Industrialists Are Not Capitalists

but they’re all over the place, even today.

People love to throw stones at Capitalists, but it’s the Industrialists who are the problem. And they are a very different animal. I’m a fire-breathing Capitalist, and I don’t relate to these guys. Let’s throw stones in the right direction.

I’ve been working on and blogging about my next book on the Industrial Age for 18 months. The production area of the modern company has changed radically, having left the Industrial Age forty+ years ago. It’s full of clean suits and nano-technology. But the front office is still dragging its knuckles through practices developed in the 1800s for the Industrial Age.

Dilbert still reigns in the front office. And it’s largely because old-fashioned Industrialists are still in charge of the businesses.

Following is a chart from one of the chapters in the upcoming book showing the stark difference between true Capitalists, who are regularly doing great stuff, and Industrialists, who are more often up to no good. I can only find one thing they do in common (take risks), and even that is driven by entirely different motivations.

Do you work for the Industrialist on the left, or the Capitalist on the right?

If you want to work with the guy on the right, but you’re working for one on the left, get moving. Start aggressively looking for the company on the right, because they’re looking just as hard for you. They’re out there – don’t settle for less!

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