sokpupet
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The story of how the Koch family amassed its socialist wealth starts at the turn of the 20th century with the birth of Fredrick C. Koch. Fred was born in a tiny town in north Texas town to a Dutch immigrant and newspaper publisher. The historical record is not clear about the family’s wealth, but it appears that great-granddaddy Koch was not hurting for cash, because Fred Koch turned out to be a smart kid and was able to study at MIT and graduate with chemical engineering degree. A few years later, in 1925, Fred started up the Winkler-Koch Engineering Company with a former classmate, quickly developing and patenting a novel process to refine gasoline from crude oil that had a highe-yield than anything on the market. It was shaping up to be an American success story, where anything was possible with a bit of elbow grease and good ol’ ingenuity.
The sky was the limit—until the free market rained on Fred’s parade.
The Koch family has an image, albeit fabricated, as benevolent billionaires. . Some history of an important family in US politics:
~snip
"I could hire one-half of the working class to kill the other half." -- Jay Gould, Wall Street financier, 1886
The Koch family has an image, albeit fabricated, as benevolent billionaires. . Some history of an important family in US politics:
~snip
"I could hire one-half of the working class to kill the other half." -- Jay Gould, Wall Street financier, 1886
Before you try to disparage our sugar daddies you might take a look at yours. Do you even know where all his money came from?
George Soros - Wikipedia, the free encyclopedia
How is your name calling and dismissive comment productive or conducive to civil debate?Wow, the moonbat barking loon conspiracy site. WTH is Yasha Levine? a brief google search suggests a far left whacko nutcase
Yeah, well this thread is about the Koch's, not Soros. So what do you know about the Koch's? Did you even bother to read the OP?Before you try to disparage our sugar daddies you might take a look at yours. Do you even know where all his money came from?
George Soros - Wikipedia, the free encyclopedia
In 2007, Charles made his contribution to the body of free-market thought with an economic theory he calls Market-Based Management® (trademark protected, of course), which he lays out in a book titled the Science of Success. A Forbes reviewer seemed a bit disturbed by Charles’ overt socialist leanings, writing that the “author professes an almost Marxist faith in the ‘fixed laws’ that ‘govern human well-being.’”
"Any employee who is not creating value does not have a real job in the MBM sense of the word," Koch writes, although a worker on the assembly line might consider his weekly paycheck real enough. Failure isn't necessarily penalized, unless an employee overlooked some necessary detail or put self-interest ahead of the corporation.
Amazon.com: The Science of Success: How Market-Based Management Built the World's Largest Private Company (9780470139882): Charles G. Koch: Books: Reviews, Prices & more
"Putting his own spin on Marx, he proposes the maxim "from each according to his ability, to each according to his contribution." The Science of Success is short on concrete examples, and Koch acknowledges that implementing his Market Based Management can be difficult because of the hazy connection between, say, property rights and the day-to-day decisions of a midlevel manager in charge of a fertilizer plant. The book is especially obtuse when Koch describes his system for grading employees, a four-box "virtue and talents matrix" that balances "values and beliefs" against the skills needed to run the business.
"...Charles and David also became devotees of a more radical thinker, Robert LeFevre, who favored the abolition of the state but didn’t like the label “anarchist”; he called himself an “autarchist.” LeFevre liked to say that “government is a disease masquerading as its own cure.” In 1956, he opened an institution called the Freedom School, in Colorado Springs. Brian Doherty, of Reason, told me that “LeFevre was an anarchist figure who won Charles’s heart,” and that the school was “a tiny world of people who thought the New Deal was a horrible mistake.” According to diZerega, Charles supported the school financially, and even gave him money to take classes there....."
Just Wondrin What Happened
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