THE INTERFACE
Q This formalization is one key feature of ‘economic development’. If
you visit a so-called developing country, you’ll immediately notice diverse
veins of informal markets that draw from regional supply chains.
A developed country, by contrast, is dominated by formal supermarkets that
act a standardized conduits for transnational corporate supply chains.
This formalization extends across industries.
A For example, in 15th century Europe there were cross-country branches
of powerful banking families, but financial markets included spidery
networks of relationship-based trade credit and informal moneylending.
B By the 19th century those webs of credit were getting formalized into
corporate banks with standard branches replicated across cities and
countries.
C 20th century corporate capitalism is the result.
KR The article seems to criticise the interface. Thank GOD when I
wrote long back, on why you elders are keeping mum, on the closure of the
planned move of THE TELEPHONE DIRECTORY? NO ONE bothered. But to day to my
surprise the same form in a different mode.
A When the private family like sankalinga Iyer was running
Kallidaikurichi finance, there was honesty in lending and borrowing; thali
will never be accepted as a pawn. And int rate was nominal and not meter
and centimetre. And if there is loss, that family becomes IP. So many
families and its members ran away from the villages or committed suicides
also.
B Then India cements came and all the holders names and addresses were
known to all even if one is uneducated. Public was aware of the people and
even could walk through the houses and streets of such holders. There were
no classifications of the hiding and the hidden. Open transparency.
C None had any intention of sucking anyone’s blood. Homes will be
ransacked if wily things burst out. Business had greed but swadharma kept
the limitations to safeguard the interest of everyone. IPs were in large
numbers; even chettyar funny sides used to be spoken. TODAY, are there
insolvents in business?
The west had different gates. They devised many rules to safeguard
their capitalists’ interests; but the Govt protected the investors; there
the business was only a cut- throat one. Where the defaulter is a fraud
neither politicians nor Govt interfered even if George Bush. But Indians
took the relevant aspects; combined their greed with politics; and framed a
new set of rules; made the veils; dumped the sources to trace; and became
corporate where the investors became puppets and golden egg laying geese.
“Sanmar’ is the evolution. Sellers’ market. Who is responsible for all
these? You and me. Politics, executives and the judiciary all. Backboneless
groups. Interface was given by us the veil
K Rajaram IRS 9624 NB The names used by me for evolution theory only;
and they are good people in the industry and finance; safe people; doing
safe business; Raman, kasi and all known to me. Thank u
---------- Forwarded message ---------
From: Rangarajan T.N.C. <[email protected]>
Date: Sun, 9 Jun 2024 at 10:56
Subject: corporate avatars
To:
The Three-Faced Interface <https://www.asomo.co/p/ai-corporate-personhood>
The Three-Faced Interface
Brett Scott
The evolution of corporate personhood in the age of AI
<https://www.asomo.co/p/ai-corporate-personhood>
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