Sunday, October 22, 2006

Appropriate Economics

Hullabaloo
Given that there is lots of what Samuel Beckett quaintly called "filth" up for grabs (ie, money)
Any cashier will tell you that money is called "filthy" not as a metaphor, but as a simple truth. The stuff has been around far too many times.

Yet there is a misconception, frequently promoted by those who have most to gain, that profit is dirty.

Axiom:
Nothing lives
that does not take in
more than it spends.

Creatures who spend more energy than they ingest die.

Businesses with insufficient capital fail. go banrupt. die.

Corollary:
Non-profit organizations are soon dead.

A due regard for the meaning of words terms organizations dedicated to noble purposes that do not monetarily benefit those who provide its capital as:

Non-Dividend Organizations [NDOs]

--ml


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