Business as Politics

Future Growth Prospects

A View

The idea of growth is the relationship of generational shift in the social structures of accumulation.
In a balance of power between labour and capital government intervenes as a state accountant taking out its own needs to transform the ground of social and our bedrock of community.

SME’s do not export their profits generally though and large corporations do. A fundamental co-operation of the businesses which are interdependent exists however, the latter requiring the breakthrough potential of the former before becoming medium sized and mostly subsumed by larger entities or gathered into trading blocks; think group suppliers, bulk operators buying product,

Enter the Financial Controller, the bean counter at the controls of Government policy.
Here we are given the mantra that we are good to go, that the troubles and the failure to deal with the sustainable needs of community, fit neatly into a Uk or for that matter an island concept.
Greed has occupied both outliers over the same period with approximate relations steering us collectively onto the rocks.
As the Titanic fatality figures told in 2012analysis, the privileged had a far, far greater survival rate but unlike now the children of that disaster had much greater prospects than many children of all nationalities have of being treated equally.
All sentiments and extensions of normalcy are lost to the speed of capitalism; the Titanic sought to exploit the steerage capacity of economic mass movement of the lower classes which financed the larger enterprise. Children are losers across advanced healthcare and learning institutions despite small advances being noted here and there the disadvantages are class based still.

The FC newly in post; I cannot remember how the last one left post, probably reversed into an oncoming juggernaut not seen behind and became caught up in a problem with transformational political agendas. However the new FC describes his analysis and vision to us, commencing when interviewed. “Ach,, well…..” “Well hey…… “. then a lot of monosyllabic selective thorn on the vines stuff …but let the vines grow … and we’ll get out of it spiel, except not in such poetic terms, just “Cars, Houses, Houses, Cars”, more expectations, at the upturn… Whilst failing to see the reality of structuring and false financing being mustered to create this appearance of improvement. He kids you not.

What is overlooked is the hegemony of growth principles, cycles and railroadisation. The latter swings of advancement are not yet encountered, or are slowly metabolising or it may be there already in another form and awaiting the eureka shriek.
No doubt small but significant advances will come with a cavalcade of post justification of intentions being facilitated.
Except rarely is the out working of ideas as straightforward as that, which many business people will attest to.
In terms of present and forward difficulties it should be remembered revolutions are never completed by the revolutionaries.
Business depends on revolution and change which – and this is where the scope of institutional encumbrance roves in – a true vision becomes successful if it is given sanctuary in a plain reflection of having arisen ‘naturally’ from the set of traditional mores of the past. In other words it needs to be related to the familiar and preferably by means of the advancement of past sciences.
Sudden change it seems disturbs the faint hearted or so Governance decrees. Thus frameworks today are softly, softly and policy.

Here the mantra appears to be, “Well, hey…. we’ll carry on and keep the monotheism going and sure if an idea turns up we’ll obviously get a report out very quickly and talk about it until we are co-operating and acting as vexed tribes again.
We’re in the ideas business, other peoples ideas business.

Tim Berners-Lee had the government in mind when he single handed lay wrong footed all efficacy of business and government operations by transforming our access ‘uniformly’ to the knowledge and experiences we share via. www.

Such advances are not eaten bread but transformations of mind sets. Perhaps his rationality and common placed externality was due in no small part to the inclusiveness of the Unitarian belief system he belongs to. In actions he demonstrated.

The plain and ordinary is a grateful baseline, the inevitable new normal for public services and the grand plan is hyped up like the inside out Titanic building. The classic appearances deceive/matter are contestable virtues when it comes to hyping economic growth by creating a shell of an empty storehouse. Indeed after much contestable dithering the denouement arrived?

Build the edifice, the shell first in a form which has ‘signature’ and then fill it up with, if you can find them, acquire them, the supposed artifacts of the story. It is a poor opera. The exhilaration of a thrilling building is absent as can be said about that other early 21st century piece the Causeway Centre.

Ideas seem short on the agenda. One past ‘minister’ said one time we don’t do ideas/vision here. I estimate the reason to be embedded in the Titanic disaster which has included itself in our DNA. Somehow this is less fact and tentative theory than previously it might appear. In fact ideas are plentiful but their robustness can never be truly tested up against the propaganda of the market system which requires inadequate research and funding and development tax relief schemes.
Commerciality, churn and turnaround are business energisers. A lot of businesses are gadget based, leisure based, service driven and the core necessitities of food production, mineral extraction, healthcare, education, logistics are all pushed into disadvantaged and over managed parts of the economic system. Why indeed are these state funded incentives tax breaks common currency? Not hard to figure.

Licenses are granted to exploit our earths resources from dumping waste, incinerating it, to creating aggregates for construction, power extraction via. unsustainable irreversible unproven economically our technologically environmental assets – premiums are paid for patent medicines and primary care while the education system pastes itself onto the global block third level system while neglecting – budgets for third level far exceed lower level expenditure – the development of proper education.

I do however fear for the children in developing nations whose ambitions are to become ‘bankers!’ etc. and whose resolve will be tested by the choices they will face. The connection yet to be made with the turmoil in their countries exploited growth and their

Banks here are no longer indigenous, having made windfalls for past incumbents, glory in a malaise of smoke and mirrors.
Banking failures only serve to magnify the the problems at the heart of the local financial edifice.
Where once there was – and many economists recognise its fundamental place – a ‘cultural patriotism’ manifest in economic affairs at local level – set aside it own era management for present reasoning – it’s exemplar has all but left the building and left the building.

Nama operational banks and corporate banks do business without explanation for write downs and advance polemics given statute by euphemistic apparatus. It must surely have occurred to local government that now is the time, long awaited actually when, with a notional nod to John de Courcy we stratify the Banking system by wresting away from its current owners a major, in all but name already Nationalised Bank and reinstate financial regional control on a basis where lock stock and yes, the practically empty barrel taken on – to include prehistoric IT for upgrade by locals, the buildings and contents and the balance sheets for scrutiny – and real time audit pursued. The local community Bank can frame the auspicious intelligence on the doorstep and be a flannel free zone treating SMEs, investors in community and others in an unperplexing way. Our mindset needs altering to reconfigure the plight we are now in and not only locally. Former ‘giant’ states conversely thought of labour either as an output or input.
Still these conflicts and contradictions reign. The way of dealing with them is to reframe each argument to cancel each other out.

Firstly and finally we need realise our resources are not perpetual but limited and currently unequally held and are ineffienctly harnessed. While we continue to embark on circuitous journeys. Smith probably construed that the eventual stoking of insatiable demand would account for failure of markets to bear the credit.

1690 brought the basic bourgeois narrative of John Locke, continued in balance by his latter follower Adam Smith, where he wrote it is a foundation of freedom for ‘people to own their own bodies and by small extension the labour of their bodies’.
Not the greatest extrapolation of logic but at least the latter developed it a little further in declaring it as ‘the most sacred and inviolable.’

I would perceive the forms of value abridged by Tim Berners-Lee as more insightful and instinctively closer to God that that fore said.

John Graham

Belfast

9 January 2014

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