Agents : M/s Shylock and sychophants
In a Market economy - what can you buy/sell in a market ? everything, everything that is marketable. Goods, Services, stocks, bonds, currencies, options, futures, swaps and other derivatives (look at the audacious definition (wikipedia)- "Derivatives are financial instruments whose price and value derive from the value of assets underlying them"). So virtually anything and everything can be a derivative - just that there should be some value and uncertainty and two fools ready to make the contract. There is an entire industry of doing this and thousands of other fools facilitating this. Excuse My use of the word - Fools. These people are otherwise called traders, brokers, investment bankers, consultants, associates. Boy!! they make millions of Dollars(i heard they have this freedom too-choosing the currency in which they want to be paid) doing something I don't understand, even if they explain with the help of ppts, reports, pdfs (thats the best they know-buggers!)
Now a bit of a economics/management talk but you have to be patient.
Since the emergence of money markets and then subsequently its two very famous derivatives currency and interest rate, and their numerous offspring the world has not been the same place. Not only people, not even organizations but whole nation-economies have been affected by this phenomenon and to an extent that affects millions of people and billions of dollars. Examples - Whatever is happening in Argentina, Indonesia, happened to South Korea and we fear might happen to India (devaluated currency, whole sections of populations going down the $2 line etc)
Will somebody explain what, how and why is this all going on!!
Well then - Is it possible then to sell say, one's past, future or even dreams, aspirations and love.
So fools(and whatever qualifiers you have). Any answers?
Inspiration - Banijyer Bistar (a special performance by special group Blind Opera at EZCC, Salt lake, Kolkata)
Sikandar a poor Bangladeshi man sells off his past (he does not have anything else that is worthy of selling) to Shylock (the owner of Shylock and Sycophants), a man who claims everything and anything can be traded. The price he gets for it - 1 crore INR.
Then he gets greedy and sells his own future, dreams, hope and everything.
Greed consumes him completely- Can I sell the future of my child? He asks.
Yes - comes the answer from the Shylock and Sycophants team.
His child afraid beyond description runs away from his home.
This forced me to think how many people in this world have already done what Sikandar was doing. How many people have sold their past- to memories, to nostalgia, to publishing houses(to make books out of it and give you your share of it). How many more sell their future(please do confuse with the thousands of futures that are traded in the market) everyday. Selling their dreams is understood, how many sell their hopes (what else could the selling of child in India amount to). Selling present -thats easy:I discussed it in Buy/Sell-I (same blog-June); we all are doing it all the time. And what is the price we are paid?
Your fat salaries to begin with, since its a bit financialized - returns people get by investing past savings, price of your stock - present value of future cash flows the list ends with only your imagination.
Please do reflect what prices you do pay for it. It is a trade after all. They are taking something for sure. Ask what? Dreams, learnings, memories, wisdom, possibilities or hopes. Ask yourself now - are you ready to barter? Is that thing important to you. Doest it really matter.Is it a deal yet.
It was a overwhelming and warm experience to learn later (except for two actors who were completely blind, we could never guess even if the name of the team was Blind Opera) at the backstage that all of these splendid (for the lack of a better word) actors were either partially or wholly blind!