to do anything but show up for work and do exactly as you're told.

I won't say China will never grow out of its problems, so I won't be as foolish as to place bets on what they'll look like in 100 years. However, their current culture simply isn't set up to lead, so their foreseeable trajectory is to sink or swim with the U.S.


The real reasons that India and China don't innovate more is because they don't have laws that protect and encourage innovation. Why bother making an effort to invent a system or process that your competitor will just steal from you? As much as everyone likes to b*tch and complain about American IP law, it really is part of the foundation for this country and has been a major contributor to our success.

China and India are just now starting to realize that, and are a long way from enforcing anything. However, if they do improve their capacity for innovation, improving their IP laws (and enforcement) will surely be a major reason for their success.
 
2011-11-30 06:34:48 PM
ignatiusst: mr0x: ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

Here are some misconceptions you have.

- American exceptionalism : America is innovative because of freedom.
- Innovation is cultural - innovation is about having people working in the factories and labs trying to make it better and faster.
- They haven't given us anything in the last 100 years so then won't in the next 100.

Sorry, but innovation *is* a cultural phenomena, which is why American exceptionalism thrives even in the shiatty environment we find ourselves in today. And, coincidentally, this is also why the Indians and Chinese will not be able to innovate even in the next 100 years - its anathema to their culture.


They don't have to innovate, all they have to do is steal. You'll find a large amount of technology is manufactured in Asia. Who benefits from innovation if it is manufactured in Asia.
 
2011-11-30 06:50:31 PM
dragonchild: mr0x: American exceptionalism : America is innovative because of freedom.

America is innovative because it's innovative. Japan is a conformist society and they innovate as well. Somalia is a libertarian's paradise and they don't innovate for shiat.

mr0x: Innovation is cultural - innovation is about having people working in the factories and labs trying to make it better and faster.

What drives innovation is a system of rewards and incentives. Patent law, for example. China has none. You invent something, everyone in your neighborhood will steal the results of your hard work. So there is no incentive to do anything but show up for work and do exactly as you're told.

I won't say China will never grow out of its problems, so I won't be as foolish as to place bets on what they'll look like in 100 years. However, their current culture simply isn't set up to lead, so their foreseeable trajectory is to sink or swim with the U.S.


I strongly disagree with your analysis of what drives innovation. Innovation is driven by people from different backgrounds and different ways of looking at things coming together to complain about their work problems. Someone looks up and says "Oh, just do such-and-such," because he already encountered a similar problem in the course of his work, but didn't realize it could be useful outside of his niche. What got the US so innovative was because every civilized country was dumping misfits with many different skillsets here, and they started mixing. They retained their distinctiveness enough to see problems in different ways, but slowly made social connections that brought those valuable new perspectives into the ideas marketplace.

India could theoretically challenge us, I don't think they are going to go bust like China is. However, their rigid social rules prevent much of the mixing that I think is necessary to innovation. I think that most of their top innovators wind up going to school in places like the US, and find ways to stay here. Engineers, doctors, researchers of all stripes... We also train quite a few Chinese, and many of them want to stay in the US as well (except the state has a virtual gun to their families' collective temple). We have a positive "brain drain" going on from what should be our biggest competitors, and their very different viewpoints help spur more innovation here.
 
2011-11-30 06:59:20 PM
BolloxReader: Innovation is driven by people from different backgrounds and different ways of looking at things coming together to complain about their work problems.

Something tells me you've only lived in this country. You take an awful lot of things for granted.
 
2011-11-30 07:04:19 PM
Ya, but we still got them in math, right guys?
 
2011-11-30 08:06:52 PM
ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

There are two things that are sufficient conditions for a country to have success in business:

1. Access to plentiful resources within one's territory
2. If not 1, then the desire and capability to steal, extort, or otherwise plunder (rent, arbitrage, fraud) those resources from other areas

That's it. That's the way it's always worked, with little exception. "Innovation" is one of those myths used to perpetuate the concept of American Exceptionalism.

What drives the development of new products is unsatisfied demand. What the US has been better at than other countries is the manufacture of illusory demand (through the marketing/propaganda industry). China and India don't innovate more because they are millenia-old civilizations that, save for political intrigue, have been essentially stable until the introduction of Western technology, particularly in food production and medicine. There's no demand for innovation, so you don't see innovation; you see the copying of Western technologies that they think they can sell to the rest of the world. In the domestic market, people buy things that they don't necessarily need, but think might be useful or desirable anyway after having seen them.

Western civilization has been essentially unstable for centuries, at a constant state of warfare and perceived threat. The creation of new technology has primarily centered around that reality, from the invention of the steam engine to drain mines for the precious metals used to finance wars, to the Internet.
 
2011-11-30 08:58:46 PM
Flash_NYC: Guntram Shatterhand: gopher321: ignatiusst: Apparently, it is by stealing copyrights and under-cutting manufacturing costs. I don't think America has anything to worry about from India (or China) from the business sector. The Indians and Chinese lack what is really necessary for success in business: Innovation. America has it, they don't, and they don't seem capable of acquiring it (unless they steal the secret formula and reverse engineer it). I honestly can't think of a single, marketable innovation either country has contributed to the world in the last 100 years.

Wow. Keep telling yourself that, Jimbo...

Innovation is dependent on money being used for fruitful R&D. America has shown that religious dogma and greed will trump that every single time. By giving up stem cell research in such a manner, America has given up on the future all because some biblebeaters biatched too much about it because it interferes with their creation myth.

Innovation does make a country strong. But America no longer holds that title.

The first point about stem cells is wrong. Adult stem cells are creating treatments and cures, Embryonic Stem cells, which involve the destruction of human embryos, (it's that word human that has many people upset), have successfully treated or cured exactly ZERO diseases.


Stem cells are a technology in the early stage of development so arguing against embryonic research on the basis that it hasn't generated a treatment yet is stupid. Besides that, you can potentially learn a lot from the research even if you never get a workable treatment.
 
2011-11-30 11:47:38 PM
I'd love to write a thousand word rant about how every school in every country is trying to produce the same product which means you're all farked if you try to compete by fitting into the same types of preplanned and preworked jobs which require no creativity and in fact penalize individuality.

There, I just saved 960 words. I can get back to something really important, like masturbating.

/I wonder what the Evernote Clearly plug in does to a porn site.
 
2011-12-01 12:41:08 PM
FTFA: Mr. Bagchi hopes to get teenagers interested in business, partly by using fictional anecdotes, including boy-meets-girl stories.

"Wow, Joey, I've never seen a start-up that massive!"
"That's nothin', Susie. Wanna see my initial stock offering?"
 
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