ADSactly on ADSACTLY - Part #58
Creating Value - Part 6
In the last five sequels we wrote about the early beginnings of creating values, continued with the rise of craftsmen, explorers and merchants. We explained the importance of the first manual machines and how it all led to industrialization. Then, we explained how oil exploitation business reached its heights. Today we'll continue further. If you haven't read the first five parts, please find them here:
ADSactly - Creating value Part 1
ADSactly - Creating value Part 2
ADSactly - Creating value Part 3
ADSactly - Creating value Part 4
ADSactly - Creating value Part 5
After various industries grew big, it became cheaper to set up departments within a company than outsource the services. Corporations were born. For example, a factory bought its own trucks, set up its own distribution routes, took care of its own marketing, set up departments within departments, bough competition and branched out, employed workers for jobs that have been outsourced before. All of this created more value for the owners. The bigger the better, was the ground rule. The larger a corporation was, the more ground it covered, the fewer expenses it generated, the more new value it created.
It led to the creation of ever larger businesses. The game was directed toward building gigantic multinational companies. Nowadays, they hold power easily compared to one of the governments. With the financial means beyond anything seen before, corporations can easily pass the legislation that suits their interests of elevating the profits over everything else (including environmental issues and people's health). There are many visions of the future in which corporations entirely take over the world, rendering governments unnecessary. Keeping in mind the human greed, it is quite a possible outcome at some point. The government made of corporations would be quite a nightmare for ordinary people.
If we put ourselves in shoes of the people running a corporation, it's easy to see why the things are as they are. Corporations are owned by thousands of people who've never met. They own corporation's shares and are interested in profits at the end of each period. They bought the shares in order to make a profit. 'How its done' is a problem of the board members and the management.
Board members and top managers are predominantly interested in their salaries, careers and fat bonuses that come along with results. They are far away from the real life in some third world country where their corporation does business. They cannot care less if people get sick because of pollution created by their endeavours or if the poor children are hungry because they've closed down a factory. To them, it is something so far out there, somewhere, that it feels more like a fiction than real life. Therefore, in their minds, it is all easily labelled as 'collateral damage'. They, unfortunately, are far more concerned which shiny new sports car will be parked in the garage after the next payday.
The rise of corporations dehumanized business to the point of no return. The enormous reach and size of multinational corporations guarantee relative anonymity both to owners and management. Even the low-level workers easily adopt the herd mentality and live for the brand. Also, all of them are easily replaceable, anyway. The machine will live on with or without any single one of them. People are just small wheels of an unstoppable monster, revered like godly appearance. The amount of corporate brainwashing going on in there pushes the executive decisions up to the level of indisputable dogma.
However, there is a solution to this.
This solution, however, will never be implemented. :D At least not while any of us is alive.
How about the sales range of every production company becomes limited and high environmental standards are closely monitored by independent teams? Decentralizing and localizing businesses to say 500km allowed sales range (regardless of the borders) would break the power of multinational companies and secure stable overall growth for the local population. A company would be forced to produce goods exclusively for a local needs, thus it would prevent it from growing into a monster. It would give way to thousands and thousands of small environmental friendly companies and very likely solve unemployment. It would diminish exports, except for the goods which absolutely cannot be produced locally, of course. But, it is a dream too far. Strong lobbies would never allow anything similar.
However, if it was enforced in 1850 and kept going, maybe we would have a fairer world. Is it too late, now? Would the world population profit from serious decentralization of production? Food for thought, guys, food for thought... ;)
Let us know what you think about it!
To be continued...
Image Source for all images: Pixabay.
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ADSactly on ADSACTLY - Part # 1 Open-Value Network / Co-opoly
ADSactly on ADSACTLY - Part # 2 Do-ocracy / Value Network
ADSactly on ADSACTLY - Part # 3 Open Stewardship
ADSactly on ADSACTLY - Part # 4 Society's Value Contribution System
ADSactly on ADSACTLY - Part # 5 The Value of Our Time
ADSactly on ADSACTLY - Part # 6 Cooperation and fair benefits
ADSactly on ADSACTLY - Part # 7 Support local production
ADSactly on ADSACTLY - Part # 8 Cooperation vs Competition
ADSactly on ADSACTLY - Part # 9 Sustainable Social Model
ADSactly on ADSACTLY - Part # 10 Blockchain Technology
ADSactly on ADSACTLY - Part # 11 Support for Decentralization
ADSactly on ADSACTLY - Part # 12 The Importance of Bitcoin
ADSactly on ADSACTLY - Part # 13 ADSactly in Discord (1)
ADSactly on ADSACTLY - Part # 14 ADSactly in Discord (2)
ADSactly on ADSACTLY - Part # 15 ADSactly in Discord (3)
ADSactly on ADSACTLY - Part # 16 ADSactly in Discord (4)
ADSactly on ADSACTLY - Part # 17 ADSactly in Discord (5)
ADSactly on ADSACTLY - Part # 18 ADSactly Clubs
ADSactly on ADSACTLY - Part # 19 ADSactly Tokens (1)
ADSactly on ADSACTLY - Part # 20 ADSactly Tokens (2)
ADSactly on ADSACTLY - Part # 21 ADSactly Tokens (3)
ADSactly on ADSACTLY - Part # 22 ADSactly Tokens (4)
ADSactly on ADSACTLY - Part # 23 ADSactly Tokens (5)
ADSactly on ADSACTLY - Part # 24 ADSactly Tokens (6)
ADSactly on ADSACTLY - Part # 25 Full Stack Startup
ADSactly on ADSACTLY - Part # 26 Artificial Intelligence Government Pt. I
ADSactly on ADSACTLY - Part # 27 Artificial Intelligence Government Pt. II
ADSactly on ADSACTLY - Part # 28 ADSactly Steemit Blog
ADSactly on ADSACTLY - Part # 29 The Future Of Crypto
ADSactly on ADSACTLY - Part # 30 ADSactly on Globalization
ADSactly on ADSACTLY - Part # 31 Blogging on Steemit
ADSactly on ADSACTLY - Part # 32 Social P2P network
ADSactly on ADSACTLY - Part # 33 Projects in ADSactly Society
ADSactly on ADSACTLY - Part # 34 ADSactly - Medium Blog
ADSactly on ADSACTLY - Part # 35 ADSactly - Environmental Protection
ADSactly on ADSACTLY - Part # 36 ADSactly - Sharing of Ideas
ADSactly on ADSACTLY - Part # 37 ADSactly - Centralized System vs. You
ADSactly on ADSACTLY - Part # 38 ADSactly - Taxation of Crypto - Part #1
ADSactly on ADSACTLY - Part # 39 ADSactly - Taxation of Crypto - Part #2
ADSactly on ADSACTLY - Part # 40 ADSactly - Cryptocurrency Trading General Advice
ADSactly on ADSACTLY - Part # 41 ADSactly - Steem Witness
ADSactly on ADSACTLY - Part # 42 ADSactly - CurveCoin Club
ADSactly on ADSACTLY - Part # 43 ADSactly - XP Coin Club
ADSactly on ADSACTLY - Part # 44 ADSactly - MASTERNODES - A new vision for the blockchain (#1)
ADSactly on ADSACTLY - Part # 45 ADSactly - MASTERNODES - A new vision for the blockchain (#2)
ADSactly on ADSACTLY - Part # 46 ADSactly - Producers and Others
ADSactly on ADSACTLY - Part # 47 ADSactly - Money Velocity
ADSactly on ADSACTLY - Part # 48 ADSactly - Bear Markets
ADSactly on ADSACTLY - Part # 49 ADSactly - What can ADSactly do for me?
ADSactly on ADSACTLY - Part # 50 ADSactly - Project Support
ADSactly on ADSACTLY - Part # 51 ADSactly - Open Cooperative Society
ADSactly on ADSACTLY - Part # 52 ADSactly - Can Blockchain Systems Provide Both Security and Privacy?
ADSactly on ADSACTLY - Part # 53 ADSactly - Creating Value Part 1
ADSactly on ADSACTLY - Part # 54 ADSactly - Creating Value Part 2
ADSactly on ADSACTLY - Part # 55 ADSactly - Creating Value Part 3
ADSactly on ADSACTLY - Part # 56 ADSactly - Creating Value Part 4
ADSactly on ADSACTLY - Part # 57 ADSactly - Creating Value Part 5
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