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Theory of Development as applied to Business


July 2, 1999

  1. In the scale of human affairs, Business belongs to the vital.
  2. In the history of social development man started as a nomad, settled down to agriculture, produced surplus, learned to use it to others, created the institutions of barter and money. Thus he came to commerce that converted his individual selfish life into communal life, making him live for others in living for himself.
  3. Perhaps, business is the first overt instance in which man is subconsciously made to realise that selflessness enables efficient selfishness.
  4. Business is the first non-material plane of production.
  5. Man tends to be a slave of his own creations such as money. It is in business that man, at least in this century, has learnt that MAN - the customer - is more important than his creation - money.
  6. Living largely through business, man is capable of bringing his soul to the surface.
  7. Business, being essentially an activity of human interaction, brought to the surface the vast significance of ORGANISATION.
  8. Business compels man to think of the other man's point of view. Agriculture for self consumption cannot serve that purpose.
  9. Agriculture can be for self-consumption. No trade can retain that character.
  10. Business thus creates the social individual.
  11. Competition that is a live link with another became active only in business.
  12. When the trader made as much profit in a few days as the farmer made over a year, man realised his own enormous insignificance and got the first small touch of the practical concept of infinity.
  13. Man who trusted only himself till then, began to extend that TRUST to another and the community in barter, money, sale and purchase.
  14. Agriculture, especially subsistence agriculture, gives work values. Business starts giving human values and social values to man.
  15. The farmer who settled in his own native village and developed irrevocable ties to the soil came to suspect those outside his village. Business broke that cocoon and extended it far and wide.
  16. Organisation in business was created by human interactions. Man strained his selfishness to create a neutral or selfless organisation when he came to business.
  17. The season-conscious farmer became the TIME-conscious businessman, thus advancing himself in the plane of Time.
  18. Human choice moves from knowledge of work to knowledge of the other man's needs and motives.
  19. One's own work gaining its value as the result of another man's determination is a facet of life that business emphasizes.
  20. Perhaps for the first time man has seen the aspect of the practical concept of infinity (at least from the selfish point of view) in business when he saw his opportunities expanding without limit.
  21. Business could build a world empire and discover that its might is greater than the power of army.
  22. Business blights ALL local prejudices as well as sentiments.
  23. The institution, money, which business has created rules the world till today.
  24. Business has been able to sustain governments as well as foster science, thus acting as a hub of life.

story | by Dr. Radut