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Real Value vs "Business Value"

ygolo

My termites win
Joined
Aug 6, 2007
Messages
6,037
"Nowadays people know the price of everything and the value of nothing. We live in an age of surfaces." Lord Henry Wotton, a character in The Picture of Dorian Gray by Oscar Wilde

Getting to the truth is valuable, as is the investigative work by journalists who get to it, but we get clickbait instead.

 

The Cat

Offering FREE Monkey paws down at the Crossroads.
Staff member
Joined
Oct 15, 2016
Messages
24,475
The Price of almost everything and the cost of almost nothing. Such discrepancies and dependencies are what lead mortals into bargains with entities beyond their scope and ken promising everything and delivering naught but more sacrifice.
 

ygolo

My termites win
Joined
Aug 6, 2007
Messages
6,037
One stereotypical business model for organized crime is to pay people to break windows and then charge people to fix them.

Luckily (or at least hopefully), this business model is illegal. If not, businesses would increase it to produce a "booming economy" of window breaking and fixing. Our GDP may even go up.

Some systems resemble this pattern, however.

We pay marketing teams to spam people and engineers to build spam filters. We charge exorbitant fees for products and create special programs to get discounts.

Some healthcare providers operate under incentives that are misaligned with a healthier population.
 

ygolo

My termites win
Joined
Aug 6, 2007
Messages
6,037
I've complained about regulatory capture before, but the problem is worse—cronies have captured all apparatus for making change.

When people want to change things, their mentors push them towards two main paths: business and politics. But the role of money in politics basically merges the two—the path is political gamesmanship in business. Mentors suggest treating Non-Profits like businesses and NGOs like businesses. People who want to make change are encouraged to major in business or political science and get a law degree.

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The above issues have created a political crony class that runs all business sectors and the government.

 
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