Forms of capitalism :)
- View SourceHi everybody,since it is sunday, I thought maybe we need some smile..I think this is a good work about understanding different forms of capitalism:)Have a nice sunday,OzanFORMS OF CAPITALISM
TRADITIONAL CAPITALISM:You have two cows.You sell one and buy a bull.Your herd multiplies, and the economy grows.You sell them and retire on the income.
AN AMERICAN CORPORATIONYou have two cows. You sell one, and force the other to produce the milk offour cows. You are surprised when the cow drops dead.
A FRENCH CORPORATIONYou have two cows. You go on strike because you want three cows.
A JAPANESE CORPORATIONYou have two cows. You redesign them so they are one-tenth the size of anordinary cow and produce twenty times the milk. You then create clever cowcartoon images called Cowkimon and market them World-Wide.
A GERMAN CORPORATIONYou have two cows. You re-engineer them so they live for 100 years, eat oncea month, and milk themselves.
A BRITISH CORPORATIONYou have two cows. Both are mad.
AN ITALIAN CORPORATIONYou have two cows, but you don't know where they are. You break for lunch.
A RUSSIAN CORPORATIONYou have two cows. You count them and learn you have five cows. You countthem again and learn you have 42 cows. You count them again and learn youhave 12 cows. You stop counting cows and open another bottle of vodka.
A SWISS CORPORATIONYou have 5000 cows, none of which belong to you. You charge others forstoring them.
A CHINESE CORPORATIONYou have two cows. You have 300 people milking them. You claim fullemployment, high bovine productivity, and arrest the newsman who reportedthe numbers.
AN INDIAN CORPORATIONYou have two cows. You worship them.
ENRON VENTURE CAPITALISM:You have two cows. You sell three of them to your publicly listed company,using letters of credit opened by your brother-in-law at the bank, thenexecute a debt/equity swap with an associated general offer so that you getall four cows back, with a tax exemption for five cows. The milk rights ofthe six cows are transferred via an intermediary to a Cayman Island companysecretly owned by the majority shareholder who sells the rights to all sevencows back to your listed company. The annual report says the company ownseight cows, with an option on one more. Sell one cow to buy a new presidentof the United States, leaving you with nine cows. No balance sheet providedwith the release. The public buys your bull.
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