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Thursday, September 9, 2010

Who's Managing Our Wealth?

There is a natural filter for those good at handling society's wealth to be handling society's wealth.

If you can use the existing goods and services to create real value for society"Real value" is voted for by other "real value." While money is the exchange of real value, the money itself does not provide any votes. Without preexisting "real value" behind the money, it cannot be used to vote. (ex. any dead currency), you will get more of the existing goods and services to manage.

If you are unable to create real value for society, you will no longer control the existing goods and services.Or control less

To see how important managing our existing wealth is we can use an extreme case. Let's presume every industry traded managers with the industry to their left. The managers of each person a person is some amount of wealth to society are suddenly inexperienced with the caveats of handling this type of wealth and flounder, causing the wealth to lose (extreme) value.

Every business would fall apart causing a depression the likes of which is hard to comprehend. Imagine if your highschool principal was managing the programmers, the clothing store owner was steering a trading ship, the Costco CEO was managing a troop of girlscouts. Very quickly workers would be doing the wrong things for each otherTheir customers, which are their fellow citizens, sense the uselessness in their activities and (thankfully) quit in search of a better system of work.

Let me digress here for a bit. You might be asking how managers relate to large currency holders. For this issue, large currency holders are referred to as controllers of capital Capital is not money. Capital are things that are used to produce. Money can be traded to obtain capital.. A manager is nothing but an agent of the capital controller. The manager might also have another manager but this is irrelevant, at the end there is always a capital controller whom these managers are tasked with aiding.

The details of transforming existing goods and services (programmer, office, computer) into another more valuable thing are are numerous and (for the benefit of everyone involved Customers are also heavily involved in this balance of benefit) should be handled in the best way we are capable of doing.

The capital holders who manage their capital effectively (through managers or otherwise) are granted control of more capital.

The capital holders who manager their capital poorly, are removed from their position and the capital control is distributed to others -- in search of someone to hold them more capably.

1 comments:

  1. This is only accurate regarding capital controllers in laissez faire; as it stands, there is an established monopoly where the success of currency is gauged as a political and not physical return.

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