I do think that American exceptionalism is rooted in the mobility of the society, and everyone's respect of society. It's important to ensure that is being addressed in the public debate. There are plenty of issues around the influence of money, power and influence that disturb me, and so plenty to argue about in any article in press.
But I do think that if public discourse focuses too much on redistributing the wealth result, it's a slower moving economy and society.
Agreeing with the end result of the first article, I believe that the state and cost of education in America is a much bigger threat to future growth and exceptionalism.
Then I think it really important to have business thinkers such as Porter call clearly for what business should do, respecting society, or the 'commons', because it absolutely makes sense.
Stop beating up the rich - The Term Sheet: Fortune's deals blog Term Sheet
"So the question is, How do we reboot an education system for a 21st-century workforce?....Last year's unemployment rate among the college educated was 4.9%; among those with advanced degrees, it drops to 2.4%. For those with high school diplomas it was 9.4%, and for those without, 14%... Something is wrong when 3 million job openings are going unfilled, and companies complain they can't find the right workers with the right skills...Mobility, in the form of equal opportunity rather than equal outcomes, is rooted in the very idea of America -- and that's where the public conversation over inequality needs to head."
What business should do to restore competitiveness - Fortune Management
But I do think that if public discourse focuses too much on redistributing the wealth result, it's a slower moving economy and society.
Agreeing with the end result of the first article, I believe that the state and cost of education in America is a much bigger threat to future growth and exceptionalism.
Then I think it really important to have business thinkers such as Porter call clearly for what business should do, respecting society, or the 'commons', because it absolutely makes sense.
Stop beating up the rich - The Term Sheet: Fortune's deals blog Term Sheet
"So the question is, How do we reboot an education system for a 21st-century workforce?....Last year's unemployment rate among the college educated was 4.9%; among those with advanced degrees, it drops to 2.4%. For those with high school diplomas it was 9.4%, and for those without, 14%... Something is wrong when 3 million job openings are going unfilled, and companies complain they can't find the right workers with the right skills...Mobility, in the form of equal opportunity rather than equal outcomes, is rooted in the very idea of America -- and that's where the public conversation over inequality needs to head."
What business should do to restore competitiveness - Fortune Management
"We're at a turning point for American business and for America. Our competitiveness is declining while trust in business erodes. Those developments are not independent. With companies moving operations abroad as the business environment weakens, and reporting strong profits even as opportunities for Americans diminish, a dangerous dynamic emerges that shows itself in America's dysfunctional political discourse. Trust in business declines, U.S. policies turn against business, companies leave America, and trust erodes further.
Business has contributed to the problem by underrating the importance of the commons. In failing to revitalize their U.S-based operations and communities, companies are undermining their own opportunities for productivity and growth.
It's time for business to lead in restoring U.S. competitiveness rather than wait for Washington. More and more companies are seizing opportunities to restore the commons in ways that power their own success. As business steps up to this broader role, it will turn the tide of cynicism that threatens the very core of America's prosperity."
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