Friday, August 20, 2010

opportunity. when it comes, shld we take it? is it ethical? is it economical? or isit juz another emotional judgement?

there are many factors affecting whether we do take the opportunity up. obviously, as human, as another animal with instincts, we may tend to go along it. but unfortunately, we are aware of ourselves as a part of a bigger society. will our actions affect family/relatives, friends, community, country? we have to take all these into consideration. but the very immediate cost we consider will be our personal opportunity cost.

taking the chance. will we have to give up another? many a time yes. say, i am offered a certain scholarship. if i take it up, i probably will forgo other scholarships which may confirm me a job in a sector i have interest in, and i will of course have to forgo the free time i wld have in slacking, or the time i could spend in indulging in music, sport, books. if i do not take the scholarship, i wld forgo its prestige, the education chance, the subsidy for my education. likewise, other things in life often present us with opportunities. how do we really consider whether we shld grab the chance?

from my personal experiences (which may turn out to be right or opposite thereof), people would tell me, follow your heart. yes, follow your heart is a viable option. but many a time, that is succumbing to our animal instincts. the world is harsh; realities are present. going with our hearts, does not mean going along with the hearts of others, and as important, it does not mean going along with the minds of others. they may have economical considerations, personal problems and opinions to your decision.

herein lies another question to people who ask me to go by my instincts - my instincts have generally driven me to the wrong economic benefit (and for certain situations, societal/communal benefit). shld i then, continue trusting my instincts? if my instincts bring about negative consequences to me and others, is it right/ethical to follow it? well it may still be ethical, i mean i'm not killing anyone, eating cash, forgery. is that the best?

another fundamental question. what is the intrinsic/extrinsic values of the opportunity? again, opportunity costs. say yes, u get it's benefits, and forgo existing benefits. say no, u reap existing benefits, u forgo possible benefits. the uncertain future, as keynes posits, can be strongly manipulated OR affected by businessmen. businessmen's speculations have strong effects on economy - take a look a japan, which i wld consider a prime victim of the lack of business sentiment. stagnating economy, old people. 1 smart man sae, let's go to other asian tigers, get out of aging japan, everybody get out and go to hk, taiwan, s'pore, s korea, indon, india, china. no more FDI to japan.

but of course, if the economy is not strongly affected by I, then u can draw a parallel to USA, maybe france. C and G probably more important there.

similarly, back to a personal opportunity. the parallel i'm tryna show is that, is there a possibility that ur decision has to be based on societal/community views? and what do they deem the opportunity as? or it is juz a standalone, independent personal decision?

obviously, many opportunities wld concern other people. the human factor may dictate our actions. i do not know.

in my utopian world, of course i wld like to choose, and everyone wld go along with my decision, and they do not judge and they wld accept the decision. not that i hate detractors, but i do have a dislike for pessimists. detractors may even be beneficial. but how about, in our lives, we face a whole slurry of detractors and pessimists, ready to shoot us with their guns of righteousness or holier-than-thou attitudes or sometimes, true genius, wisdom and rationalism. aww. brings up the qn. shld we trust others? HAHA

nvm. i'm getting irrational and incoherent.

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