........................................................................................ - a weBlog by Snowy and me.
Showing posts with label all markets are secondary markets. Show all posts
Showing posts with label all markets are secondary markets. Show all posts

Friday, 14 September 2018

The Worlds Biggest Liars

'The invisible hand' that widens the market place
is itself driven by the law of unintended consequences
as one random decision begats another in a chain
where the results can be both benign and appalling.

That markets only ever celebrate success,
and always bury failure is part of their nature.

We can speak with pride
on being the worlds biggest liars,
particularly when we speak about ourselves. 

Wednesday, 1 August 2018

Marxism Explained As Entropy

Every market relies on the impression of freshness
whilst controlling it's customers by commodifying them.

Since commodification means degradation,
and the shallowing out of character,
then when will the consumer need
some personal renewal to retain their custom?

Where ever renewal comes from
it had better be more thorough for the customers
than the presentation of the goods that they buy;
even marketing has a sell-by-date,
after which it will not work and cannot be used.