Peter E. Pflaum - Golden Globe -
The Synergy Network
Wiredbrain home site Pflaump@wiredbrain.com
RE: Shadow Prices, shadow values:
Economics is the study of human activity. Historically the
first question was about wealth. (
The Wealth of Nations).
Spain had great "riches" from the Andes. "Riches" were not
wealth.
The importation of gold created a confusion between
wealth and money. (and inflation) Wealth is productive
capacity. Production creates riches, but productive capacity
produces wealth. P and PC P = the golden egg (riches) PC =
a magic goose = productive capacity. (Covey, Seven Habits of
Effective People)
Now if you look long term - very long term the productive
capacity means taking care of your goose. If you kill the
goose, for short term profits you loose both riches and
wealth.
The second economic question had to do with distribution
(Das Capital) - Production requires cooperation - long term
systems - like the Keiretsu (formerly the Zaibatsu ) (MITSU,
23 members, Mitsubishi. 28 members - Sumitomo - 21 members,
Fuji - 29 members, Sanwa Group, 39 members, Dai_icki, 45
members, Deutsche Bank-Daimler-Benz, and Hatachi has 688
members in the family, Toyota 175 and 4.000 associates. With
in self-owning industrial groups, distribution questions can
be settled in a tribal way with cooperative between workers
and owners.
There were called cartels.
The problem with American Capitalism was instability due to
over production. Too many firms making to much.
Rationalization by people such as Morgan and John D.
allowed market stability, long term planning, and vast
capital growth. But public policy didn't like the "robber
barons" and they did not fit classical economic theory.
Keysian demand stabilization was a response to the great
depression.
The war did us no end of good.
The activities of Japanese groups is stability, long term
growth, cooperation, good relationships, rather than profits
- as a bottom line.
Their values are different therefore
they act different. American firms in the need to produce
those golden eggs (quarterly profits) had produced a sick
goose.
************************************************************
Peter E. Pflaum Ph.D. * THE_SUFI_METHODS
225 Robinson Road, New Smyrna Beach * IN THE WORLD -
FL 32169-2176 (904) 428-9609 * BUT NOT OF THE WORLD
* LIVING THE COVENANT WE HAVE WITH:
GAEA, GODDESS OF A SUSTAINABLE EARTH *
Pflaump@wiredbrain.com
ZEN IS THE ART OF GETTING YOURSELF OUT OF YOUR FACE
************************************************************