By the Corporation, For the Corporation

The government of the U.S.A. is steadily becoming a government of the corporation, by the corporation, for the corporation. The goal is to increase profits, earning for CEOs and stock-holders. To that end we focus on immediate returns, research becomes that which is fast and produces immediate profit. Workers are an expense to be kept as productive and inexpensive as possible. Funding for programs that don’t have immediate payback on the bottom line are trimmed, those that increase profits are expanded.

This leads to all kinds of interesting fallout. Long term thinking is risky, as a corporation’s yearly profits determine it’s returns and ratings. Education is one of many things that requires long term goals. A child entering school now will not be a productive worker for ten to twenty years. That is just too far away if you are watching only this year’s bottom line, perhaps next year’s too if you are thinking ahead.

Much of our success as a country has come from our inventiveness and our education. Our pre-eminence in this area is fading rapidly and may already be lost. An article in today’s New York Times (http://www.nytimes.com/2005/11/13/business/yourmoney/13invent.html?hp&ex=1131858000&en=39c228d2051e5eb1&ei=5094&partner=homepage) on inventors and what they have to say about the current state of invention and research is disheartening, but not at all surprising to me. As a science professor at a pubic University I see a dramatic change in both the quality and expectations of students and in our support from our government. Less and less are students motivated to actually learn and gain skills, and less and less is our state government willing to support us.

Thomas Jefferson foresaw some of the problems we see now in corporate America. The gap between the rich and the poor grows and grows. Speculation and profits drive up housing costs in most parts of the country until the average family cannot afford to own. Though fortunately that is not true here, one of the cheapest real-estate markets in the country.

“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered”.
-Thomas Jefferson

What can I do? How do I instill a love of learning, an interest in innovation, a pleasure in personal skills gained through work? How can people be convinced that more money does not equal more happiness but personal achievement can?

Are there many of us who think, as I do, that our country and our public education institutions should not be run by MBA’s interested primarily in the bottom line and corporate profit, but by those who want to give something to the people?