Kerfuffling
30 September 2012 2:49AM
Response to WheatFromChaff, 30 September 2012 1:34AM
No it isn't. You are using a flawed premise to justify a generic failure. That isn't a dynamic economy definition. It is duplicitous shifting of capital resources to offset against what would be dynamic. It is a definition of failure due to corporate incompetance and predation. The most obvious reason for economic collapse is a misguided belief that it is dynamic. It isn't, it is cyclical failure due to robotic repetition of stifling finance models.
What prosperity requires is the enterprise of innumerable individuals and businesses who exercise their imagination and judgment-and bear responsibility for outcomes. Note, bear responsilbility for outcomes. And widespread enterprise is fostered through dialogue and relationships, not merely prices in anonymous markets.
What appears in your analysis as dynamic isn't. It is the use of backward-looking, top-down models creating mass-produced toxic products.
Laker had little to do with the demise of Pan Am. Oil crisies and bad management decisons at trying to dominate the market had most to do with its demise. Including being bested on many attempted take overs and buy outs, along with domestic route domination efforts.
As for TWA's demise it was again an over concentration on producing profits by means of reducing its operating theatres. The blame lies with the likes of Carl Icahn who sold off its profitable assets to competitors. That is what killed it.
To suggest that dynamics is, fundamentally, stupidity is naive to say the least. Considering that the markets and corporations are now making in roads into influencing who should govern nations is not dynamic. Its attempting to stack the deck for further rolls of the incompetance dice by chancers with a limited grasp of basic economic theory. Never mind Chicago school, Nash equilibrium and the like.
Which is what led to the fiasco that exists now and is causing the struggle to get out of it.
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THE TRIX ENTITY WANTS TO FEED FOOTAGE OF ME MASTURBATING TO THE NORWEGIAN TROLLOPE
I AM SICK AND TIRED OF HIS MEASLY OLD BANANA
