on profitable capitalism and tastemaking
October 7th, 2009 by cpfeescapitalism is about profiteering. there really is no point in it if you are not going to make any profit out of it. it is a system of self-derived satisfaction derived from making profit, grossly generalising.
and it is in this mindframe that the economist came into my mind. do you think people read the economist because those writing it are all professors, doctors, dons and emerituses of economics and fields involved in it?
well i don’t think so. what i would like to think quite on the contrary is that these are all merely tastemakers, well disguised in their claim to excellence in their fields [measured merely against experience] . and those at the bottom in this field, i.e. the hoi polloi of the economic-related arenas [corporate etc, whatsoever name you might glitter it in] are really just following these tastemakers’ words.
i therefore cannot see any difference of this phenomenon to any other less ‘intelligent’ (note the ” - sarcasm intended) acts of mimickry- the simplest and most manifest of which is the pop-culture, the wear what ur celebs wear, do what they do.
i might be very, or even far too rudimentary or gross in my approach of stripping such a complex superstructure [of economics-conundrum] and equating it to such seemingly unsophisticated sociological behaviour. but in their most basic appearances, i believe the two are philosophically of a similar trend.
what do you think?