Business' come in to existence on the solid base that the entrepreneur of the business has found out a novel method to reduce costs compared to competition.
Besides the not so common aspect of technological advantage or marvel that brings a firm into a market, business' usually come into existence or exist on the ability to organize markets and labour more efficiently.
Saturday, June 14, 2008
representation of interests
Democracy allows us to get our interest expressed and represented.
However between the expression to representation there is a slip between the expression of an interest to its representation in reality.
In a democracy we have politicians represent our interests.
That is the claim, however when we think about how does a politician or a political party try and represent the interests of an entire group of people. Unless of course the group has a common interest, but given our culture backgrounds, our social status, our economic disposition we could have a variegated interest to express and to represent.
How does the politician or a political party represent this diverse interest of its patrons, I am pretty sure there is to be some differences within the same electorate.
Inevitably, our interests and desires clash and politicians are forced to choose between the general interest and the special interest. Most often it is the general interest wins. However while campaigning politicians use special interests to come to power, however once in power they realize that special interest could have an adverse impact on some sections of their electorate.
So politicians are more willing to go with general interests that please the public.
the flip side is they still maintain a self interest and pursue policies that aid their self interest while in contrast only purport an electorate's general interest.
However between the expression to representation there is a slip between the expression of an interest to its representation in reality.
In a democracy we have politicians represent our interests.
That is the claim, however when we think about how does a politician or a political party try and represent the interests of an entire group of people. Unless of course the group has a common interest, but given our culture backgrounds, our social status, our economic disposition we could have a variegated interest to express and to represent.
How does the politician or a political party represent this diverse interest of its patrons, I am pretty sure there is to be some differences within the same electorate.
Inevitably, our interests and desires clash and politicians are forced to choose between the general interest and the special interest. Most often it is the general interest wins. However while campaigning politicians use special interests to come to power, however once in power they realize that special interest could have an adverse impact on some sections of their electorate.
So politicians are more willing to go with general interests that please the public.
the flip side is they still maintain a self interest and pursue policies that aid their self interest while in contrast only purport an electorate's general interest.
Wednesday, June 11, 2008
what gets us about higher prices
I think we all realize that oil prices would head up in time.
I mean with demand outstripping supply and new demand coming in from China & India it is inevitable that energy costs would rise.
But the surprise is not that energy costs have risen, it is startling that they have risen so quickly and by so much.
Its is the pace of price rise that has got us baffled rather than the fact that energy costs have risen. It was inevitable that prices rise just as prices rise for just about everything else, and energy is another commodity that would be affected by the obvious.
Akin to the stock markets, when certain stock prices rise or dip faster than usual, there is always some rigging or horse trading involved.
And this is because the price rise can baffle most of us, but there are still a few smart ones around who know why prices rise (fall) and it would be good to consider what they are doing in times such as these.
The question is finding these smart alecs who are privy to this information.
I mean with demand outstripping supply and new demand coming in from China & India it is inevitable that energy costs would rise.
But the surprise is not that energy costs have risen, it is startling that they have risen so quickly and by so much.
Its is the pace of price rise that has got us baffled rather than the fact that energy costs have risen. It was inevitable that prices rise just as prices rise for just about everything else, and energy is another commodity that would be affected by the obvious.
Akin to the stock markets, when certain stock prices rise or dip faster than usual, there is always some rigging or horse trading involved.
And this is because the price rise can baffle most of us, but there are still a few smart ones around who know why prices rise (fall) and it would be good to consider what they are doing in times such as these.
The question is finding these smart alecs who are privy to this information.
Tuesday, June 10, 2008
the price control
What really can be controlled in today's economy.
There is regulation and management, and how much of what is really taking place out there, no one knows, I doubt the regulators and managers know in effect how much of what they see is actually the effects of regulation or management.
Maybe the effects are just incidental.
Maybe we need to refocus from effects to stimulus, we should look at managing stimuli, but then how much of what stimulus affects to render and effect. I mean in todays world everything has a bearing on everything else.
And even nothing can actually have a bearing on something.
So where is the control?
Maybe it is an illusion?
Look at oil, look at inflation...which affects every consumer in the world today.
How much of inflation can be managed or targeted, I mean we all know oil prices affect prices of almost everything today but we are yet to come up with an alternate or effective management to keep prices in range or bearable.
I guess the only thing I have control over is what time I sleep and what time I wake up. Then again do I really?
There is regulation and management, and how much of what is really taking place out there, no one knows, I doubt the regulators and managers know in effect how much of what they see is actually the effects of regulation or management.
Maybe the effects are just incidental.
Maybe we need to refocus from effects to stimulus, we should look at managing stimuli, but then how much of what stimulus affects to render and effect. I mean in todays world everything has a bearing on everything else.
And even nothing can actually have a bearing on something.
So where is the control?
Maybe it is an illusion?
Look at oil, look at inflation...which affects every consumer in the world today.
How much of inflation can be managed or targeted, I mean we all know oil prices affect prices of almost everything today but we are yet to come up with an alternate or effective management to keep prices in range or bearable.
I guess the only thing I have control over is what time I sleep and what time I wake up. Then again do I really?
Subscribe to:
Comments (Atom)
