GREED IS GOOD, IS IT?

Thomasalwa Edison was trying to make an electric light source. He tried a thousand materials to act as a filament in the bulb. He tried Aluminium, gold, carbon fibre and even hair. On sending Electric current, the filament should be instantly heated up and emit light somewhat similar to day-light and should not melt. At last, he found 'Tungsten'. So he invented the world's first incandescent (Non-smoking) lamp. It lighted up our nights for 100 years. But now we have moved to LED lights.
Why Edison struggled to invent the electric bulb, for fame, for money, or for soul-satisfaction.
Whatever may be the selfish or selfless motive, it has benefited humanity for a number of years.

Today, New smartphones arrive every now then. The companies or corporates want to get a big share of the market and mint money. But, we get phones that are cheaper, smarter. We get benefits and goodies because of their Greed.
Why the "food-delivery apps" is able to deliver food at our door-steps without much extra cost. They even give offers, cash-back. Quick delivery is their mantra(but riders' safety is important). Are they doing us a favour? When we dig deeper, we get hidden trade secrets.
1. When you go and sit in a restaurant, they have to switch on the fans, the lights and the AC - electric charges.
2. More people require more waiters.
3. People tend to order more from home than at the hotel. They may feel 'full' and stop ordering in a restaurant.
4. Elderly people, busy people will rather order from home for quality food than riding to a hotel.
Hence the food-delivering entities demand commission from the restaurants. Again, a win-win situation for everybody.

So sometimes, self-interest, Greed benefits society. Hence economics advises 'free-market', Globalisation, privatisation, competition.
The entire world seems to be moving in this direction right now. But tread this path carefully.
--------------------------------------------------------------------------------------------------------------------------

Comments

THE EARTH, A SUPER ORGANISM

JOIN MY COURSE: "Become a programmer in a day with python" A man called 'love lock' (what a name) proposed a theory called Gaia theory, named after Greek Goddess. It says, "Earth is a self-regulating organism like a human being. The organic life in it interacts with in-organic matter and maintains atmosphere, temperature and environment". Hence the earth is still suitable for the life to thrive. Imagine, in a particular place, there are lot of flowers. Some flowers are white and some are darkly coloured. We know, white reflects light and heat while dark absorbs the same. White flowers can thrive in hot climate. But dark flowers requires cold climate. The absorption and reflection balances and the environment reaches average, warm temperature at which both the flowers can co-exist. This is the essence of "Gaia" theory. On our earth, ...

THE PARABOLA

A jet of water shooting from a hose pipe will follow a parabolic path. What is the so special about parabola. Y= x^2 Draw a graph for the above equation. It will result in a parabola. This parabola is also called unit parabola. Any equation involving square will yield a parabola. Example: Y = 2x^2 +3x+3 (also called quadratic equation) X= 2 and -2, both satisfies the equation 4 = X^2. Parabolic equations always have two solutions. Any motion taking place freely under gravity follows parabolic path. Examples: An object dropped from a moving train, A bomb dropped from flying plane, A ball kicked upwards. If a beam of light rays fall on the parabolic shaped mirror, they will be reflected and brought to focus on a point. This fact is made use of in Dish Antenna, Telescope mirrors, etc. ...

DISORDER IS THE "ORDER OF THE DAY"

Imagine a balloon full of air. The air molecules are moving randomly inside the balloon. Let us pierce the balloon with a pin. The air rushes out. Why should not the air molecules stay inside the balloon safely and ignore the little hole? That is not the way the world works. The molecules always "want to occupy as many states as possible". Hence the air goes out in the open to occupy more volume. The things always goes into disorder (entropy) and the disorder increases with time. The above statement is what we call "second law of thermodynamics". Consider a cup of coffee on the table. Suppose the heat from entire room flows to your cup of coffee, the coffee will boil and the rest of the room will freeze. Freezing means bringing things to order and arrangement. It violates the second law. Hence it will never happen. Hence heat must flow from high ...

sciencecapsules

Search This Blog