If "Neoliberalism" is systemic corruption under passive agreement, what's intelligent dissent in the Electricity Pact? is the complete title of this post. That text is the Third Update of the GMH blog post ¿Necesitarán los nativos digitales, un Pacto Eléctrico redefinido que no están esperando, pero les encantará?, which says:
“Find more pleasure in intelligent dissent than in passive agreement, for, if you value intelligence as you should, the former implies a deeper agreement than the latter.” -- Bertrand Russell
Thank you very much for the critique of the headnote of the homepage of the Grupo Millennium Hispaniola. I will work on the adjustment based on what has emerged since the last update.of January 11, 2009, where it was shifted from multinationals to global corporations. Today we know that what´s important is not longer scalable efficiency of global corporations but scalable learning on networks of companies, which might reduce significantly the proposal to contribute to the transformation of the island - Dominican Republic and Haiti - during the 21st century into developed countries to a much shorter horizon.So this is not about "neoliberarlism," because in practice it has emerged as NO Liberalism that have degenerated into systemic corruption, as we can reinterpret the paragraph of Steve Denning's article Vampire CEOs Continue To Suck Blood, that says: "The current situation is one of fundamental institutional failure across the whole of society. The behavioral breakdown is mutually reinforcing. Hedge funds are gambling risk-free with other people’s money. “Rats in the granary” are raking in baksheesh in massive amounts. CEOs are extracting value from their firms, rather than creating it. CFOs are systematically enforcing earnings-per-share thinking in decisions throughout their organizations. Business schools are teaching these people how to do it. Institutional shareholders are complicit in what the CEOs and CFOs are doing. Regulators pursue individuals and offer placebos but remain indifferent to systemic failure. Rating agencies reward malfeasance. Analysts applaud short-term gains and ignore obvious long-term rot. Politicians stand by and watch. In a great betrayal, the very leaders who should be fixing the system are complicit in its continuance. Unless our society as a whole reverses course, it is heading for a cataclysm." That's where the misery and inequality actually comes from.The goal of reliable and affordable electricity for everybody was what vertical integration was all about. In today's world reliability from the customer side can have two components: system reliability and self-service reliability. The combination depends on the preferences of the customer.