Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now


Sears’ Lampert: Time To Put Down Ayn Rand

Sears’ chairman/CEO Eddie Labpert reportedly embraces an Ayn Rand-like management style in which division silos and their senior managers are forced to fight it out for diminishing resources. It doesn’t appear to be working.

“Nothing proves the bankruptcy of libertarian principles as articulated in the world of Ayn Rand like Eddie Lampert’s Sears empire. According to Bloomberg News, Sears is hurtling toward bankruptcy, mostly because Lampert pits executives against one another in a dog-eat-dog world intended to make them fight for resources and funding.”

Read More at Crooks and Liars