is capitalism evil by mirza yawar baig

9
Capitalism The mystery of Mistry

Upload: mirza-yawar-baig

Post on 16-Apr-2017

253 views

Category:

Education


3 download

TRANSCRIPT

Page 1: Is capitalism evil by Mirza Yawar Baig

CapitalismThe mystery of Mistry

Page 2: Is capitalism evil by Mirza Yawar Baig

Which decision was good?

Page 3: Is capitalism evil by Mirza Yawar Baig

Whose fault is it?1. Those who selected Cyrus Mistry or the man

himself?2. How is it that someone who was selected

for his ‘strategic vision’, is being penalized for exercising it?

3. If the selection was wrong, who must pay?The beauty of corporate politics…There’s always a fall guy to protect your arse

Page 4: Is capitalism evil by Mirza Yawar Baig

Basis of dismissal1. Selling ‘crown jewels’?

Colonial hangover apart, since when is selling non-performing assets a crime?

2. Not growing Jaguar/Land Rover Why not blame him also for the severe

recession in Europe which is the real reason for low sales growth?

Cheap politics stinks – Join Tatas for a lifetime career

Page 5: Is capitalism evil by Mirza Yawar Baig

Confusion Between means and ends

Page 6: Is capitalism evil by Mirza Yawar Baig

Is there a moral conflict?1. The first value of any commercial enterprise

is to make profit.2. So any decision that makes a loss is a bad

decision and conflicts with the principle value to make profit.

3. A business that doesn't make profit is a charity. It is not a business

Separate profit from its uses

Page 7: Is capitalism evil by Mirza Yawar Baig

No blanket rule1. Not all capitalism is bad. Not all socialism is

good.2. Only if you make profits can you use them

for good work.3. I am talking about making profits. Not about

how you use them.Today’s problems are not because of profit

But because of how it is made and where it is used

Page 8: Is capitalism evil by Mirza Yawar Baig

Means and Ends1. The problem with today's capitalism is not in

making profits but in how we make them and what we do with them.

2. The problem is in cornering wealth for the benefit and enjoyment of a few at the cost of the many.

Poverty is a function of distribution, not production

Page 9: Is capitalism evil by Mirza Yawar Baig

Thought share welcome

[email protected]