That is what Karl Marx believed.
Corollary: Can government create jobs?
For a long time, we have heard that capitalism is the “right” philosophy. Government has no business telling people what to do.
I believe(d) that. Then, why is western world changing? Why is governments trying to create jobs? do they think capitalism failed? Are investors no longer capable of creating jobs?
What is wrong?
What is wrong is, we no longer can endure pain. The western world is too used to getting lifestyle (and resources) as birth right. We even want our survival as a right (no longer, you need to work to survive). Ha!
We are not God (if it exists). We are born to persevere. We are born to learn and achieve freedom by working hard and smart. Nothing is our birth right. Our society provides us the luxury of learning and other freedom and that is why we all have freedom. But that is humanity, not earnt! That is human largesse. That is the only give away we should be reliant upon.
We have to earn the rest.
We create job the hard way. When somebody needs a service, a job can be created. West should leave the capitalism to work and let the jobs be created.
Right now, at least in US, there is a huge overhead of taxes and other entitlements on the job creators that jobs are not being created. (How many of you had spent hours waiting for continental representative to ask simple questions, I would have easily paid some money to be able to do that). Reason: hiring the extra representative is too expensive..
There are needs. There are unemployed. And, that is where the government comes in. Create and enforce rules which provide people certainty in their interactions. The jobs will come.
Current economic meltdow -- I am sorry, we (out of imperfection of capitalism) created so many jobs where people are out there to fool others. Their jobs should be eliminated. At least, that is what capitalism is telling. They don’t want to accept that and unfortunately so does their government. Funny thing is that these people are in both main street (people who overstretched), but also on wall street (they seem to have overstretched as well : but, less accepting to coming reality).
Who are the hard working people who can be the answer? I wish I know. I would like to bet on them. But, they are there and will provide us the direction.
Thursday, August 18, 2011
Wednesday, August 10, 2011
Buy Growth and get value free
What is growth?
I thought growth is an outcome (or output), not an input. If FED thinks that they can induce growth by printing money, then GOD help us.
Growth comes from improving efficiency. By coming up with better way of fulfilling our lives. Not by producing more, or consuming more.
America and the western world forgot the value of productive work. Everybody wants to enhance their lives by fooling somebody else, as opposed to helping somebody else.
The financial crisis of 2008 look distant. We are already seeing the new crisis. There are so many of us whose skill set are proving useless. How many of us are willing to acknowledge that. How many of us are looking beyond the glass and ask, can I do better (as opposed to, why am I stuck because I know only this much?). The group of people in this category will only grow.
My nephew told me that it is looking scary. Indeed it is scary. Who knows if London riots evolve into something sinister. What are we doing about this. 9/11 and follow on events brought down the world to its knees. So, hatred is winning.
What is the answer? Optimism. Sure. I am an optimist. I believe in GOD and creativity of human beings. I guess that is where it stops. Believing is something and wishful thinking is another. We need somebody/something to help us provide growth.
I don’t consider FB, Google, and apple to be those people. There are many reasons why they have their own shortcomings. We need more than that. We need people to take charge in a better way than democracy. We need a superior system.
Or may be some retailer in Las Vegas will say "Buy growth get value free".
The best one I heard. If we have growth in America, then it will increase employment, taxes... and it will solve the problems.
So, growth is available to buy? Can we buy it?
PS: I wrote this couple of days ago. So, it may look a little stale already. I still thought it is is worthwhile publishing this.
I thought growth is an outcome (or output), not an input. If FED thinks that they can induce growth by printing money, then GOD help us.
Growth comes from improving efficiency. By coming up with better way of fulfilling our lives. Not by producing more, or consuming more.
America and the western world forgot the value of productive work. Everybody wants to enhance their lives by fooling somebody else, as opposed to helping somebody else.
The financial crisis of 2008 look distant. We are already seeing the new crisis. There are so many of us whose skill set are proving useless. How many of us are willing to acknowledge that. How many of us are looking beyond the glass and ask, can I do better (as opposed to, why am I stuck because I know only this much?). The group of people in this category will only grow.
My nephew told me that it is looking scary. Indeed it is scary. Who knows if London riots evolve into something sinister. What are we doing about this. 9/11 and follow on events brought down the world to its knees. So, hatred is winning.
What is the answer? Optimism. Sure. I am an optimist. I believe in GOD and creativity of human beings. I guess that is where it stops. Believing is something and wishful thinking is another. We need somebody/something to help us provide growth.
I don’t consider FB, Google, and apple to be those people. There are many reasons why they have their own shortcomings. We need more than that. We need people to take charge in a better way than democracy. We need a superior system.
Or may be some retailer in Las Vegas will say "Buy growth get value free".
The best one I heard. If we have growth in America, then it will increase employment, taxes... and it will solve the problems.
So, growth is available to buy? Can we buy it?
PS: I wrote this couple of days ago. So, it may look a little stale already. I still thought it is is worthwhile publishing this.
Tuesday, March 1, 2011
Money vs Environment
What is money?
Simple question for some of us naive people. What is money?
If money is piece of paper, printing more is a good idea. Everybody can have some.
Wait! German learnt the hard way. It causes inflation.
So, why is all feds of the world printing more?
They are worried about deflation. They say! They need to "inflate". They need to utilize the "current exceess capacity" in the economy. They can do that, if they print money, distribute it. So that, everybody else can buy more milk, bread. So, instead of throwing milk away (excess capacity), you can use it.
What a noble thought!!!!
What is wrong with this?
Well, that is what socialism is. So, what was wrong with socialism? Why did USSR fail? Why did China abandon communism?
If we get free food, what do you think we will do. We will produce more population! Create more misery in the future. Create USSR, and fail!
More population means more resource consumption. That means more oil, food, metals and more of everything.
What suffers? Environment. So, wait... Am I suggesting that printing of money is going to create environmental issues?
Tell me where did I get it wrong!
Simple question for some of us naive people. What is money?
If money is piece of paper, printing more is a good idea. Everybody can have some.
Wait! German learnt the hard way. It causes inflation.
So, why is all feds of the world printing more?
They are worried about deflation. They say! They need to "inflate". They need to utilize the "current exceess capacity" in the economy. They can do that, if they print money, distribute it. So that, everybody else can buy more milk, bread. So, instead of throwing milk away (excess capacity), you can use it.
What a noble thought!!!!
What is wrong with this?
Well, that is what socialism is. So, what was wrong with socialism? Why did USSR fail? Why did China abandon communism?
If we get free food, what do you think we will do. We will produce more population! Create more misery in the future. Create USSR, and fail!
More population means more resource consumption. That means more oil, food, metals and more of everything.
What suffers? Environment. So, wait... Am I suggesting that printing of money is going to create environmental issues?
Tell me where did I get it wrong!
Subscribe to:
Posts (Atom)