Dialectical Egoism

I've been waiting for articles like The Rise of American Incompetence to start arriving. But Daniel Gross infers that international contempt towards American management is a recent phenomenon. Nonsense. The level of respect from both inside and outside the U.S. was much lower in the 80s and early 90s. American business climbed out of that morass thanks to Harvard professors who mapped new lexicons on top of Japanese management practices then peddled the ideas as their own.

Our economy is in for some pretty tough times but it is not a collapse of the tech bubble, stock market bubble, housing, subprime, or asset bubbles from which we need to recover. It is a bubble of hubris of which Daniel Gross's Slate article is just an early indicator of an impending and long overdue implosion.