2 cows economics 2 cow economics
SOCIALISM
You have 2 cows.
You give one to your neighbour.
COMMUNISM
You have 2 cows.
The State takes both and gives you some milk.
2 cow economics 2 cow economics
FASCISM
You have 2 cows.
The State takes both and sells you some milk.
BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other, and then throws the milk away…
2 cow economics 2 cow economics
TRADITIONAL CAPITALISM
You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy grows.
You sell them and retire on the income.
VENTURE CAPITALISM
You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by
your brother-in-law at the bank, then execute a debt/equity swap with an associated
general offer so that you get all four cows back, with a tax exemption for five cows.
The milk rights of the six cows are transferred via an intermediary to a Cayman Island
Company secretly owned by the majority shareholder who sells the rights to all seven
cows back to your listed company. The annual report says the company owns eight cows,
with an option on one more. You sell one cow to buy a new president of the United States,
leaving you with nine cows. No balance sheet provided with the release. The public then
buys your bull.
2 cow economics 2 cow economics
AN ITALIAN CORPORATION
You have two cows, but you don’t know where they are.
You decide to have lunch.
A FRENCH CORPORATION
You have two cows.
You go on strike, organise a riot, and block the roads, because you want three cows.
2 cow economics 2 cow economics
AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyse why the cow has dropped dead.
A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.
2 cow economics 2 cows economics
AN IRISH CORPORATION
You have two cows.
One of them is a horse.
AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.
2 cows economics 2 cows economics
A CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.
AN INDIAN CORPORATION
You have two cows.
You worship them.
2 cows economics 2 cows economics
AN IRAQI CORPORATION
Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb you and invade your country.
You still have no cows, but at least now you are part of Democracy.
A BRITISH CORPORATION
You have two cows.
Both are mad.
2 cows economics
A GREEK CORPORATION
You have two cows borrowed from French and German banks. You eat both of them. The banks call to collect their milk, but you cannot deliver so you call the IMF. The IMF loans you two cows. You eat both of them. The banks and the IMF call to collect their cows/milk. You are out getting a haircut.