What amazes me is they never seem to learn, even as our industry gets ready like its mighty US counterparts to go out with a begging bowl to the government for a bailout. This is possibly because they never listen. Today, even with the credit-tsunami, industry leaders and their sycophants in the finance world are all saying, "we never saw this coming". The reason is simple. The Davos-glitterati has no space for opinions from outside its gilded doors. They have no space for opinions they do not agree with - certainly, no time for discordant or inconvenient voices; the most elitist of elite clubs.
But is this not why dinosaurs too lost the battle against change? Are we now looking at 21st century’s greatest extinction stories - the death of the modern dino?
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http://www.downtoearth.org.in/editor.asp?foldername=20081231&filename=Editor&sec_id=2&sid=1
Muralidhar Rao