It often seems that people around the world have little in common. Culture and heritage
varies, but every society and tradition is engaged in the universal practice of business. The manner and methods may have
a regional flavor, while the basic purpose is to facilitate buying and selling. Everyone on the planet benefits from honest
commerce. Sustaining your sustenance is a necessary requirement of life.
While money may be a medium of exchange to enhance the barter transaction, the true purpose in the art of the deal
rests upon developing a balance where all parties benefit. This standard is both sensible and moral. Unfortunately, not all
parties are equal in skill or commitment to create an economic system that avoids discord and builds lasting prosperity.
The intensity that motivates an entrepreneur to take the risk of creating
a business is usually a main component that separates the owner of an enterprise from the manager of a company. The notion
of a free enterprise economy is hailed as a model that yields wealth and widespread participation. Yet, there are few lasting
examples where the private sector is allowed to reach the pinnacle of productive and efficient economic growth that raises
the standard of living for the general population.
Since
conducting business is inherently natural, the factors that inhibit or restrict commerce are artificial or contrived. Governments
operate as controlling authorities. Such jurisdictions do not generate wealth because they do not produce anything of value.
This simple principle is fact, but most proponents of the State avoid or deny this reality.
Nevertheless, global finance is the most prolific and dominating influence on politics,
prosperity and conflicts among nations. Poverty has many faces, but institutional design has more to do with intended hardship
than intentional solutions.
The subjects and topics
of the Negotium series of columns will provide a sensible and informative guide on the complexities of business, economics,
finance and global commerce. The dominance of transnational corporations of the international trading system is manifest in
the products and prices that the consumer pays.
The
term interdependence is a curse that every individual bears as the end consequence of the dubious Free Trade policy, that
each of us experience every day.
The Negotium
site provides links, references many of the most illuminating business sources available, and seeks to provide enlightened
commentary on the economic practices that affect all our lives.
The M A R K E T S site archives several financial articles and provides interactive updates on varied business aspects. The Daily Business Report features the most noteworthy article of the day.
Negotium
invites you to make a habit of reading the essays and hope you will recommend this site to your colleagues and friends.