Interview: How Procter and Gamble Learned To Love YouTube

“Action is purposive conduct. It is not simply behavior, but behavior begot by judgments of value, aiming at a definite end and guided by ideas concerning the suitability or unsuitability of definite means. . . . It is conscious behavior. It is choosing. It is volition; it is a display of the will.” Ludwig von Mises

As a former employee of P&G I am always proud to learn from the future of one of the greatest companies on Earth.  P&G provides with hundreds of consumer goods to millions of human beings at competitive and wonderful prices.  Indeed, companies like P&G are the result of team working leaders who create a better future by giving irreplaceable experiences to its consumers.  In the following video, Melanie Healey (P&G Group President, North America) and Filippo Passerini (Group President, CIO, P&G) explain how success is about networked technology, big data analytics and 1-to-1 marketing.

As Passerini asserts, what we need right now is “business people that have passion for technology but (who don’t forget) that they are businesspeople”. Further, Healey elaborates on how global channels are currently working in global scale.  As Healy explains, they create plans that “deliver strategies faster, cheaper and better” in order to create business plans in order to fulfill the business needs.

Indeed, in a globalized world opportunities appear logarithmically while strengths are developed by giving always an added value for consumers.  Indeed, as philosophers like Ayn Rand and economist Ludwig von Mises so wonderfully elaborated as it is the philosophy of the entrepreneur what allows him to pursue successful projects.  What gives the entrepreneur the ability to succeed are market signals, which are necessary to determine what people might want and how well it was provided. Even the smartest person can’t learn if a teacher uses black chalk on a blackboard in a dark room. No entrepreneur can succeed in isolation.

Entrepreneurs and successful men with values like them are what we need in the world! People ready to create something better and work hard!

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Drugs: A Legal Market is not a Free Market

English: Flower of a Opium Poppy
Image via Wikipedia

A couple days ago, Otto Perez Molina, recently elected as President of Guatemala; announced that he was willing to decriminalize the commercialization of drugs. According to U.S. authorities, Guatemala has became the transshipment point for more than 75 percent of the cocaine smuggled into the United States since 2005.  Along with this, the Opium poppy cultivation is already done in large parts of the countryside making the production of Guatemalan heroin a greater and the newest worry for the United States. The country’s elites are already part of this business and the paranoia of crimes that used be a remembrance from Colombia‘s 1990s history seems to be repeating in these Central American countries.

What impresses me the most now is how this news has started spreading around my Facebook contacts (mostly libertarians and liberals). Both groups seem to be happy to hear this announcement by Guatemala’s President.  However, both groups applaud the news for different reasons.  The legalization/decriminalization of drugs will not be the panacea we all are hoping for.  Specially not if started by any of the Central American governments.  The reasons are many and I will begin by listing some of them to open the discussion,

  • Corruption, lax enforcement, and judicial impunity levels in Central America are among the highest of the world.
  • Drug lords and their new and powerful money have been mentioned by many analysts to be already part of the politic and economic elites of these countries.
  • The Central American countries in which this drugs are produced and transported are inhabited by a large majority of people living in the lowest leves of Human Development.
  • If legalized, the trade, production and commercialization of drugs (cocaine and heroine mainly) will be regulated by these governments.
  • Without any doubt, this regulations will enable and create legalized monopolies ruled with the partnership of previous drug lords and government officials.
  • It has not been advocated by any of the political leaders which road would take the legalization of drugs. This is important, because under current legalization procedures it is not the same to get the approval for a new medicine in the market as to get the approval for a new liquor, a new energizing drink or of a new edible product.

The history of the legalization (production, trade and commercialization) of items considered by many as drugs and for others as commodities has shown that for as long as a government elite hold the power to legalize it; it was in their power to take the first steps into the acquisition of a monopoly of its trade and production.

If legalized, the emergence of a coercive monopoly would be inevitable. As noted by Ayn Rand, the governments and their partners in these coercive monopolies “will be able of setting the initial prices and production policies independently of the market, with immunity from competition, from the law of supply and demand. An economy dominated by such monopolies would be rigid and stagnant.”

If we support the complete and absolute free trade of all commodities it is necessary that we do not grant to government an intrinsic right to regulate it.  No compromise should ever be done with a government that requires regulation in order to give us legalization.  Legalization should result in freedom and not in regulation.  The drug trade should be opened to businessmen and entrepreneurs in the freest way possible. The freest way is that of requiring the traders to inform their buyers about all the necessary information about the products they are offering.

We may be taking part in a historical moment in which the most important thing are principles.  Let us remember that one of the most valuable principles of trade is Freedom; and that one of the most valuable principles of government is to seek that i will Protect Individual Rights and not to regulate their lives.

Note: To understand more which are the principles that really matter in this discussion, I invite you to take a look to the video titled: The Drug War in Guatemala: A Conversation with Giancarlo Ibarguen.

Dec. 7, 1941. Pearl Harbor Attack Footage

Video of original footage of the Declaration of War to Japan

This footage of the Japanese attack on Pearl Harbor was shot by CWO4 Clyde Daughtry. The attack occured at exactly 7:55 a.m. Hawaii Time. The original footage has since been lost, and the poor quality of this footage is due to the fact that it is a copy, and believed to be the best remaining version of this film in existence. Among the many valuable portions of this footage are shots of USS Nevada (BB-36) underway and firing back at Japanese aircraft, USS Oglala (CM-4) rolling over and sinking, and USS St. Louis underway (CL-4). Naval History and Heritage Command, Photographic Section, UM-10.

From One Prohibition to Another (1933-2011)

On December 05, 1933 the Prohibition on the production and commercialization of Alcohol was finally over in the United States when Utah became the 36th U.S. state to ratify the Twenty-first Amendment to the United States Constitution. Thus establishing the required 75% of states needed to enact the amendment (this overturned the 18th Amendment which had made the manufacturing, transportation, import, export, sale, and consumption of alcohol and alcoholic beverages illegal in the United States).

Since then, the alcohol industry (widely hated and considered evil before 1933) started developing into one of the most successful industries of the modern world.  The access to competition ignited an immense diversification of marketing, production and commercialization strategies that improved the quality, safety, additives and capabilities of the previous distilled liquors.

By 2010 The world’s five biggest alcohol companies by market cap had their hubs in Beligum Anheuser-Busch Inbev (BUD), Brazil (Companhia de Bebidas das Américas (AMBEV) (ABV); United Kingdom (Diageo plc (DEO), The Netherlands (Heineken (HINKY.PK) and France (Pernod-Ricard (PDRDF.PK).  And the industry gives provides with jobs to millions of workers around the globe.

Today, in 2011 we face a different but at the same time similar Prohibition of a product.  I refer to the research, production, industrialization and commercialization of controlled drugs (marihuana, cocaine, etc.) that has been condemned by world government with the same irrational argument once used with alcohol.

Because of this Prohibition on Drugs; the world is facing a Trillionaire war leaded by the United States politicians who profit from it. More so, millions of jobs are lost every day and in the countries in which it is produced and stored before reaching the final markets the chaos reigns (for just one story of how this chaos come into being check: The Drug War in Guatemala: A Conversation with Giancarlo Ibarguen).

Let us learn from history and save our children and future generations from committing the same mistakes.

Protect IP Act and Internet

A copyright protects a men’s mind contribution in The purest form: ie. in the the origination of ideas. This protection allows for men to freely decide what to do with his creation: give it for free, authorize some uses of it (Creative Commons), prohibit any use of it, sell the rights to the use of the idea.

Now, this recognition of Intellectual Property automatically gives to the owner a value that he can exchange for a specific amount of money and/or recognition. To the owner, this may be the stimulus for which he made the effort of creating and innovating. Also, there are many other retributions and stimulus for men to create. F.A. Hayek mentions that it is for the sake of creation that some intellectuals work and not only for the $. He made a valid point and usually this creator give for free or with some free of charge rights the use of their ideas (via CC like in this blog).

I was shared a video that claims that,

“PROTECT-IP is a bill that has been introduced in the Senate and the House and is moving quickly through Congress. It gives the government and corporations the ability to censor the net, in the name of protecting “creativity”. The law would let the government or corporations censor entire sites– they just have to convince a judge that the site is “dedicated to copyright infringement.”

The government has already wrongly shut down sites without any recourse to the site owner. Under this bill, sharing a video with anything copyrighted in it, or what sites like Youtube and Twitter do, would be considered illegal behavior according to this bill.”

Now, censorship is “the suppression of speech or other public communication which may be considered objectionable, harmful, sensitive, or inconvenient to the general body of people as determined by a government, media outlet, or other controlling body.” You could argue that it is censorship what government officials do when they put fines or take to jail those who are violating copyright rights. But also, you can argue in a higher hierarchy that yes, the officials are taking your right to “disseminate” speech and knowledge because you are violating the rights to property of other members of society. (Remember that private property is stil one of the rights that Americans haven’t managed to completely destroy… but after Patriot Act passed, anything is now possible and the socialization of Property is soon to happen there if nothing changes.)

Now the fallacious error of this video and of the claim of those who consider that Acts like this are violating men’s right to Speech can be found in the initial argument: “PROTECT IP Act is breaking internet”

Why is this fallacious?

It is a false argument because it starts by considering “Property as a non essential characteristic of the entity “Internet“. ie. They start by giving for granted that Internet lacks property rights and that it is only “Internet” when access is collective and a so called public good”. Now, the property rights or non property rights of internet are accessorial characteristics that are determined in context. For example, a chair could have different colors and still be a chair; internet could have private rights in some things and lack property rights in others but still be Internet.

Just as in radio-telecommunication spectrum legislation; If someone (a company) pays the rights of use of internet from other company or government grant and this company decides to restricts the access to the network, connections, websites, etc they have acquired a right to do so.

This private right to do whatever you please in your website enables you to do anything except violating other people’s rights. Since we still consider IP to be an inalienable right, those websites that violate it should be held responsible. That would not be censorship but the recognition of a violation of rights done by a website. That is what the PROTECT IP Act aims to do.

On Consumerism, Sex, Advertising, and Human Nature

Peacock (Pavo cristatus), displaying his tail,...

“The Ferrari is exactly the same in the human context,” says evolutionary psychologistGad Saad, “as the peacock‘s tail is on the peacock.”

Saad is an evolutionary behavioral scientist at Concordia University and author of the book The Consuming Instinct: What Juicy Burgers, Ferraris, Pornography, and Gift Giving Reveal about Human Nature, in which he argues that most consumer behavior can be explained by evolutionary psychology.  Watch his interview,

Reason.tv‘s Zach Weissmueller sat down with Saad to discuss why most Ferrari owners are men, whether or not advertising executives manipulate our minds, the strong political opposition to the evolutionary sciences from across the spectrum, and the evolutionary significance of Sir Mix-a-lot‘s “Baby Got Back.”

About 10 minutes. Interview by Zach Weissmueller. Shot by Sharif Matar; edited by Weissmueller.

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