>> I’m a free marketeer. I believe that voluntary exchange is not just a good method of incentivizing people to provide their labor and talents to society, but a robust moral system — goods and services represent tangible benefit to people, market prices represent the true value of goods in society, and wages represent the value that a worker provides to others. Absent negative externalities or monopoly effects, a man receives from the free market what he gives to it, his material worth is a running tally of the net benefit that he has provided to his fellow man. A high income is not only justified, but there is nobility to it.

This author is thoroughly analytical, and explains in such good detail why consulting is the work of the devil. Yet, he doesn’t apply any of that to the tenets of American Free Market Capitalism, which proved over and over to be the enabler of both the business model he’s decrying, and the end reason for most of his misery.

This, ladies and gentlemen, is how efficiently capitalism is able to self-preserve itself. Free market as a framework for the definition of value has proven to create distorsions and inequalities never before seen in society, but we still gotta drink the cool aid because… because there just nothing better than free market and it’s a dogma!

So the criticism stops at BCG, and not at the freaky system that made BCG possible.