capitalism - Most popular for January 2008
Viewing all posts which authors have tagged ‘capitalism’.
You can also subscribe to this tag's feed.
In the first of our two seasonal business development posts, we looked at the inevitability of
recession in 2008 while today we focus on why recessionary pressures are a great time to develop
creative trading strategies for gambling markets.
The key word here is creative. When the global economy is in bust mode, there is always an increase
in the liquidity of the global betting markets.
Licensed Betting Offices (LBOs) are a post-modernist artifice in which a traditional betting
environment has had its modern objects liberated from their original function. This new
infrastructure exists within the societal scam that is British bookmaking but the purpose of the
modernity of the environment is to optimise the returns to the bookmakers by utilising a range of
post-modernist and/or psychological devices.
Everybody has got a price.
According to our own individual and hidden agendas, shareholder capitalism enforces that we all set
proprietary thresholds relating to our employment and consultancy choices, our environmental
footprint and our degree of competitiveness in the workplace. Some people also set proprietary
benchmarks relating to the use of inside information, bribery, kickbacks, corruption, criminality
and coercion.
It is a reason not to be cheerful that work commitments have prevented any of our Trading Team from
attending the African Cup Of Nations (ACON) in Ghana. The tournament offers proper football with
minimal corruption as the personal prizes available to the players extend far beyond the tournament
itself - the ACON is a passport to a potentially secure financial future if a player is picked up
by any of the numerous European agents attending the event.
"I'm a professional. I am 100% right".
So said referee Mark Halsey yesterday to Ipswich manager Jim Magilton after making a sending off
decision that was, in fact, 100% wrong. However, the man is most certainly a professional...
There are two fundamental factors that allow corruption to occur in a financial marketplace.
"Promoting choice and value for all gas and electricity customers" is allegedly the raison d'être
of Ofgem - one of the British government's utilities watchdogs. This bold claim is hardly supported
by recent events. Such occurrences provide a fine example of the skewing of incentives in order to
render the regulatory bodies toothless.
The one true universal city of Manchester has always suffered from being a testing ground for the
antisocial policies of a centralised government. From the cotton mills and workhouses of the
industrial revolution (sic) through to the supercasino and psychopathic football club ownerships of
today, we are the laboratory.
Painful as it is to paraphrase plastic Preston people, the "Premiership - You're Having A Laugh"
chant targeting Derby County fans on Saturday was, in our estimation, the joint funniest chant of
the season to date (alongside Manchester United's "What The Fuckin' Hell Is That?" greeting of
Peter Crouch entering as a substitute at Anfield).
