7 Results in category Economics & Business

The Wild West of Self -Regulation

on 08/16/2015 - 11:26 pm

by Quenby Wilcox
They say that power corrupts, and absolute power corrupts absolutely. -- Unfortunately, this appears to be the state of affairs in countries across the globe – with all too little being done to address the underlying problems.
My blog, Empowering Women to Empower Themselves, brought up the issue of self-regulation (or rather the lack thereof) in the judiciary. The failure of ‘self-regulation’ in the legal profession, for decades on end, has created a ‘Wild West’ in the courts, where it is the outlaws and bandits who ‘rule the roost’; and where women and children are nothing more than commodities, sold to the highest bidder.
T ...

Because it Is in My Nature – said the Scorpion to the Frog

on 08/16/2015 - 08:51 pm

by Quenby Wilcox
My last blog, Equality Is Only an Illusionary Fairy-Tale touched on the refusal of government authorities to assure integrity, transparency and accountability within the courts – claiming that discriminatory, and even illegal actions, of judicial actors are “protected by judicial independence,” and “judicial prerogative.”   
Not only is this contention ridiculous, but it is dangerous. As Victoria Jennett states in The Relationship between Human Rights and Corruption, (Family Courts in Crisis, 2/14), “Lawyers have a role in protecting the independence and enhancing the accountability of the judicial system. They can also re ...

The Secret to Successful Networking

on 08/16/2015 - 04:14 pm

by Quenby Wilcox
Networking websites such as Facebook & Linkedin and many others on the Internet have brought much attention to the existence and importance of networking; with some people even contending that facebook ‘invented’ networking. However, networking is nothing new, it has been around since the beginning of mankind.
Networking is used by people everywhere – by business men & women, by entrepreneurs, by politicians & lobbyists, by lawyers, judges & other judicial actors, by doctors & healthcare professionals, by journalists, by clergymen, by moms & homemakers, by bureaucrats & civil servants, by those involved in organized crime ...

The Power of Women in the New Global Economy

on 08/16/2015 - 03:14 pm

The 1980’s were characterized by mergers and acquisitions with corporate raiders, financial institutions and the legal profession raking in big bucks in the wake they left behind. The idea behind these M&A’s was to produce economies of scale, and thereby efficiencies in industries and markets. But, in reality what was produced were monolithic companies plagued with bureaucratic inefficiencies, which in turn lobbied governments to deregulate industries and convince regulatory agencies to turn a blind-eye to unethical, and at time illegal, conduct of corporate executives. Then, in the 1990’s the concept of ‘too big to fail’ was born, with populations across th ...

The 70/90 Rule & the Principle of Due Diligence

on 08/16/2015 - 01:48 pm

by Quenby Wilcox
It used to be that within the courts one had to provide a ‘smoking gun’ level of proof; that is to say, demonstrate ‘bad faith’ or ‘intent’ in criminal and civil tort cases. However, in the past few decades ‘due diligence’ has increasingly become popular, not only in the courts, but in every industry and profession. Due diligence, broadly defined is the minimum level of effort that a ‘party’ must exercise in the execution of their responsibilities or obligations – with all too many it appears, putting the bar very low in determining ‘minimal level of effort’.
For this reason, the ‘due ...

Ideological Problems Plague Our Nation’s Capital

on 08/16/2015 - 12:39 pm

by Quenby Wilcox
“An ideology is a conceptual framework with the way people deal with reality. Everyone has one. You have to -- to exist, you need an ideology. The question is whether it is accurate or not….” These were the resounding words of Alan Greenspan in his testimony to the Congressional Committee on Oversight and Government Reform in October 2008.
Congressman Waxman’s chilling response was “In other words, you found that your view of the world, your ideology, was not right, it was not working?...”
Unfortunately, it is not just Greenspan, who has been living in a ‘bubble of false reality’ for all too many decades. It is the ent ...

Bullying in the Work-place and Its Consequences

on 08/16/2015 - 12:21 pm

by Quenby Wilcox
The Internet is full of advice on how to be successful in the workplace. How to develop one’s social skills; what to say, what to do, what to wear, what not to say, what not to do, what not to wear… All of this advice focuses on what the employee needs to do to adapt to his or her workplace. What all of this rhetoric fails to recognize or acknowledge is to what extent the environment of the workplace affects one’s efforts, productivity, and career, as well as the productivity of the organization as a whole.
The 1970s and ‘80s were characterized by combatting sexual harassment in the workplace, with the popular TV show Mad Men bringing hom ...