Category: Uncategorized
Pablo Picasso’s Les femmes d’Alger Version O (The women of Algiers): 1955 “Cubism”………$179.4 million
After the fall of the Soviet Union, the communist/socialist economic signature in the world was blanketed by the “Capitalist economic system”. Even China that paints a facade of communist ideals has a market based capitalist system. The common U.S hysteria in the 1950’s still hold till today about an economy that incorporates the principles of socialism into the economy. Subtle McCarthyism (The 1950’s anti-communist/socialist movement in the introduced by Joe McCarthy; a Wisconsin Senator) is still imprinted in the minds of Americans today. It is somewhat “suicide” to have socialist principles today; sometimes deemed “unpatriotic”. If you were called a communist at that era, it speaks political murder to your career. Obama has been called a “socialist” (absolutely false) by his economically driven opponents. If it were the 1950’s, It would be grounds to impeach him.
Capitalism is simply is free to limited market economy to the individuals without government influences in production capital, competitive markets and wage labor. In the capitalist system, the common theme is “Work HARDER leads to more pay and a better life“. So it the incentive to get a better job is personally driven to achieve that certain pay-scale for a comfortable life. The idea of a merit based competitive environment is braided into the capitalist fabric. The individual achievements in academia and careers will lead to more pays-scale. This rewards theme pretty much is often found in the socialist system but the salary increase isn’t as high as capitalism. This often leads to wealth disparity between the lower-middle to upper class of the society. Even a sociological disparity occurs when the richer, upper and elite part of the society have an self-proclaimed God complex that enunciates the feeling of invisibility, higher intelligence and advanced “social species” than the common man. The socialist theme counteracts this ideology is a economic balance of all individuals in the society. All individuals are seen as economically equal and strive for a life comparable to your next door neighbor. The paradigm arises The people born into wealth aren’t accounted for in the capitalist system, They didn’t work for it….They didn’t achieve higher academic status to equate their wealth standing. This is the loopholes of the wealthy(Bill Gates, Warren Buffett, David Geffen and François-Henri Pinault) ‘s children, where they reap the benefit of their parents. Common society feel a sense of jealousy towards the children of wealth because their long hours at work with little salaries in comparison to the privileged offspring. Not saying that wealthy off-springs(trust fund babies) are lazy or dumb but Do they really have to work a 9 to 5 job to make a living? Inherited wealth goes against the ideal of merit-based system and incentives. Some people with this privilege seem to feel “accomplished” for falling into the pool of awaiting money which is a by-product of the previous generations(Old money). Ironically, the economic disparity was also seen in the socialist countries and unfortunately more pronounced. The government officials lived a life of pure frivolousness while the common society lived a life of mediocrity. So there is a hypocritical lifestyle incorporated where the government doesn’t practice what they preach. The government (elected party) in power pretty much controls the financial sector leads to corruption. In capitalism, limited government influence gives room for monopoly to occur thereby starving upcoming companies. The bigger and established companies wean out competition and set the market prices. They have a major share of the market so are entitled to dictate it by advocating the merit system. Carnegie steel, JP Morgan and Standard Oil were the most notable monopolies in the early 20th century that suffocated competition. Theododre Roosevelt enforced regulatory measures to kill companies’s monoploy. The companies were driven anymore for innovation and production but rather profit, market share and control of the economy. It was often said that the the big three companies had yearly profits that swallowed the U.S revenue.
The capitalist system indirectly grows the idea of influence of private enterprises on the government. Since they are the major players in the economy; why not politics too. The wealth feels the urge to influence and lobby the government to favor their private interests. The power the government is then more financially driven rather than politically/ public interests driven. This lobbying creates room for companies to grow close to a inches monopoly without actually being one. It is a legalized “quid pro quo” influence. This shields smaller companies with no government influence and small capital and sometimes a major innovative breakthrough from introducing a new product in the economy. It indirectly stunts growth in the economy.
Today, the U.S incorporates some forms of socialist ideals e.g Medicare, Medicaid, Veterans benefits and federal regulation in the economy. There isn’t an ideal capitalist system today but a pseudo-form of capitalism involved in China, France, Russia, U.S, Nigeria and majority of countries. Capitalism is good but it needs be checked and regulated.
Welcome to the New Month!
Cosmic Frame’s obsession of the month – Chocolate
Chocolate…mmmmhmmmm. So decadent and delicious
Chocolate is the one temptation we can never (at least we here at Cosmic Frame can never) resist. With millions of combinations, who could ever resist chocolate? With Christmas season fast approaching, we believe that Chocolate is a perfect integration to all your Christmas festivities. You could use chocolate not only in your cooking, but as a gift and decoration… oh and lets not forget that chocolate is considered an aphrodisiac, so to all the lovers out there, remember, you could use it in the bedroom to spice up your sex life. Over the course of the month, we will bring you some chocolate recipes, as well as gift and decoration ideas( and maybe some tips on how to use it in the bedroom). So be on the lookout for more CF chocolate obsession write-ups.
Architect: Xome Architects (Carolina Sanchez, Allan Aguirre)
Location: London, England
Year Projection: 2011
Photographies: Effect Twenty-one
Architects: Viviana Rock, Eliana Beltrán, Catherine I slide (Ctrl G) and Federico Table (Plan b)
Collaborator: Juan Pablo Giraldo, Luisa Amaya, Felipe Vanegas, Carolina Vélez, Clear Restrepo, Morning call Rodriguez, Julian Montoya
Location: Medellín, Colombia
Category: Infantile garden
Client: Mayorship of Medellín, Company of Urban Development
Constructed area: 1400 m2
Cost of the work: $1.500.000 aprox/m2
Inauguration: April 2011
Photographies: Courtesy Ctrl G
“Being a selfish jerk is foolish and unfair, people have to learn the hard way, I know i did”.
Hello,
Welcome to my blog of the hopefully unequivocal ideas and perceptions about the world that I love to share. I hope to entertain and educate my readers. This is my first blog and I was inspired by a certain someone to express myself using a blog #enjoy
“Success is 99% perspiration and 1% inspiration”-Thomas Edison.
💡Cosmic Frame>>>∞ and beyond💡 