Rebirth of Reason

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Friday, August 7, 2015 - 1:54pmSanction this postReply

Well, of course, all over Objectivish, libertarian, and conservative blogs and websites, the analysis is pretty much the same as Ed Hudgins' was.  The reaction from the mainstream business media is more disturbing.


Forbes here ("No matter how altruistic Price’s intentions, nor how unexpected the media attention was, the departure of long-tenured and more valuable employees was actually predictable." [... according to something called "Equity Theory" not according to objective morality--MEM].)


and Forbes here also ("Entrepreneurs can learn a lot about being bold from Gravity Payments.")


A glimmer of insight came from New York Times reader quotes in the Huffington Post:

Others compared it to the bankrupt fictional firm from Ayn Rand's Atlas Shrugged:

"Gravity Payments is the 2015 version of the 20th Century Motor Company in Atlas Shrugged. With the same results," wrote one commenter under the screen-name slothb77


From that New York Times article here:

"Maisey McMaster was also one of the believers. Now 26, she joined the company five years ago and worked her way up to financial manager, putting in long hours that left little time for her husband and extended family. … A couple of days after the announcement, she decided to talk to Mr. Price.
“He treated me as if I was being selfish and only thinking about myself,” she said. “That really hurt me. I was talking about not only me, but about everyone in my position.”


"The church, I think, will stand. They'll need it."


(Edited by Michael E. Marotta on 8/07, 1:56pm)

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