An interesting comparison
Economic Models
Explained with Cows
SOCIALISM
You have 2 cows.
You give one to your neighbour.
COMMUNISM
You have 2 cows.
You have 2 cows.
The State takes both and gives you some milk.
FASCISM
You have 2 cows.
The State takes both and sells you some milk.
NAZISM
You have 2 cows.
You have 2 cows.
The State takes both and shoots you.
BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other,
and then throws the milk away...
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.
SURREALISM
You have two giraffes.
The government requires you to take harmonica lessons
AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to produce the milk of four cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyse why the cow has dropped dead.
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,
then execute a debt/equity swap with an associated
general offer
so that you get all four cows back, with a tax
exemption for five cows.
The milk rights of the six cows are transferred via an
intermediary to a
Cayman Island Company secretly owned by the majority
shareholder
who sells the rights to all seven cows back to your
listed company.
The annual report says the company owns eight cows,
with an option on one
more.
You sell one cow to buy a new president of the United States, leaving you
with nine cows.
No balance sheet provided with the release.
The public then buys your bull.
The public then buys your bull.
THE ANDERSEN MODEL
You have two cows.
You shred them.
A FRENCH CORPORATION
You have two cows.
You have two cows.
You go on strike, organise a riot, and block the roads,
because you want
three cows.
A JAPANESE CORPORATION
You have two cows.
You have two cows.
You redesign them so they are one-tenth the size of an
ordinary cow and
produce twenty times the milk.
You then create a clever cow cartoon image called 'Cowkimon'
You then create a clever cow cartoon image called 'Cowkimon'
and market it worldwide.
A GERMAN CORPORATION
You have two cows.
You re-engineer them so they live for 100 years, eat once a
month, and milk
themselves.
AN ITALIAN CORPORATION
You have two cows, but you don't know where they are.
You decide to have lunch.
A RUSSIAN
CORPORATION
You have two cows.
You have two cows.
You count
them and learn you have five cows.
You count
them again and learn you have 42 cows.
You count them again and learn you have 2 cows.
You count them again and learn you have 2 cows.
You stop counting cows and open another bottle of vodka.
A SWISS
CORPORATION
You have
5,000 cows. None of them belong to you.
You charge
the owners for storing them.
A CHINESE
CORPORATION
You have
two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest
the newsman who reported the real situation.
AN INDIAN
CORPORATION
You have
two cows.
You
worship them. ..
A BRITISH
CORPORATION
You have two cows.
You have two cows.
Both are
mad.
AN IRAQI
CORPORATION
Everyone
thinks you have lots of cows.
You tell them that you have none.
You tell them that you have none.
No-one
believes you, so they bomb the **** out of you and invade your
country.
You still have no cows, but at least now you are part of a Democracy... .
You still have no cows, but at least now you are part of a Democracy... .
A NEW
ZEALAND CORPORATION
You have two cows.
The one on
the left looks very attractive.
AN
AUSTRALIAN CORPORATION
You have
two cows .. .and sell them to China.
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pic courtesy : http://upload.wikimedia.org/wikipedia/commons/0/0c/Cow_female_black_white.jpg,
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