Intelligence & Distribution of Economic Values
First draft 12 Jan 07
Success is a personal investment—or
what you keep betting with, as opposed to how much you sweat in
order to get somewhere.
These principles apply at all walks in the
human world without exception. They are found to be the same at
all levels of natural evolution.
To make it worse, we treat economics as an exact science when it works on the same basis as archeology, where rules are precise, and often re-invented while the digging goes on, to explain yet another part of history that didn't quite turn out.
Economic doctrines are adapted to prevailing circumstances—and so they should. Trouble happens when the formula, the value of money is what you get for your dollar, is casually regarded as the highest embodiment of what a materialistic power of wealth is all about or can do for you.The first principle of economic failure is a disregard of long-term prosperity, based on a mental attitude that anything is prosperous enough, if it lasts a lifetime.
Obviously, greed does not measure the degree of economic intelligence. If anything, it is a social crime to put these two together.
White elephant projects reflect a lack of economic imagination, rather than corruption or mismanagement.
Corporate failures and other daily fiascos the size of Trafalgar confirm what we all know but just can't integrate:
• We have too sophisticated a technology and not enough economic brains.
• We can't integrate the blatant fact, because we've grown too smart to even consider going back to school.
• It's that the gadgets we take for granted are pushing vanity keys in the street ego.
More to come...
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|Author: René Blundo
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