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Sunday, August 20, 2023

value addition needed not valuation games

 

These are all the result of hot air balloon concepts of ' valuation games ’. Now, the harsh reality must descend on everyone instead about ' value addition' ( value addition to existing products, economy, services, comforts, improve living in some way or other ranging from improving health care, education, infra to recreations) 

 

Not merely weird tall claims of support services. 

 

Religions lost their sheen because they were swinging between one extremes of absolutely irrelevant and outdated traditions and rituals and on the other extreme of too complicated abstracts and absolutes like 'immortality' of soul bla bla- none of which were in sync with average 'mortal' human beings. 

 

Similarly, economics swings between outdated theories and extremely unrealistic hyped valuations of unwanted so-called support services. Whereas every human beings wants in the following order ( quantum and degrees of importance given or impact on society may vary):-

 

1. Basic needs, followed by 

 

2. Comfortable living, 

 

3. Enjoyment through entertainment and recreations, 

 

4. Happiness when all above are adequately fulfilled and finally, but most importantly

 

5. Peace of mind .

 

False claims like generate peace of mind and starve without even water for days on will never work. 

 

If any supply/ service in supply chain which does not directly address the first three requirements but is a merely fancy superfluous stuff made to generate artificial demands and craving may not survive for long.

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