cause of causes
TRANSCRIPT
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Cause of Causes
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Human needs pyramid displays unity of physical and psychological needs – the origin of human struggles.
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Each need has expressed or implied cost which one has to incur for
the need to be fulfilled.
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The human struggles and conflicts
are basically not related to needs as such.
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All struggles are invariably related to the cost which the needs call for.
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Determination of Such costs manifests through behavioral
pattern that emerges out of the needs and inner views about surplus – consumer
surplus.
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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.
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If one eats a mango without anybody knowing about it, his guilt is the cost.
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If he or she feels like asking for it, asking is the cost.
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If he or she is caught plucking it and
is challenged the challenge is the cost.
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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.
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Costs are always intangible – within the
mind, money is tangible expression.
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How, then, one determines the cost one is willing to pay? The price tags or something else?
Ever asked yourself?
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Costs one is willing to pay is a matter of perception
and not a matter of monetary affordability.
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What is the cost of money earned?
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Is it the time or is it energy or self esteem lost for it? The way the money is earned is also a cost.
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One may earn it with less troubles, in less time and
enjoying while working on it – the costs are less and surplus is
more.
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Other may earn it toiling, making mistakes, correcting them, compromising the work life balance – the cost is
high.
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This is where the human conflict starts and becomes and internal matter rather than its economics, demand, supply and elasticity.
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We know history of human needs, trade, exchange for at least 5000.
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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.
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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.
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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.