Monday, June 19, 2006

Capitalism

What effect does being publically traded have on a company? What are the future projections for a capitalist society as companies push more and more for a bottom line. For example, the recent floating of Elvis Presley's estate as a publically traded company, with future expectations of "growth", begs the question of how further Presley memorabilia is to be sold. At what point does hawking a piece of memorabilia saturate the market and lose the intrinsic value that a piece of memorabilia offers? In fact, in today's world it has become almost next to impossible to find a piece of exotica with mediocrity of the global landscape becoming increasingly uniform. What about capitalism itself? Pro-capitalists push the fact that capitalism pushes forward technological growth, largest of the economic tentposts. But a long range model or forecast of the possible effects of capitalism, even without a mathematical aspect to it, it can be seen that large aspects of the slower paced world will be left in the dust.

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