Not a Great Depression, a Great Rebalancing - Umair Haque - The Diigo Meta page

• 18 Nov 08
  

  Michael Carpentier

  a-bloguer

• 21 Oct 08
  

  Colin Henderson

  The reason is that stagnation isn't a financial phenomenon, but an institutional one: it's a product of bad DNA. And so a resolution to the macro crisis demands nothing than less than new DNA across every segment and sector of the economy.
  
  Let's reverse that insight to sharpen it. The striking thing about today's economy isn't that lame, soul-crushing industrial-era business is imploding into a black hole of economic nothingness. That was predictable. Rather, it's that while the so-called value created by, for example, investment banks, is proving to have been largely an illusion, revolutionaries bringing new DNA to the table are able to create authentic, durable, meaningful value.
  
  By radically redefining how economic activities are organized and managed, a new generation of revolutionaries is rediscovering the long-lost art of real value creation. We've discussed many of them: Google, Threadless, Apple, and Zara, to name just a few.

  economy banking

• 17 Oct 08
  

  Eapen thomas

  economy systemsthinking

• 16 Oct 08
  

  Martin Lindner

  DNA meme cont (incl. deleveraging): By radically redefining how economic activities are organized and managed, a new generation of revolutionaries is rediscovering the long-lost art of real value creation. ...: Google, Threadless, Apple, and Zara, to name

  web20_economy digital_left meltdown _cloud fjpolitics delicious

• 

  FruFru FourOne
• 15 Oct 08
  

  James Stuart

  economics macropalypse dna strategy umairhaque

• 

  Jorge Barba

  umairhaque strategy markets economics hbr harvard

• 14 Oct 08
  

  Emmanuel Fan

  To rebalance the value equation of debt and equity, our challenge is to build a financial system where equity can also add value to corporations, instead of being simply a burdensome tax managers reluctantly pay to access capital. To do that, we have to reduce and reverse the costs that make equity relatively unattractive in the first place.

  strategy hbr

• 

  Ökonomie krise

  • The inescapable flipside to unsustainably cheap debt is that equity has been unsustainably costly.
  • equity is the costliest form of finance. Managers can't often communicate information to shareholders efficiently or credibly; managers have to bear the costs of negotiating and bargaining with shareholders; and shareholders constantly have to monitor managers, and search for better-performing equities. Conversely, debt offers simple, direct benefits, like tax shields.
  • Why do we rely on heavily footnoted reports issued once a year in a world moving at lightspeed? When Yahoo finance chatrooms regularly move markets, it's a clear signal that the informational interface between managers and markets is in a state of terminal obsolescence.
  • Why does management only meet with shareholders a handful of times a year -- if that -- in an always-on world...and often adversarially to boot?

  2 more annotations...

Would you like to comment?

Join Diigo for a free account, or sign in if you are already a member.