Wednesday, 27 February 2013

The consequences of short term profit goals


I’ve been thinking that business is fundamentally a zero sum game. People create ideas to be more economically efficient but rarely care about the long term consequences of their entrepreneurship. Ideas which have generated “value”or increases in GDP  have often preyed upon the immediate wants and desires of people decimating the collective good that we believe exists when human beings come together in a society.  

Perhaps there are now two different classes of people, those that are hunters and those that are preyed upon.  As a society we hire the Government, who are meant to give hunters balance and perspective but they have long since been bought off by the hunters to do their bidding. If not bought off then the election cycle forces then to cater to the immediate wants of society rather than long term benefits.

As a society we work on a system of incentives and we can see that the political centre right believe this whole heartedly. They have an ideology that suggests the private sector drives innovation – which is correct.. But that only works in the short term and any long term issues caused by profit maximisation are ignored or left for the next government to deal with.

Below I list some examples of observations where short term profit is made boosting the country’s GDP but longer term they are simply storing up problems for the future that are always resolved by the collective taxpayer making our society weaker. The perennial back stop is the taxpayer created Government- the one that everyone wants to make smaller and less inefficient. Ironically, the taxpayer is often the only organisation big enough to contain the fallout from the short-term “get rich quick” schemes. I am not advocating big government, far from it. We need efficient government who put in place frameworks which look at long term consequences not short term election requirements They have to play the elder statesman role while the private sector only looks to fulfil the short term urges of the people. 

Short Term Profit
Who benefits
Long Term Problem for the general population
Result
Who has to clean up the mess that “no one saw coming”
Cheap Buy to Let Mortgages
& making loan interest tax deductible for buy-to-let landlords
Those few top earners with large deposits
“Old Money” families
No long term housing plan
Not enough cheap housing for the majority

Higher house prices and more homeless
More government subsidy for the working poor to live in cities where jobs exist
Government (the general tax payer borrows more and becomes poorer)
Cheap Alcohol
Alcohol company shareholders & employees
Diabetes,heart disease and  general health issues
Increase in violence and policing costs
Higher healthcare costs
Broken Families in a social cycle of decline

Government (the general tax payer borrows more and becomes poorer)
Cigarettes
Cigarette companies’ employees and shareholders
Lung Cancer and related diseases
Higher cost of healthcare for all
Government (the general tax payer borrows more and becomes poorer)
Cheap fast food
Lots of small business owners
Mass market food producers
Retail company employees and shareholders
Increased litter collection
Diabetes, general health issues


More expensive healthcare and local taxes for litter collection
Government (the general tax payer borrows more and becomes poorer)
Sugary Drinks / Cheap Fructose syrup added to all processed food
Food company shareholders and advertising companies
Obesity
Higher cost of healthcare
Higher healthcare costs
Government (the general tax payer borrows more and becomes poorer)
Cheap Loans to enable more transaction fees and larger loan sizes
Banks employees and shareholders
Massive mis allocation of capital to non productive resources
Extended periods of decline in the business cycle which lead to depression and suicide rates rising in the general population
Government (the general tax payer borrows more and becomes poorer)
NHS staffed with short term agency staff
Agency owners

No skilled carers with long term experience
Poor customer service and more healthcare mistakes
Government (the general tax payer borrows more and becomes poorer)
High charges for fund managers to allocate your pension
Fund management firms, employees and shareholders
Not enough money to live in retirement
General population in poverty
Government (the general tax payer borrows more and becomes poorer)
Short term entertainment over long term development and skills
Advertisers, television and game companies and shareholders
Children who grow up to have a constant need for short term entertainment with no useful skills to add to their society
Fewer ideas and a a weaker society as we create less products to sell to the world
Government (the general tax payer borrows more and becomes poorer)
Prison containment based on short term goals - "quick sentences" or no rehabilitation
Outsourcing companies and share holders
Parts of society that can never be reformed
Constant cycle of crimes against society
Re-offending
Higher policing costs
Destroying the lives of offenders
Government (the general tax payer borrows more and becomes poorer)

Thursday, 7 February 2013

How to perform untethered jailbreak on iphone iOS 6 (iOS6.1 or IOS 6) - simple tutorial using envasi0n


This Works for all iPhones, iPod Touchs and iPads with iOS 6.X, but not for the Apple TV.
TO START - Backup your iPhone - Upgrade to the latest version of iOS 6 - at present this is 6.1 - you can do this by connecting your phone to itunes and synching your phone. A textbox will pop up asking if you wish to download and install the new version of iOS

Go make a cup of coffee and and wait. Once this has completed. Unplug your iphone from your computer.
Step 1 . Download  evasi0n for Windows or Mac from their official website , click on the SHA1 long code that next to your operating system. Once downloaded extract the contents.
Step 2 . Double click the application to start it.
Step 3  If you have a pin lock on your phone. Disable this by going to Settings -->General --> Passcode Lock --> "turn Passcode off" 
Step 4 . Connect your device to your PC/Mac using the USB cable.  
Step 5 . You should see a message on the tool that says your device has been detected. At that time, the option to jailbreak will be available.
Step 6 . Click on the Jailbreak button and the process will begin. It will run a series of steps in which you have to do nothing. This takes a good few minutes, so be patient.
Step 7 . Keep an eye on the enVasi0n application. After a while it will prompt you for action. At this point all you need to do is unlock the device - i.e swipe your finger - look for a Jailbreak Icon (picture below) on your iphone and touch it once.  It will run and return immediately to the iOS home screen.






Step 8 Some messages appear on the iphone screen and there are several automatic reboots 

Step 9 Go back to itunes and restore your last backup by selecting the restore option 

Step 10 Restore your passcode on your Iphone

If you want free apps after that use the Cydia application installed on your homescreen.
Go to--> Manage --> Sources--> Edit --> Add and add http://www.sinfuliphonerepo.com. This repository contains lots of iphone apps for free (you should always support app developers and pay for your items at some point after testing them!)