cause of causes
TRANSCRIPT
Cause of Causes
Human needs pyramid displays unity of physical and psychological needs – the origin of human struggles.
Each need has expressed or implied cost which one has to incur for
the need to be fulfilled.
The human struggles and conflicts
are basically not related to needs as such.
All struggles are invariably related to the cost which the needs call for.
Determination of Such costs manifests through behavioral
pattern that emerges out of the needs and inner views about surplus – consumer
surplus.
Suppose somebody is wandering through a farm having a mango tree full with tempting mangos.
If he or she wants to eat one – what costs are involved.
If one eats a mango without anybody knowing about it, his guilt is the cost.
If he or she feels like asking for it, asking is the cost.
If he or she is caught plucking it and
is challenged the challenge is the cost.
A young son working with his father and brothers on a family farm, the cost for the family is just
whatever it provides to the fellow for sustenance and building of future.
Costs are always intangible – within the
mind, money is tangible expression.
How, then, one determines the cost one is willing to pay? The price tags or something else?
Ever asked yourself?
Costs one is willing to pay is a matter of perception
and not a matter of monetary affordability.
What is the cost of money earned?
Is it the time or is it energy or self esteem lost for it? The way the money is earned is also a cost.
One may earn it with less troubles, in less time and
enjoying while working on it – the costs are less and surplus is
more.
Other may earn it toiling, making mistakes, correcting them, compromising the work life balance – the cost is
high.
This is where the human conflict starts and becomes and internal matter rather than its economics, demand, supply and elasticity.
We know history of human needs, trade, exchange for at least 5000.
Money has emerged as a strong denominator only in last 200+ years and for all of the past it was one form
of storage of value.
We need to go hunting for cause of the causes and not the symptom, if we really wish to look for the solutions to our
peace of mind.
Images –thanks to
http://www.slideshare.net
www.flickr.com
www.google.com.images
drishti~cone
Knowing the self can be a good base for economics.