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Showing posts from October, 2019

Penny wise.

Yeah, money. Wealth is a reflection of specialisation in society. As the roles get complex, its often required for a common and standardised means of exchange; that correctly values the services given, and rewards to be received in return. For a long time in the history of humans, the unit of wealth was something valuable, collected farm produce, or special pottery or maybe even rare metals. Even our mythos, often speak of the horses and cows being used as a unit of wealth. All of these related to something that was physical, useful and limited. But the potential of wealth goes beyond the basics of security and exchange, relating to the abstract concept of power and dominance. Over time this soft control that comes along with wealth has gained more and more importance. And with power comes, the insatiable lust to remain powerful. Governments and kingdoms attempting to accumulate the methods of wealth generation, keeping it, out of reach for the public. And social hierarchies came in

In Memoriam...

To be fair, its a hard time for mass media these days; especially for broadcasted media. The print media, as of now, caters to a class of people, who have the patience and intent to scroll through, roughly ten pages of small letters (thanks to the need for advertisement and page 3 models). But thankfully its market is not dead yet. There are people who value opinions and literature of these old pioneers of information. The cable/satellite TV does not so. It faces a herculean task of getting the smartphone-addicted adolescents and office weary adults to the tv screen, and hold them together with a story both fascinating and useful. And this is where the fall begins, in the battle for fascinating and useful; useful is generally the suitable bride, but the difficult one to chase. And when the facebook and google clicks are reducing the viewers of the TV media with every new click, Fascinating is the easy optionṣ. The script for the death of TV news was written the day fancy stories ab

War at the doors.

A powerful line from the character, Ra's al Ghul, in the Batman Begins; " With Gotham, we tried weapon of a new kind - Economics". The prowess of the tool called economics is perhaps unknown to most, even the best the field. Sometimes the Nobel memorial prize has been given to two directly conflicting theories, just to remind you how well we can measure the success of economics as a science.  So today, I would love to describe how is this tool being employed in modern warfare. Of the most significant consequence of globalisation, is the emergence of multi-national agglomerates and institutions. Since the barriers to trade and money flow (both technological and ideological) are being lifted off by the day, businesses have expanded beyond frontiers and developed a new sense of world identity. Although nationalism, is at its peak, there is a clear sense of transfer of control to businesses all over the world, as they have a say over one of the powerful resources of the