The fallacy of Tomato Mill
The recently unveiled investigative report on crisis of Sugar & Wheat have started a never-ending debate about the private enterprise system; which has become so powerful over the time, that the people think of it as a cartel, which can make anything happen upon their lord’ discretion.
They set the price with the help of manufactured pull, which in turn soar the prices to the horizon. They do legislation to provide protective cover, and to keep their money white with no strings attached to hinder.
Every crop is harvested in its own season; farmers cultivate different pulses and vegetation to maximize their profit; similarly capitalists or more recently ‘The Entrepreneur’ do the same. They look for available opportunities in different market segments.
First, the innovative entrepreneur search and hire innovative people to work for their idea; Secondly they gather resources to produce more resources; and if they think they have done enough, they monetize their products or services and repeat to earn hard cash.
This thing works over the time tirelessly with a significant margin of profitability, unless some ‘Rival force’ enters the circle, or some more advanced innovation brings this to the halt. In this case ‘The old revolutionist’ can invent such a hack to support the leeching-insect slow-paced industry by giving bailouts, incentive, structural-support, subsidy or whatever you could ‘innovate’.
Pessimist entrepreneur had always a backup plan; they invest in politico-bureaucratic sphere, to support their-self in the time of recession; to rejuvenate their now dying enterprise. They have the redundant supply of resources at their disposal and on their lord’ will.
When the pessimist entrepreneur rises from the ashes of concavity they try to monetize even more. Someone who had a sugar mill before the recession can now move forward to setup a tomato mill. Now he throws money aggressively to coup with his psychological loss.
And as you know that this Tomato mill is all a fallacy; the hit-hard rejuvenated entrepreneur invests heavily to gather resources and to perform the repeating cycle; but now he is confident like never before; thanks to his already tried and tested ‘Backup Plan’, he can experiment differently with endless freedom.
As you already know, that he have set pawns everywhere and elsewhere; he is not afraid of impeachment; he can form a cartel of likely under the disguise of the universal umbrella of law and order; No one could hardly get a gasp of it; unless someone have had developed an investigative theory. They move a bill like Guffey Act, so they can set or raise the favorable prices on their own; end consumers have had not left with another bargaining choice but to swallow this; at the expense of public tax and duties.
These cartels enjoy dual benefits; first they save a buck from the tax levy through tax amnesty schemes; and secondly they get rebate of the so-called ‘Public Subsidy’ that they have passed on ‘virtually’ to the public. The result is uncontrolled commodity price hikes and surplus income to venture capitalists. The specific chunk of pie of population called ‘Elite’ enjoys unmatched benefit at the cost of whole remaining taxpaying pie. They strongly have had the belief that the business flourish during the war and epidemics.
But this whole debate should and must have to emphasize on the overall benefit of society. After-all the practice of whole economics boils to the point that public policies or actions must have macroeconomic impact, and it must not have had to concern with the micromanagement of situation and to benefit certain group.
Personally, I don’t believe in the practice of giving bailout, subsidy, incentives or similar benefits to any of groups or industry; at the end it costs more to masses due to the factors of inflation, devaluation of capital, exchange rate and demographics of the society. The less innovative or obsolete segment should be left upon to depreciate & deprive; so the more advanced methodology or ‘The Real Innovation’ can make it’ way to the future.
They set the price with the help of manufactured pull, which in turn soar the prices to the horizon. They do legislation to provide protective cover, and to keep their money white with no strings attached to hinder.
Every crop is harvested in its own season; farmers cultivate different pulses and vegetation to maximize their profit; similarly capitalists or more recently ‘The Entrepreneur’ do the same. They look for available opportunities in different market segments.
First, the innovative entrepreneur search and hire innovative people to work for their idea; Secondly they gather resources to produce more resources; and if they think they have done enough, they monetize their products or services and repeat to earn hard cash.
This thing works over the time tirelessly with a significant margin of profitability, unless some ‘Rival force’ enters the circle, or some more advanced innovation brings this to the halt. In this case ‘The old revolutionist’ can invent such a hack to support the leeching-insect slow-paced industry by giving bailouts, incentive, structural-support, subsidy or whatever you could ‘innovate’.
Pessimist entrepreneur had always a backup plan; they invest in politico-bureaucratic sphere, to support their-self in the time of recession; to rejuvenate their now dying enterprise. They have the redundant supply of resources at their disposal and on their lord’ will.
When the pessimist entrepreneur rises from the ashes of concavity they try to monetize even more. Someone who had a sugar mill before the recession can now move forward to setup a tomato mill. Now he throws money aggressively to coup with his psychological loss.
And as you know that this Tomato mill is all a fallacy; the hit-hard rejuvenated entrepreneur invests heavily to gather resources and to perform the repeating cycle; but now he is confident like never before; thanks to his already tried and tested ‘Backup Plan’, he can experiment differently with endless freedom.
As you already know, that he have set pawns everywhere and elsewhere; he is not afraid of impeachment; he can form a cartel of likely under the disguise of the universal umbrella of law and order; No one could hardly get a gasp of it; unless someone have had developed an investigative theory. They move a bill like Guffey Act, so they can set or raise the favorable prices on their own; end consumers have had not left with another bargaining choice but to swallow this; at the expense of public tax and duties.
These cartels enjoy dual benefits; first they save a buck from the tax levy through tax amnesty schemes; and secondly they get rebate of the so-called ‘Public Subsidy’ that they have passed on ‘virtually’ to the public. The result is uncontrolled commodity price hikes and surplus income to venture capitalists. The specific chunk of pie of population called ‘Elite’ enjoys unmatched benefit at the cost of whole remaining taxpaying pie. They strongly have had the belief that the business flourish during the war and epidemics.
But this whole debate should and must have to emphasize on the overall benefit of society. After-all the practice of whole economics boils to the point that public policies or actions must have macroeconomic impact, and it must not have had to concern with the micromanagement of situation and to benefit certain group.
Personally, I don’t believe in the practice of giving bailout, subsidy, incentives or similar benefits to any of groups or industry; at the end it costs more to masses due to the factors of inflation, devaluation of capital, exchange rate and demographics of the society. The less innovative or obsolete segment should be left upon to depreciate & deprive; so the more advanced methodology or ‘The Real Innovation’ can make it’ way to the future.
Shehroz