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Pareto Principle
by V.I.G.Menon on Jan 22, 2006 10:49 PM  Permalink 

Well Mr Ninan,in you are just invoking the "Pareto Principle",ie, for any Capacity Vs Intensity comparisons,20% of the (productive capacity) accounts for 80% of the Intensity of Returns.This applies for any set of such social/physical variables.

And ,if you are trying to influence it,you may have to do it at the cost of social ordering (if my reading of "social entropy" is right,) or if you try to equalise it ,you lose "order".

You cannot have(macro economic organisation = order) order and equality at the same time in a market economy(an economics friend of mine has already dubbed it ,derisively though,as Menon's Law).But I willexplain:

Kerala is a more equal society politicaly . Yes,but ,where is the "ordering principle" there ? See Next door Tamilnadu.There is less "equality" but high "orderliness" and of course economic progress.

My thesis is ,you cannot have equality and macro economic organisation(order) at the same time .If eg., the money in the world is divided EQUALLY today,in a very short time most people will have lost all that money to a few who would have collected it...That may be the bane or boon of Capitalism depending on the POV (Point Of View)!



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name od 100 firms India Inc
by Ebrahim on Jan 21, 2006 07:20 PM  Permalink 

Please can some body email me lost of these 100 companies of India INC. (if possible in ascending order of size). my email is rupawala@rediffmail.com


Thanks

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