Profits Without Production

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I got turned on when I saw Krugman’s NYT’s post, “Profits Without Production.”

I thought to myself, “Finally, he sees it too!” Alas, while I am sure he would agree with me, he sees profits without production in a different light.

Nevertheless, since you cannot read what I thought he wrote. I’ll write it.

It wasn’t until the start of the industrial revolution that “production” became mechanical, void of emotion, and downright dirty. Prior to the industrial revolution, to “produce” held power. Anything that was produced contained a bit of the person who produced it.

Production took hands (many of them), impromptu thought power, and personal insight (not mechanical). There were technicalities before there was anything technical. Then, once the industrial revolution hit, “production” took on an entirely new meaning.

It’s as you can expect, recall, and still see industries trying to continue. During the industrial revolution production was being carried out by robots, assembly lines, programmers, and chain reaction contraptions. No grit, no personality, and no heart. The only connection was between two wires. Profits came from faster production. As a result, the process to creating goods was a stale, monotonous, banal one.

Now, though, we’ve entered the post-industrial revolution which has – I don’t want to say returned, but has reconditioned “production” and given it an all new meaning. Production has maintained its sense of efficiency and multiplicity while involving the human spirit, a person’s passion.

This post-industrial revolution is the collaboration of the assembly line and creativity. However, not in the sense that one piece of creative work is repetitively created, rather, art (whatever your art may be) is continuously created, day in and day out.

For me, I write something different every single day. Alisa Toninato, instead of molding a typical metal pan over and over, sculpts something different, again and again. Now, those who are profiting the most (financially and internally) are those who have salvaged the key parts to production, but, generally, tossed the industrial revolution concept away.

Profits don’t come from production, they come from the interaction created from making more art. And making more art comes from doing enough weird things until they get noticed.

 

Stay Positive & Potatoes Pototoes, I Suppose

Garth E. Beyer

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The Death Of Fine Print

Let me correct myself real quick: Fine print isn’t dying, but companies, businesses, non-profits who use it are. Death by Fine Print.

Fine print is like the Overly Attached Girlfriend meme, except, it’s not funny.

Fine print is a safety net, a terrible but acceptable excuse, a scapegoat to those who are building an emailing list of people whose expectations they know they cannot fill.

Fine print is like making a promise with your fingers crossed. Void, but only you know it.

If there’s fine print to any contract, any agreement, any deal, then there is a clear case of soon-to-be trust issues on the consumers end. Likely showcasing that the business is built on profiting from one-time consumers instead of repetitive investing tribe members.

Through the industrial revolution fine print was acceptable, in some cases, honestly necessary due to the risk of using machines rather than people to create what the economy and America needed. Businesses were not built on connections other than the ones you had to your right and left on the assembly line.

That has changed, yet, somehow, fine print is being used (poorly used) in the post-materialistic, post-industrialistic, economy that was built on peer-to-peer connections, not commercialism. And here is where the problem lies. Not really the problem for you or I (unless you’re still using fine print), but for businesses who think they can save their integrity with a tiny clause.

They can’t. Not when trust, connection, and interaction is what makes them money.

 

Stay Positive & I’m A Millennial And Still See The Value Of A Handshake

Garth E. Beyer