Friday, June 26, 2009

[hour glass icon]

The below thought was prompted from reading this, literally thought provoking article on the current "third sector" management capitalism that is evolving in Britain and other western economies in the wake of last years financial meltdown. Maybe saying "a key" would have been more appropriate, but it definitely crystallizes in my mind a structural trick that seems to have become quite prevalent in many different places these days. Particularly things like the financial "conduits" and "structured investment vehicles" that banks used as part of their wonderfully sinister-sounding "shadow banking system" in order to off-load the responsibility (and financial accounting) of their riskiest investments. Or the US government using defense contractors (aka mercenaries) to do much of their dirty work in places like Iraq, even when they have a perfectly good, and in fact, cheaper to operate, army all of their own. Extraordinary rendition too, the outsourcing of torture, would be another excellent example. And thus "we don't torture": well strictly speaking true, as long as the "we" doesn't include those we pay to do our unpleasant tasks for us.

I don't want to overstate this case too much, the contrary impulse can also be quite strong: the desire to control and decide. Within my own company I can certainly think of multiple examples of this type of person. But the interesting thing is that these two competing impulses can easily cohabit in a single person. Prime example being George "The Decider" Bush, he of the heartfelt conviction and the disavowed result. Iraq was a good idea that struggled due to "a few bad eggs" who were left outside in the hot sun to go bad by the very people later condemning them.

Either way, I keep wondering how these companies and institutions manage to not only keep functioning but grow in size and power when so many that run them are so manifestly not wizards of management and foresight, but in fact quite normal fallible humans.  I've always been struck by how, in all my experiences in both university and work, how rare it has been to run into people in management and administrative positions who on a personal level have the knowledge and foresight that their position would indicate as a necessity. Of course we have just witnessed, with the credit crunch and sub-prime mortgage fiasco, perhaps the greatest failure of management in living memory: the point where it became clear that, indeed, those wielding great power and influence are as clueless as the rest of us when it comes to what it is exactly that we are doing with ourselves here. As we build up an institution larger and larger, it begins to function in ways that are increasingly different from the way humans interact and related on an individual level: that is, the more it becomes inhuman in its behaviour. No one is in charge and no one is responsible.

1 comment:

Anonymous said...

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Joan Stepsen
Gadget products