Jay-Z's discography is marked by sequels to albums that perhaps didn't need one. Vol. 3…Life and Times of S. Carter was great, but I think that Vol. 19…Lifetime Miniseries about Vol.2…Hard Knock Life was probably going too far. Nevertheless, I am happy to report the second iteration of Five Quadrants. Once again, the aim is to highlight business school pretention and arrogance.
During a discussion regarding women's rights:
"Capitalism is the greatest source of social progress."
The plight of ambitious women in countries where women are not traditionally seen in executive positions was being discussed. The speaker was not highlighting capitalism's notable strengths – such as allocating resources efficiently or generating wealth and jobs. Rather, he meant that if women in oppressed countries were able to practice the Dennis Kozlowski style of capitalism, they would be able to affect social progress.
Obviously, the notion is not without historical precedent. Martin Luther King's hedge fund, Mountaintop Capital LLC, was largely responsible for most of the civil rights movement. Plus, Gandhi was an LBO king and Mother Teresa securitized mud in Calcutta for years.
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