As part of my apprenticeship I am doing a business management course.
I’m going to have to be careful not to out myself as an ML (if I haven’t already).
The economics portion of the course is pure lliberal bullshit.
But I guess that’s what I signed up for.
This was the first business economics lesson so I don’t know exactly how it’ll go but it’s more or less “starting a company in X country for dummies.” It feels like a mix of idealistic pro-capitalist-business stuff (be your own boss! passive income!) and the local laws and tax codes when it comes to companies.
Today we talked about the personal traits of a business owner and a bit about basic economics: GDP, production as a function of natural resources, labour, and capital (capital was defined as machines which make work more efficient, lol), and what money is.
I’ll probably post about class once in a while just to let it out amongst people who get it.
the bureaucracy involved in starting a business is good to know, all the other stuff seems like bullshit lol
Yeah it kinda just seems like “value comes from supply n’ demand!!1” type shit with some mysticism about how business owners are built different thrown in lol. Defining capital as just stuff that makes work more efficient sure is a… choice. I feel like so much of bougie business just boils down to “reduce cap-ex to make profits higher cuz it’s always cheaper to piss in the lemonade and charge the same price than do anything else.” And then Forbes writes like 4000 words on how innovative and august the capitalist in question is.
You have to know about the invisible hand’s job
That would be quite interesting, at least for me.
I’d be curious to see what a ML thinks of the subject matter as its presented by capitalists in the western education system.
I’ll try to keep everyone here updated.
A lot of people don’t know how to do this in their own countries. All the paperwork and red tape etc. It’s left opaque because if everyone knew how to do it everyone would also realise how easy it is if you have the starting capital, and then they’d have more questions…