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But the financial industry is supremely pragmatic. While it may genuflect to the old icons, it invests its research dollars in the search for newer, better gods.
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Benoît B. Mandelbrot (The (Mis)Behavior of Markets)
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There is a simple marketing trick that helps teams communicate as one: generate a brand. When you start a project, come up with a name for it, ideally something off-the-wall. (In the past, we've named projects after things such as killer parrots that prey on sheep, optical illusions, and mythical cities.) ...Use your team's name liberally when talking with people. It sounds silly, but it gives your team an identity to build on, and the world something memorable to associate with your work.
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Andrew Hunt (The Pragmatic Programmer: From Journeyman to Master)
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Those words went unheeded at the time, but when Europe was rebuilt after the Second World War, the Western powers embraced the principle that market economies needed to guarantee enough basic dignity that disillusioned citizens would not go looking once again for a more appealing ideology, whether fascism or Communism. It was this pragmatic imperative that led to the creation of almost everything that we associate today with the bygone days of “decent” capitalism—social security in the U.S., public health care in Canada, welfare in Britain, workers’ protections in France and Germany. A
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Naomi Klein (The Shock Doctrine: The Rise of Disaster Capitalism)
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Now, I assume you don’t want me to cart you back to Fjerda or the Shu Han?”
It was clear Nina had finished the translation when Kuwei yelped, “No!”
“Then your choices are Novyi Zem and the Southern Colonies, but the Kerch presence in the colonies is far lower. Also, the weather is better, if you’re partial to that kind of thing. You are a stolen painting, Kuwei. Too recognizable to sell on the open market, too valuable to leave lying around. You are worthless to me.”
“I’m not translating that,” Nina snapped.
“Then translate this: My sole concern is keeping you away from Jan Van Eck, and if you want me to start exploring more definite options, a bullet is a lot cheaper than putting you on a ship to the Southern Colonies.”
Nina did translate, though haltingly.
Kuwei responded in Shu. She hesitated. “He says you’re cruel.”
“I’m pragmatic. If I were cruel, I’d give him a eulogy instead of a conversation. So, Kuwei, you’ll go to the Southern Colonies, and when the heat has died down, you can find your way to Ravka or Matthias’ grandmother’s house for all I care.”
“Leave my grandmother out of this,” Matthias said.
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Leigh Bardugo (Crooked Kingdom (Six of Crows, #2))
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The cultural Left has contributed to the formation of this politically useless unconscious not only by adopting “power” as the name of an invisible, ubiquitous, and malevolent presence, but by adopting ideals which nobody is yet able to imagine being actualized.
Among these ideals are participatory democracy and the end of capitalism. Power will pass to the people, the Sixties Left believed only when decisions are made by all those who may be affected by the results. This means, for example, that economic decisions will be made by stakeholders rather than by shareholders, and that entrepreneurship and markets will cease to play their present role. When they do, capitalism as we know it will have ended, and something new will have taken its place.
[…] Sixties leftists skipped lightly over all the questions which had been raised by the experience of non market economies in the so-called socialist countries. They seemed to be suggesting that once we were rid of both bureaucrats and entrepreneurs, “the people” would know how to handle competition from steel mills or textile factories in the developing world, price hikes on imported oil, and so on. But they never told us how “the people” would learn how to do this.
The cultural Left still skips over such questions. Doing so is a consequence of its preference for talking about “the system” rather than about specific social practices and specific changes in those practices. The rhetoric of this Left remains revolutionary rather than reformist and pragmatic. Its insouciant use of terms like “late capitalism” suggests that we can just wait for capitalism to collapse, rather than figuring out what, in the absence of markets, will set prices and regulate distribution. The voting public, the public which must be won over if the Left is to emerge from the academy into the public square, sensibly wants to be told the details. It wants to know how things are going to work after markets are put behind us. It wants to know how participatory democracy is supposed to function.
The cultural Left offers no answers to such demands for further information, but until it confronts them it will not be able to be a political Left. The public, sensibly, has no interest in getting rid of capitalism until it is offered details about the alternatives. Nor should it be interested in participatory democracy –– the liberation of the people from the power of technocrats –– until it is told how deliberative assemblies will acquire the same know-how which only the technocrats presently possess. […]
The cultural Left has a vision of an America in which the white patriarchs have stopped voting and have left all the voting to be done by members of previously victimized groups, people who have somehow come into possession of more foresight and imagination than the selfish suburbanites. These formerly oppressed and newly powerful people are expected to be as angelic as the straight white males were diabolical. If I shared this expectation, I too would want to live under this new dispensation. Since I see no reason to share it, I think that the left should get back into the business of piecemeal reform within the framework of a market economy. This was the business the American Left was in during the first two-thirds of the century.
Someday, perhaps, cumulative piecemeal reforms will be found to have brought about revolutionary change. Such reforms might someday produce a presently unimaginable non market economy, and much more widely distributed powers of decision making. […] But in the meantime, we should not let the abstractly described best be the enemy of the better. We should not let speculation about a totally changed system, and a totally different way of thinking about human life and affairs, replace step-by-step reform of the system we presently have.
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Richard Rorty (Achieving Our Country: Leftist Thought in Twentieth-Century America)
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Originality is a fetish of the people who want to control the art market and the publishing industry.
It’s also a fetich of academics, particularly the males and the old farts.
What I was really interested in was the sweating workers in the Chinese villages. It was their lives, their anonymity, their way of looking at western classics, and their purely pragmatic attitude.
I love being with those artisans and feeling their energy and their lack of self consciousness. They were not precise in any way about their works, or about their life, but they were full of heart. And at the same time they were not clinging to their achievements. They are part of the flow of life. I have come from the same culture, but I feel I cannot make this clear, or make westerners understand. The western language and mentality did not allow me to do it.
I feel I could do that in England but not here in America, where I feel I’m second class citizen not because people don’t understand Chinese culture (there are so many of us), but even after they understood it, they still decided to think we are second class citizen.
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Xiaolu Guo (A Lover's Discourse)
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10. What books would you recommend to an aspiring entrepreneur? Some quick favorites: The 22 Immutable Laws of Marketing: Violate Them at Your Own Risk! by Al Ries and Jack Trout The 48 Laws of Power by Robert Greene The 33 Strategies of War by Robert Greene Antifragile: Things That Gain from Disorder by Nassim Nicholas Taleb The Fish That Ate the Whale: The Life and Times of America’s Banana King by Rich Cohen Wikinomics: How Mass Collaboration Changes Everything by Don Tapscott and Anthony D. Williams Contagious: Why Things Catch On by Jonah Berger The Pirate’s Dilemma: How Youth Culture Is Reinventing Capitalism by Matt Mason Rules for Radicals: A Pragmatic Primer for Realistic Radicals by Saul D. Alinsky The New New Thing: A Silicon Valley Story by Michael Lewis Here Comes Everybody: The Power of Organizing Without Organizations by Clay Shirky Purple Cow: Transform Your Business by Being Remarkable by Seth Godin Eleven Rings: The Soul of Success by Phil Jackson and Hugh Delehanty Billion Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Years by Paul B. Carroll and Chunka Mui Gonzo Marketing: Winning Through Worst Practices by Christopher Locke
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Ryan Holiday (Growth Hacker Marketing: A Primer on the Future of PR, Marketing, and Advertising)
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This neo-liberal establishment would have us believe that, during its miracle years between the 1960s and the 1980s, Korea pursued a neo-liberal economic development strategy. The reality, however, was very different indeed. What Korea actually did during these decades was to nurture certain new industries, selected by the government in consultation with the private sector, through tariff protection, subsidies and other forms of government support (e.g., overseas marketing information services provided by the state export agency) until they 'grew up' enough to withstand international competition. The government owned all the banks, so it could direct the life blood of business-credit. Some big projects were undertaken directly by state-owned enterprises-the steel maker, POSCO, being the best example-although the country had a pragmatic, rather than ideological, attitude to the issue of state ownership. If private enterprises worked well, that was fine; if they did not invest in important areas, the government had no qualms about setting up state-owned enterprises (SOEs); and if some private enterprises were mismanaged, the government often took them over, restructured them, and usually (but not always) sold them off again.
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Ha-Joon Chang (Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism)
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In the EPJ results, there were two statistically distinguishable groups of experts. The first failed to do better than random guessing, and in their longer-range forecasts even managed to lose to the chimp. The second group beat the chimp, though not by a wide margin, and they still had plenty of reason to be humble. Indeed, they only barely beat simple algorithms like “always predict no change” or “predict the recent rate of change.” Still, however modest their foresight was, they had some. So why did one group do better than the other? It wasn’t whether they had PhDs or access to classified information. Nor was it what they thought—whether they were liberals or conservatives, optimists or pessimists. The critical factor was how they thought. One group tended to organize their thinking around Big Ideas, although they didn’t agree on which Big Ideas were true or false. Some were environmental doomsters (“We’re running out of everything”); others were cornucopian boomsters (“We can find cost-effective substitutes for everything”). Some were socialists (who favored state control of the commanding heights of the economy); others were free-market fundamentalists (who wanted to minimize regulation). As ideologically diverse as they were, they were united by the fact that their thinking was so ideological. They sought to squeeze complex problems into the preferred cause-effect templates and treated what did not fit as irrelevant distractions. Allergic to wishy-washy answers, they kept pushing their analyses to the limit (and then some), using terms like “furthermore” and “moreover” while piling up reasons why they were right and others wrong. As a result, they were unusually confident and likelier to declare things “impossible” or “certain.” Committed to their conclusions, they were reluctant to change their minds even when their predictions clearly failed. They would tell us, “Just wait.” The other group consisted of more pragmatic experts who drew on many analytical tools, with the choice of tool hinging on the particular problem they faced. These experts gathered as much information from as many sources as they could. When thinking, they often shifted mental gears, sprinkling their speech with transition markers such as “however,” “but,” “although,” and “on the other hand.” They talked about possibilities and probabilities, not certainties. And while no one likes to say “I was wrong,” these experts more readily admitted it and changed their minds. Decades ago, the philosopher Isaiah Berlin wrote a much-acclaimed but rarely read essay that compared the styles of thinking of great authors through the ages. To organize his observations, he drew on a scrap of 2,500-year-old Greek poetry attributed to the warrior-poet Archilochus: “The fox knows many things but the hedgehog knows one big thing.” No one will ever know whether Archilochus was on the side of the fox or the hedgehog but Berlin favored foxes. I felt no need to take sides. I just liked the metaphor because it captured something deep in my data. I dubbed the Big Idea experts “hedgehogs” and the more eclectic experts “foxes.” Foxes beat hedgehogs. And the foxes didn’t just win by acting like chickens, playing it safe with 60% and 70% forecasts where hedgehogs boldly went with 90% and 100%. Foxes beat hedgehogs on both calibration and resolution. Foxes had real foresight. Hedgehogs didn’t.
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Philip E. Tetlock (Superforecasting: The Art and Science of Prediction)
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Declan had been told a long time ago that he had to know what he wanted, or he'd never get it. Not by his father, because his father would never have delivered such pragmatic advice in such a pragmatic way. No, even if Niall Lynch believed in the sentiment, he would have wrapped it up in a long story filled with metaphor and magic and nonsense riddles. Only years after the storytelling would Declan be sitting somewhere and realize that all along Niall had been trying to teach him to balance his checkbook, or whatever the tale had really been about. Niall could never just say the thing.
No, this piece of advice--You have to know what you want, or you'll never get it--was given to Declan by a senator from Nevada he'd met during a DC field trip back in eighth grade. The other children had been bored by the pale stone restraint of the city and the sameness of the law and government offices they toured. Declan, however, had been fascinated. He'd asked the senator what advice he had for those looking to get into politics.
"Come from money," the senator had said first, and then when all the eighth graders and their teachers had stared without laughing, he added, "You have to know what you want, or you'll never get it. Make goals."
Declan made goals. The goal was DC. The goal was politics. The goal was structure, and more structure, and yet more structure. He took AP classes on political science and policy. When he traveled with his father to black markets, he wrote papers. When he took calls from gangsters and shady antique auction houses, he arranged drop-offs near DC and wrangled meetings with HR people. Aglionby Academy made calls and pulled strings; he got names, numbers, internships. All was going according to plan. His father's will conveniently left him a townhouse adjacent to DC. Declan pressed on. He kept his brothers alive; he graduated; he moved to DC.
He made the goal, he went towards the goal.
When he took his first lunch meeting with his new boss, he found himself filled with the same anticipation he'd had as an eighth grader. This was the place, he thought, where things happened. Just across the road was the Mexican embassy. Behind him was the IMF. GW Law School was a block away. The White House, the USPS, the Red Cross, all within a stone's throw.
This was before he understood there was no making it for him. He came from money, yeah, but the wrong kind of money. Niall Lynch's clout was not relevant in this daylight world; he only had status in the night. And one could not rise above that while remaining invisible to protect one's dangerous brother.
On that first day of work, Declan walked into the Renwick Gallery and stood inside an installation that had taken over the second floor around the grand staircase. Tens of thousands of black threads had been installed at points all along the ceiling, tangling around the Villareal LED sculpture that normally lit the room, snarling the railing over the stairs, blocking out the light from the tall arches that bordered the walls, turning the walkways into dark, confusing rabbit tunnels. Museumgoers had to pick their way through with caution lest they be snared and bring the entire world down with them.
He had, bizarrely, felt tears burning the corners of his eyes.
Before that, he hadn't understood that his goals and what he wanted might not be the same thing.
This was where he'd found art.
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Maggie Stiefvater (Mister Impossible (Dreamer Trilogy, #2))
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Advancing no particular theory of their own, some insist that explicit teaching of grammar, vocabulary, semantics, pragmatics, and even pronunciation is necessary because students in immersion classrooms sometimes have trouble with these features of the second language. Direct instruction, they say, is the only remedy. Such claims rely heavily on short-term studies in which older students—rarely K–12 English learners—are taught a linguistic form, such as word order, verb conjugation, relative clauses, and so forth, then tested on their conscious knowledge of the form soon after.
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James Crawford (The Trouble with SIOP®: How a Behaviorist Framework, Flawed Research, and Clever Marketing Have Come to Define - and Diminish - Sheltered Instruction)
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Markets, as human institutions, are legitimized only by their promotion of human flourishing. To sacrifice the latter to the former is neither pragmatism nor realism—it is insanity.
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Shannon Vallor (Technology and the Virtues: A Philosophical Guide to a Future Worth Wanting)
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In a capitalist economy inside money exists primarily to disperse the power of money creation away from the government and toward a market-based system in which banks compete to create money.
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Cullen Roche (Pragmatic Capitalism: What Every Investor Needs to Know About Money and Finance)
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I pretend that everyone is a paying client. I make very clear what the goal is for everyone (better marketing, more clients), and I hold myself to the standard of helping everyone create that. Whoever is feeling stuck and not seeing progress, I pretend that it's my “fault.” I pretend it's my obligation to see that every single person gets breakthroughs in ways that are pragmatic and measurable.
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Simone Grace Seol (The Fearless Marketing Bible for Life Coaches)
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Narrowness and pragmatism are characteristic of the dominant ways of thought under capitalism, where the individualism of economic man is a model for the autonomy and isolation of all phenomena, and where a knowledge industry turns scientific ideas into marketable commodities—precisely the magic bullets that the pharmaceutical industry sells people.
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Richard C. Lewontin (Biology Under the Influence: Dialectical Essays on Ecology, Agriculture, and Health)
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Certainly, all of these segments would have to accommodate some gradations: some pragmatists are more disaffected than others, while some cynics are more cynical than others. But my guess is that these five segments—connoisseurs, opportunists, pragmatics/indifferents, reluctants, and loyalists—would probably do a pretty good job of covering the bases, encompassing most of the ways that people cope with hyper-mature markets.
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Youngme Moon (Different: Escaping the Competitive Herd)
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But American capitalism was not ideologically rigid. It was never the laissez-faire laboratory of purist, principled imaginations. The strength of the system came through its pragmatism and flexibility, juggling competing and contradictory ideas, just as Carnegie did personally, and eventually finding political solutions to seemingly intractable issues, especially after the scars of the Civil War. Just as successful species adapted to changes in their environment, democracy would shape capitalism to adapt to social conditions, with compromise emerging as the best form of insurance against any risk of revolution. This middle ground, forged by the clashing interactions of capitalism and democracy, a free people acting to check free markets, would give rise to the regulatory framework that would govern its economic system.
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Bhu Srinivasan (Americana: A 400-Year History of American Capitalism)
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Daisy has a unique spirit,” Westcliff said. “A warm and romantic nature. If she is forced into a loveless marriage, she will be devastated. She deserves a husband who will cherish her for everything she is, and who will protect her from the harsher realities of the world. A husband who will allow her to dream.” It was surprising to hear such sentiment from Westcliff, who was universally known as a pragmatic and level-headed man.
“What is your question, my lord?” Matthew asked.
“Will you give me your word that you will not marry my sister-in-law?”
Matthew held the earl’s cold black gaze. It would not be wise to cross a man like Westcliff, who was not accustomed to being denied. But Matthew had endured years of Thomas Bowman’s thunder and bluster, standing up to him when other men would flee in fear of his wrath. Although Bowman could be a ruthless, sarcastic bully there was nothing he respected more than a man who was willing to go toe-to-toe with him. And so it had quickly become Matthew’s lot in the company to be the bearer of bad tidings and deliver the hard truths that everyone else was afraid to give him.
That had been Matthew’s training, which was why Westcliff’s attempt at domination had no effect on him.
“I’m afraid not, my lord,” Matthew said politely.
Simon Hunt dropped his cigar.
“You won’t give me your word?” Westcliff asked in disbelief.
“No.” Matthew bent swiftly to retrieve the fallen cigar and returned it to Hunt, who regarded him with a glint of warning in his eyes as if he were silently trying to prevent him from jumping off a cliff.
“Why not?” Westcliff demanded. “Because you don’t want to lose your position with Bowman?”
“No, he can’t afford to lose me right now.” Matthew smiled slightly in an attempt to rob the words of arrogance. “I know more about production, administration, and marketing than anyone else at Bowman’s…and I’ve earned the old man’s trust. So I won’t be dismissed even if I refuse to marry his daughter.”
“Then it will be quite simple for you to put the entire matter to rest,” the earl said. “I want your word, Swift. Now.”
A lesser man would have been intimidated by Westcliff’s authoritative demand.
“I might consider it,” Matthew countered coolly, “if you offered the right incentive. For example, if you promise to endorse me as the head of the entire division and guarantee the position for at least, say…three years.”
Westcliff gave him an incredulous glance.
The tense silence was broken as Simon Hunt roared with laughter. “By God, he has brass ballocks,” he exclaimed. “Mark my words, Westcliff, I’m going to hire him for Consolidated.”
“I’m not cheap,” Matthew said, which caused Hunt to laugh so hard that he nearly dropped his cigar again.
Even Westcliff smiled, albeit reluctantly. “Damn it,” he muttered. “I’m not going to endorse you so readily—not with so much at stake. Not until I am convinced you’re the right man for the position.”
“Then it seems we’re at an impasse.” Matthew made his expression friendly. “For now.
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Lisa Kleypas (Scandal in Spring (Wallflowers, #4))
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Libertarians aim to absolve the rich of any social responsibilities toward the rest of society. As a school of thought, libertarianism is based on three kinds of arguments. The first is a moral assertion: that every individual has the overriding right to liberty, that is, the right to be left alone, free from taxes, regulations, or other demands of the state. The second is political and pragmatic: that only free markets protect democracy from government despotism. The third is economic: that free markets alone are enough to ensure prosperity. Such
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Jeffrey D. Sachs (The Price Of Civilization: Reawakening American Virtue And Prosperity)
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The process of de-materialization of value is part of the general process of abstraction that is the general trend of capitalism. Marx’s theory of value is based on the concept of abstract labour: labour time is the source and the measure of value. This implies that, from the point of view of valorization, the concrete usefulness of the working activity is irrelevant. What counts is the abstract work–time, not the concrete contents of productive activity. In the sphere of the market, things are not considered according to their usefulness, but only in terms of their exchangeability. Similarly, in the sphere of language, words are exchanged and valued according to their performativity, that is, their pragmatic efficiency. It is not truth, but effectiveness, against which we measure value in the sphere of communication. Pragmatics, as opposed to hermeneutics, is the methodology of social communication, particularly in the age of pervasive media: when information flows are pervading every space of the public discourse and imagination, simulation takes the central place in the emanation of the shared hallucination we call the ‘world’. Signs are exchanged with signs, not with real things.
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Anonymous
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the West did not prosper in the post–World War II period by rejecting the state in favor of the market. Rather, it prospered by rejecting extremist ideologies of both Right and Left in favor of democratic pluralism: a system of governance based on a pragmatic, institutional balance among the forces of government, market, and civil society.
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David C. Korten (When Corporations Rule the World)
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Many leaders still regard the private sector with skepticism—an attitude inherited from the old “New Left.” They fear that they might lose focus or be co-opted if they partner with corporations. Some nonprofits play a corporate watchdog role and protest the excesses of capitalism and globalization—often for good reason. And a recent spate of corporate scandals hasn’t helped improve the image of business. “Among many nonprofits, there is a view that business is the enemy,” says Mike McCurry, who is on the board of Share Our Strength. On the other side of this debate, more pragmatic members of the social entrepreneurship and corporate social responsibility movements have long touted the benefits of cross-sector partnerships and of harnessing market forces for social change. They argue that companies’ bottom lines can benefit from social responsibility, while nonprofits
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Leslie R. Crutchfield (Forces for Good: The Six Practices of High-Impact Nonprofits (Jossey-Bass Leadership Series Book 403))
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Thus, in the hands of institutionalists such as Hamilton, Clark, Mitchell, and Commons, the problem became one of supplementing (rather than replacing) the market with other forms of “social control” or one of “how to make production for profit turn out a larger supply of useful goods under conditions more conducive to welfare” (Mitchell 1923a, p. 148). Although Veblen’s influence made institutionalists somewhat more critical of existing institutions than many of the previous generation of progressives, it does have to be understood that it was not Veblen alone who was the fountainhead for interwar institutionalism, but rather Veblen moderated by pragmatic and progressive views of science and social reform.
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Malcolm Rutherford (The Institutionalist Movement in American Economics, 1918–1947: Science and Social Control (Historical Perspectives on Modern Economics))
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They destroyed wolves for a host of pragmatic reasons: to safeguard livestock, to knit local ecosystems into global capitalist markets, to collect state-sponsored bounties, and to rid the world of beasts they considered evil, wild, corrupt, and duplicitous.
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Jon T. Coleman (Vicious: Wolves and Men in America (The Lamar Series in Western History))
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If you were to zoom way out and look at the six steps of my forecasting method, you would see this duality in play. It’s not a happy accident. Scientific and technological advances depend on both ingenuity and rigorous evaluation. The future of our culture—how we communicate, work, shop, play games, and take care of ourselves—necessarily intersects with the future of science and technology. Daydreaming alone won’t bring new ideas to market; ideas require process engineering and budgeting before they can become tangible. However, too much emphasis on logic and linear thinking will kill moonshots while they’re still on the whiteboard. That is why it’s important to afford equal treatment to each hemisphere, alternating between broad creative thinking and more pragmatic, analytical assessment. When executed completely, the forces are balanced, allowing for innovation while ensuring a check-and-balance system for the future.
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Amy Webb (The Signals Are Talking: Why Today's Fringe Is Tomorrow's Mainstream)
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The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction. The Korean government did not vanquish the market as the communist states did. However, it did not have blind faith in the free market either. While it took markets seriously, the Korean strategy recognized that they often need to be corrected through policy intervention.
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Ha-Joon Chang (Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism)
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Potential exporters are often stymied by their lack of knowledge on how to penetrate markets in other countries. Renner and Winget give them a pragmatic guide based on the successful efforts of others.
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G. Edward Schuh, former Senior Economist on President’s Council of Economic Advisors.
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Off I went to Boston, Massachusetts, to receive a week of training with Steve Johnson, then at Pragmatic Marketing.
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Jock Busuttil (The Practitioner's Guide to Product Management)