[size=44]Winners capture the whole market ...![/size]
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Winners capture the whole market ...!
Dr. Mohammed Saleh appearance
The phrase is close to the title adopted by the professor of economics and famous administration at Cornell University in the United States Robert Frank in his book published in 1995 with a colleague and tagged: Winners capture the whole (community), which stated that a few of the American people who live in More than 1 percent of the US population accounts for more than 40 percent of the country's total annual income growth. It is remarkable that very few of those lucky people have the skills and talent of either the sports market or the music and singing market Or cinema marketsAnd publishing, are able to capture the huge revenue generated by these markets annually compared to the average revenue of the whole market. This is because the public consumers and companies are looking for those skills to make them winning forces to capture the market rapidly. Differences in talent, skill, or fame, albeit few, inevitably lead to large annual revenue returns and a huge accumulation of wealth compared to other competitors. In fact, globalization today explains an important aspect of this acquisition because of the communications revolution between the world's regions and markets In 2007, British footballer David Beckham made a big wave when media outlets gave up the player from the Royal Madrid Football Club for signing a contract with the US club Lollis Angeles Calcey for 250 million dollars For five Aawam.olaykhvy everyone queen Canadian folk singing Shania Twain has got tens of millions of dollars sold millions of CDs in the singing market across the world. But the question is whether the penalty kick by David Beckham, who probably does not miss the target, is worth $ 50 million a year, and does the player really have a social value? But he says that making fictional incomes like Beckham or others will push people into looking for wrong jobs. Instead of giving students a mathematician's education, they spend their time training on athletic skills they are not physically capable of. The answer comes from the Austrian school of economics, especially from the world (Karl Manger) in his book The Principles of Economics 1871.
In his dialogue with Adam Smith about the difference between the utility of a glass of water and a piece of diamond when dealing with the subject of the value of things. Karl Manger ends up with the margin question, which conceals all this dialectic truth! [size=11]But how do you imagine that you are in the desert and you are thirsty? Are you ready to give the piece of diamonds in your bowl for that first mug or the first one? Football is like the benefit of the first mug of water in the desert, not the third or fourth mug. The value of things is a subjective issue defined by scarcity, which is called economic revolution, but the productive work remains the source and basis of value.
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