Feast for Thought

Not pontificating. Only trying to bat on the side of the environment. And ethics. And simple living. And slowing down. (And trying to learn and practise before preaching or teaching...)

Friday, January 30, 2009

Priceless Notes (NB's) on Valueless Notes (Rs$€¥£₣)

Some priceless notes on valueless notes -

# Mr Raju may have 'experimented with Satyam', but he came clean, (or should it read dirty?), didn't he? That's much more than can be said of brilliant whizkids of the financial domain in Country-That-Should-Not-Be-Named, who continue to pocket millions in bonuses - common people's savings, and the money that never could be found for food and environment crises...

# My copyrighted view of the term CTC - a somewhat demeaning term. If I cost 20 lacs to a company, I am a black hole. I can't help looking at the term askance - I prefer to know that I am an asset to my company thank you. If by employing me the company says it costs 20 lacs, shouldn't this tag be mandatory? - 'this is just 0.001% of what the company earned with me in the position'...

# What's the point in earning degrees, and training, and then aim to be merely good enough to make more and more money - endlessly? How comfortable to earn slowly and steadily. We would never have had to see GD_II had the money-makers opened the door to this piece of wisdom, and let the have-nots have some happy moments as well...
(GD_II - Great Depression the Second]

# The more you buy, the more garbage you buy - how silly of one to spend money on garbage! - unless you were as recycle-happy as Amsterdam's Waste and Energy Company

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Blogger lipi said...


Glad to see you back in form - addressing issues and being creative in offering solutions. You nailed it with "make more and more money - endlessly". As you say, that cannot be the end goal. There has to be something beyond it.

Here is a mock-up (Note: coke is now a common noun and not a proper noun):

1. What a coke-drink manufacturer aims at is: infinite market - manufacture, market and sell. If this goes on infinitely, we will have mal-nutrition, obesity, packaging wastage ...

2. An MBA will look down his/her (can I get away with saying 'it's'?) nose at me and say, "If that is what the market wants, that is what the market will get - demand will cause the market to adjust itself" ...

3. Then, we will have a regulatory body that imposes (if it understands the various aspects, and does its job diligently) controls and restrictions on the culprit (coke manufacturer).

4. Where would you work? Where you can make money, or, where you get to 'police'? (We can see the track record of the Food and Drug administrations in every country to see how the 'policing' is done - I am not a cynic, it is the reality.)


1, 2, 3, 4 and the rest will be different if the coke manufacturer had a conscience and did things like:

11. Channelize .01% each to help fight malnutrition, obesity, environment.
12. "Oh! My God! I am contributing to these problems, let me readdress 1. above."
13. Make a health drink (a real one - not fake) and market it as aggressively as the coke.
14. Oh! Health drink does not sell, so, let me become less aggressive on the coke ...

With 11, 12, ... every individual becomes a more rounded (no pun intended here) world inhabitant and, as a planet, we will have longer "Mean Time Between Failures"

31 January, 2009  
Blogger lipi said...

"experimented with Satyam" - Ah! That is "Priceless"!!! (Repeated thigh-slapping exclamations from me!) I love this, coming so close on the anniversary of Gandhiji's departure from this World. I wonder how many of your readers will 'catch' this!

Swarna, you are indeed in form!!! You go, girl!

31 January, 2009  
Blogger Swarna said...

Thanks for sharing those thoughts.
Catch the original - Keshav's cartoon here

31 January, 2009  
Blogger Indrani said...

I read "Obama slams Wall Street over bonuses" with great delight.
Even after all these disasters there seems no end to their greed.

01 February, 2009  

Agree with all you say, though I don't quite understand point 2.
As for the rest - this lovely saying in Thamizh - 'Podum enra maname pon seyyum marundu', meaning roughly that, the mind that is content with what it has is the golden medicine.

01 February, 2009  
Blogger Kat said...

I read somewhere that in frenzied heights the company's top brass, take the cream and declare bonuses to themselves, and in downfall times its the tax payer and stockholders who take the brunt..!!!GD_II is alarming.

03 February, 2009  
Blogger Inner Vision said...

One might be considered as a successful person by making lot of money, but not necessarily, he or she is a nice human being.

04 February, 2009  
Blogger Happy Kitten said...

Money or the "maya" of money seems to be on the minds of all and sundry these days.. I think money for oneself has never brought satisfaction to anyone; at least not at the end of the money making period.

People get obsessed with Forbes magazine, but then there are satisfied individuals in this globe who care two hoots for all the money they never got into their hands.. they are the most happiest.

One can drill the goodness of contentment into the heads of all (from EM's comment).. but then would this bring competition and innovation? It can, if we replace the benefits with something else other than money.

04 February, 2009  
Blogger Happy Kitten said...

I meant RM's comment

04 February, 2009  
Blogger Swarna said...

Indrani, yes, no end...
Raji, that was my personal take on the term 'cost to company'. What one offers to one's employer (organization) (including tangible and intangible) shd actually priceless.
Kat - right. This is equivalent to 'Heads I win, tails you loose'.
HK, true. "Our affluent society contains those of talent and insight who are driven to prefer poverty, to choose it, rather than submit to the desolation of an empty abundance". (Michael Harrington)

04 February, 2009  

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