Been checking your blog with interest from time to time & recently picked up a couple of copies of your book on your Thanksgiving sale, one of which I gave to my daughter & son-in-law for Christmas. Have enjoyed the good, practical information on both fronts. I reviewed the book on Amazon under "xxxxxxxx". So just a note of thanks.
As well, some time back as I was just starting to check out your site, I picked up a video at the library on the situation in Argentina, called "The Take", where workers took over closed factories & reopened them. Admittedly, it was done by some Canadian filmmakers that tend to be on the pink side, but it was a rather interesting look at the way some Argentinians dealt with both corrupt govt. and business owners who seemed intent on shutting everything down. I am a firm believer in the rights of the personal property owner, however from any perspective, the collapse was not a time for "business as usual".
I'd be interested in your take on "The Take". It would also be interesting to know what has happened to some of those companies in the ensuing years.
Moscow , Idaho
Hi O, thank you for your support and glad you liked my book.
I specially appreciate your Amazon review, thanks. For those of you that bought my book and liked it, a 5 star review at Amazon does help a great deal.
About “The Take” documentary, while I have recommended it and still do so as people have a better idea of what has happened here, and how ex president Carlos Menem’s (also a Peronist like Kirchner ) helped destroy the local economy, I don’t support in any way the new age socialist/communist approach by the creator, Naomi Klein and her husband.You can watch it on Youtube
Even in their website, http://www.thetake.org/, they refer to readers as “Dear Comrades”…
I don’t support communism or any of if modern revivals and off spins. I think these folks would find it enlightening to live in Cuba for a few years, on a Cuban salary.
Regarding your question. These companies don’t do well an sooner or later end up failing.
Particularly disappointing is what happened with the once famous Mahely air rifle and gun company. As a kid, having a Mahely .22 air rifle was the best thing that could happen to you. I plinked and shot countless birds with mine. Darn, that was a sweet air rifle, powerful an accurate. Mahely went bankrupt and became Cooperative Reno, run by the workers. The quality of the product went downhill fast after that. The lack of professional management is usually what causes the failure of these enterprises. Even if a capable person is managing things, communist philosophies don’t do well in business.
Its thanks to capitalism that we progress, the ability to do better for ourselves, to capitalize on our intelligence and creativity. If we can’t do that and we’re all just part of a machinery we’re no better than ants or bees. Communism is the most unnatural philosophy a rational being can embrace. Its no wonder that it fails so miserably every time. It has its uses though, the silly mass sometimes falls for it and ends up placing in positions of power people that amass great fortunes. Funny to see these authoritarian socialists, wearing expensive designer clothes, gold Rolex and thousands in gold jewelry contrasting so pathetically with their quasi communist speech.
The takeover of companies is also dangerous because of what it represents. Blur the line of what’s right and wrong and you end up with the problems we have here. People think they have the right to claim over property they don’t own. Look the other way when that happens and soon enough they are squattering in private property, demanding homes, welfare, etc.
Survival related? Of course it is, these are the problems we’re all dealing with world wide.
Watch the documentary (free on youtube) , know that its made by neo-commies, but most of all, understand what happened in Argentina. Capitalism didn’t destroy Argentina, Corruption did. And these leftist/liberal/socialists (whatever you like to call them) in the government right now are the most corrupt thieves we’ve ever seen.