Monday 23 January 2012

Capitalism .. greed is good (!) ..

A real market economy ensures that greed is good - FT.com

"The market economy’s answer – that not only is no one in charge, but it is a criminal offence for anyone to seek that position – is surprising."

.. a criminal offence for anyone to seek that position .. a fallacy .. perpetuated .. wooden tongue .. monopoly ..

..yes .. they might be laws .. by the dozen .. perforated to the brim .. loopholes ahoy ..

the big fish eats small fish .. gorge everyone in sight ..mentality .. goes hand-in -hand .. with greed ..

abysmal ..bottomless greed .. potential ..far -far ..exceeds capacity ..

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Ts&Cs .. Terms and Conditions .. and within them ..the parameters .. all to a T .. to suit .. who provides the service .. emanated by greed .. and greed alone .. these are MY Terms .. these are MY Conditions .. you .. have no choice .. accept them .. at your peril .. otherwise ..tough titty .. there are more where you came from ..

.. high quality journalism .. everybody appreciates .. high quality .. and recognises FT .. for providing so ..

..would that recognition .. be .. not enough .. high quality .. requires relevant ..quality use .. daily otherwise ..gets trashed ..

.. why .. in the mind of sensibility .. an occasional reader .. be forced to buy ..additional rights ..

are the Ts&Cs associated .. with the high quality use .. or are there .. to satisfy .. greed ..

greed .. throws ..off course .. anything .. well meant to .. focuses .. on the short-term financial gain .. blind to the long-term effects ..

..greed that produces ..waste .. buy .. buy .. buy .. the mantra .. buy .. and throw it away .. who cares .. if anyone ..actually uses ..its usability ..irrelevant .. not a parameter at all .. heaps of garbage .. any kind of garbage ..inherent in greed .. intrinsic of greed ..

parameters .. in systems .. any systems at all .. are crucial .. for the systems .. well-being .. whether the systems fulfil the specifications the entities comprising the systems .. put forth ..

exceed the parameters .. set .. ignore, voluntary or involuntary, naivety implied .. the parameters set .. blind to .. and the systems go ..awry ..


"The market economy’s answer – that not only is no one in charge, but it is a criminal offence for anyone to seek that position – is surprising."

"In the words of the economists Kenneth Arrow and Frank Hahn, “the immediate common sense answer to the question ‘what will an economy motivated by individual greed and controlled by a very large number of different agents look like?’ is probably ‘there will be chaos’."

..greed .. FT .. puts up the good fight .. to win the case for capitalism .. in the minds and hearts of people ..

.. no pussyfooting .. not mincing words .. right at the most horrid of accusations capitalism is spurned with .. capitalism being scorned about .. greed .. greed is good ..

capitalism ..its crisis .. unavoidable .. as it is based upon .. one of the basest ..of human attributes ..

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