why are food prices rising all over the world ? how is the price of oil determined ? what justification is given for the assertion that wealth trickles down ? what do consultants do after 5 years of consultancy ? what are they good at ? why do derivatives and other financial "products" exist ? what purpose to they serve ? why are the richest and most cash rich sectors (investment banks, consultants etc etc) the ones that create no wealth ? why do people with bad credit histories provide the major portion of bank profits ? why is fractional lending allowed at all ? what controls the amount of money in the economy ? what relation does amount of money in the economy have to real income ? what is real income ? why cant we have a fixed amount of money circulating ? does that even mean anything ? what percentage of consulting income is result dependent ? what percentage of consulting income in india is from family owned businesses and what percentage from government ? why do pgdm related jobs like investment banking and consulting tend to be so elitist and opulent ? why is the guy who makes a better chulha not rewarded more than a man who talks nebulous bullshit in the current economic system ? the pharma business is the most profitable in the world, followed by food, why are these not govt controlled to ensure food, medicine pricing and availability ? who controls commodity prices and availability and how ? who regulates them (both prices and people) ? what justification is given for the assertion that there will be less corruption if the private sector controls sectors that are currently govt controlled ? in a free market, what represents a person with no money ? where did the money lent out in the sub prime crisis go ? if it is circulating in the economy, some one must have it, so why is there economic slowdown in the US because of that ? what punishment has been meted out to the rating agencies who messed up on such a large scale ? why do IIMs need to have such ridiculous fees when they require no expensive labs, no special equipment apart from good class rooms ? do corporations HAVE to increase profits for shareholders ? cant the charter mandate instead a maximization salaries of employees or minimizing acres of rainforest cut ? why should corporations have the same rights as citizens ? why is no human liable for the misdeeds of a corporation ? how foolish is that ?
as more questions occur to me I'll put them in another post. Please feel free to comment and clarify, correct, explain any of the above, or connected things.
as more questions occur to me I'll put them in another post. Please feel free to comment and clarify, correct, explain any of the above, or connected things.
