After 2001: Our Neotech World

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1. Dismiss all executives whose corporate actions remain on altruistic standards. Fire all nonproducers and value destroyers.
2. Increase the salaries and responsibilities of those executives who have demonstrated competence in delivering long-range financial benefits to the stockholders.
3. Establish an Industrial Philosophy Department in order to define business standards based on the principles of competitive capitalism. With capitalistic business standards defined, the Industrial Philosophy Department would then be responsible for protecting the company and its growth. How? By assuring that all short-range and long-range corporate actions were mystic-free.

If the controlling management rejects (1) dismissing value destroyers, (2) rewarding value producers, and (3) acting according to capitalistic principles, then what does that management stand for? What is the purpose of that management? Where will that management lead its company?

Injection of capitalistic principles into every phase of management will lift a company into a commanding advantage over competition while unleashing a productivity/creativity cycle that will generate continually expanding profits and rising stock values.

Without the value producer, no profitable enterprise could exist. In business, as in reality, the value producers and only the value producers earn their livelihoods. All others, no matter what their positions or apparent power within a business concern, remain on the payroll by the erroneous grace and innocent sanction of those value producers.

This document calls upon all value-producing executives to (1) inject the principles of competitive capitalism into every facet of their operation and (2) rid their company of all value destroyers in order to increase the long-range financial value of their corporation. Can this be accomplished by the few? Yes, of course. Although outnumbered and perhaps outranked, those value-producing executives can always exercise de facto control over their company because the existence of every job and the company itself depends upon them.

This document asks all value producers to exercise their potency in establishing business and industry on the objective principles of capitalism...for their own sake...for the lives and happiness of themselves, their loved ones, and all civilization. For they, the value producers, and only they, hold genuine power.

Your document gives us the fundamental principle that determines the long-range value of a corporation to its stockholders and society: All honest, long-range profits and societal values generated by business arise from the mystic-free standards of capitalism.

Your document demonstrates that in a free economy the long-term values or common-stock prices are ultimately determined by the extent that management implements the mystic-free standards of capitalism to produce evermore competitive values for society. For investors and speculators, your document provides a valid standard to predict the long-range profit growth of all businesses and their common-stock values. For businessmen and executives, your document provides specific recommendations for implementing mystic-free capitalistic standards in order to increase the value of their company. Also, your document gives us:

• A standard by which to identify those executives and employees who are genuine, long-range assets to their company.
• A standard by which to identify those executives and employees who are undermining the long-range value of their company.
• Standards for adopting a business philosophy around specific profit-oriented principles.
• Action required to expand both short-range and long-range profitability of a company.

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