Capitalism
Author
Discussion

Tristar

Original Poster:

75 posts

250 months

Wednesday 7th December 2005
quotequote all
TRADITIONAL CAPITALISM You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income.

AN AMERICAN CORPORATION You have two cows. You sell one, and force the other to produce the milk of four cows. You are surprised when the cow drops dead.

A FRENCH CORPORATION You have two cows. You go on strike because you want three cows.

A MALCOLM GLAIZER CORPORATION You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at a Hawaiian bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more. Raise equity on the eight and buy an English football club, transfer all values to a ninth cow and leave no audit trail. The public buys your bull.

A JAPANESE CORPORATION You have two cows. You redesign them so they are one tenth the size of an ordinary cow and produce twenty times the milk. You then create clever cow cartoon images called Cowkimon and market them worldwide.

A GERMAN CORPORATION You have two cows. You re-engineer them so they live for 100 years, eat once a month, and milk themselves.

A BRITISH CORPORATION You have two cows. You import cheap foreign labour to tend to the cows needs, but the immigrants find the cows offensive and refuse to work and go on benefits instead. The cows die !

AN ITALIAN CORPORATION You have two cows, but you don't know where they are. You break for lunch.

A RUSSIAN CORPORATION You have two cows. You count them and learn you have five cows. You count them again and learn you have 42 cows. You count them again and learn you have 12 cows. You stop counting cows and open another bottle of vodka.

A SWISS CORPORATION You have 5000 cows, none of which belong to you. You charge others for storing them.

A HINDU CORPORATION You have two cows. You worship them.

A CHINESE CORPORATION You have two cows. You have 300 people milking them. You claim full employment, high bovine productivity, and arrest the journalist who reported the numbers.

A WELSH CORPORATION You have two cows. The one on the left is rather cute...

Trooper2

6,676 posts

261 months

Wednesday 7th December 2005
quotequote all
Hi Tristar, Welcome to P.H., this "Capitalism" thingy gets posted up quite often, the powers-that-be would probably appreciate it if you use the Forum "search" before posting something like this. No real harm done, just seems like I've seen it posted as a topic three or so times in the 11 months that I've been a member.


It is funny though...



>> Edited by Trooper2 on Wednesday 7th December 06:36