Civility and work

A book recently published by Richard Sennett discusses the atmosphere of the typical 1970’s workplace in the UK.  Work was often hard and boring, sometimes dangerous; the bosses were frequently bullies, and the workers stuck together against the bosses.  Notwithstanding this companies were held together by what he calls the social triangle of management, workers …

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Gambling without knowing it

Today I received  a Summary Prospectus for an investment  made some months ago.   I was never told that I was  buying a fund partly consisting of derivatives (or maybe I didn’t read the yawn-inducing small print – quite possible) .  Since the financial services people didn’t understand derivatives  and derivatives nearly sank the economy, what …

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Olympics? Bah!

Warships armed with guided weapons nearby;   33,000 “security” men surrounding the site;  blocked roads; officials whisked like Kremlin apparatchiks through red traffic lights while locals fret in traffic jams; residents asked to leave the city;  and now panic about the inability of the city’s main airport to handle a fraction of the visitors expected?  …

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