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The economy

 
forum comment
#0 The economy
 
Wannabeconsult
28.06.13 00:00
 
How do management/strategy consultants benefit the community, the economy or any other person or group? (if they do at all?)
 
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#0 RE: The economy
 
detoilet Consultant
28.06.13 00:00
 
dead easyWe 1. earn higher than average money;2. pay higher than average tax which in turn;- i. pays benefits for those in need ii. buys infrastructure like tunnels and prisons for the poor south iii Pays for NHS IN 2 WAYS -A. we have private health insurance so don't use it when we really needB. Out of the goodness of our hearts still pay for the NHS so our eastern european friends who need it can use it3. Buys higher than average lottery tickets per week; in turn which 1. donates shed loads to good causes, speed bumps outside schools, dog mess adverts in villages and subsidised ferries to Scotland Islands etcDo I really need to go ON ?DC
 
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#0 RE: The economy
 
Wannabeconsult
28.06.13 00:00
 
Obviously i meant more in terms of the work they do.
 
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#0 RE: The economy
 
Wannabeconsult
29.06.13 00:00
 
Okay, obviously they dont help the economy at all then haha
 
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#0 RE: The economy
 
Mr Cool
30.06.13 00:00
 
I'd say DC has it pretty much on the nose.When the world's governments and banks need to pass money into the economy in order to continue the facade that the plates are still spinning, management consultancy firms, large infrastructure projects and regulatory change (such as Basel, MIFID, Solvency 2) are three of the main ways that they can do this.All three provide a conduit for money to pass into the economy with no requirement to produce any tangible output. The interaction between these three major conduits also means that the same money can pass multiple times around the community, so by the time it looks like the subsidy has had no benefits, a new initiative will already have replaced the old one.For a more detailed explanation, google "ponzi".The only real question is - what will implode first? - the Sun that provides the planet with life, or the money-go-round that makes life such fun for those with a seat on a painted horsey.
 
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