Reduction quotes
From Motley Bytes Wiki
Contents
Bernardo_Kastrup
Irreducible Patterns
“If there are such irreducible macroscopic patterns, they — unlike cause and effect — may not entail relationships of strict necessity, but tendencies, affinities or dispositions instead... We cannot expect to pin down the corresponding events on the basis of empirical regularities and counterfactual dependences. Not only may these events not be consistently repeatable, the global patterns they reflect may be excluded from experiments by our very efforts to isolate the experimental setup and control its conditions. We cannot induce these acausal events at will. The best we can do is to pay attention to the world around us, in the hope of noticing one of them as it spontaneously unfolds... Next to causality, the physical world organizes itself along archetypal correspondences of meaning, which break down the barrier between world and psyche.”
- Source: From “Decoding Jung's Metaphysics: The Archetypal Semantics of an Experiential Universe”. Written by Bernardo Kastrup. Published by IFF Books, Washington DC. Kindle Edition. Page 53. Chapter 4.
- Keywords: Irreducible_quotes Reduction_quotes Macroscopic_quotes Pattern_quotes Cause_quotes Effect_quotes Causality_quotes Unlike_quotes Entail_quotes Relationship_quotes Strict_quotes Necessity_quotes Tendency_quotes Affinity_quotes Disposition_quotes Expect_quotes Pin_quotes Down_quotes Correspond_quotes Event_quotes Basis_quotes Empirical_quotes Regular_quotes Counterfactual_quotes Dependency_quotes Consistent_quotes Repeatable_quotes Global_quotes Reflect_quotes Exclude_quotes Experiment_quotes Setup_quotes Control_quotes Condition_quotes Induction_quotes Acausal_quotes Will_quotes Best_quotes Attention_quotes World_quotes Around_quotes Hope_quotes Notice_quotes Spontaneous_quotes Unfold_quotes Physical_quotes Organize_quotes Archetypal_quotes Correspondence_quotes Meaning_quotes Break_quotes Barrier_quotes Psyche_quotes
Adam_Smith
Wage Reduction
“When masters combine together in order to reduce the wages of their workmen, they commonly enter into a private bond or agreement not to give more than a certain wage under a certain penalty.”
- Source: Adam Smith (1776) An Inquiry into the Nature and Causes of the Wealth of Nations. London, England: W. Strahan and T. Cadell. Book I chapter X.
- Keywords: Master_quotes Combination_quotes Order_quotes Reduction_quotes Wage_quotes Workman_quotes Common_quotes Private_quotes Bond_quotes Agreement_quotes Give_quotes Penalty_quotes
Patrick_Vlaskovits
Faster Horse
“However, even if Ford didn’t verbalize his thoughts on customers’ ostensible inability to communicate their unmet needs for innovative products — history indicates that Henry Ford most certainly did think along those lines... Henry Ford froze the design of the Model T... Ford had no compelling reason to innovate in any other sphere other than cost and price reduction... But everything changed with the onset of the innovations introduced by General Motors in the 1920s, which took the direct opposite of Henry Ford’s tack of “Any color … so long as it is black” and is best summed up by Alfred Sloan’s consumer-research driven “A Car for Every Purse and Purpose”... In 1921, the Ford Motor Company sold about 2/3 of all the cars built in the U.S. By 1926, this share had fallen to approximately 1/3. And in 1927, when Ford belatedly responded (at tremendous financial cost and internal strife) to changes in the market’s tastes and competitive innovation by shutting down production temporarily to re-tool his factories and bring the Model A to the market, that percentage fell to about 15%... Yes, some customers in certain types of businesses are quite capable of verbalizing precisely what sort of innovative product one could build and sell them. And of course, customers in other types of businesses are wholly incapable of verbalizing, with any sort of fidelity whatsoever, what they need and why they need it. An innovator should have understanding of one’s customers and their problems via empirical, observational, anecdotal methods or even intuition. They should also feel free to ignore customers’ inputs. Because by now it should be clear that Ford’s adherence to his vision of the mass-market car and how to materialize that vision was instrumental in both his early success in growing Ford Motor Company as well as his later failure to respond in a timely and effective manner to rapid innovation in the marketplace.”'
- Source: Patrick Vlaskovits in the article “Henry Ford, Innovation, and That Faster Horse Quote”, published by Harvard Business Review, 2011-08-29. Online at https://hbr.org/2011/08/henry-ford-never-said-the-fast retrieved 2024-05-28.
- See Also:
- Keywords: Ford(topic)_quotes Sloan(topic)_quotes Verbalize_quotes Thinking_quotes Customer_quotes Requirements_quotes Ostensible_quotes Inability_quotes Communication_quotes Unmet_quotes Need_quotes Innovation_quotes Product_quotes History_quotes Freeze_quotes Design_quotes Model_T_quotes Automobile_quotes Compel_quotes Sphere_quotes Cost_quotes Price_quotes Reduction_quotes Change_quotes General_Motors_quotes Consumer_quotes Research_quotes Opposite_quotes Color_quotes Black_quotes Car_quotes Purse_quotes Ford_Motor_quotes Build_quotes United_States_quotes Share_quotes Market_quotes Belated_quotes Respond_quotes Tremendous_quotes Financial_quotes Internal_quotes Strife_quotes Taste_quotes Competition_quotes Shut_quotes Production_quotes Tool_quotes Factory_quotes Model_A_quotes Percentage_quotes Type_quotes Business_quotes Capable_quotes Precise_quotes Sort_quotes Sell_quotes Incapable_quotes Fidelity_quotes What_quotes Why_quotes Understand_quotes Problem_quotes Empirical_quotes Observation_quotes Anecdotal_quotes Method_quotes Intuition_quotes Feel_quotes Free_quotes Ignore_quotes Input_quotes Clear_quotes Adherence_quotes Vision_quotes Mass_quotes Innovator_quotes Materialize_quotes Instrumental_quotes Success_quotes Early_quotes Grow_quotes Later_quotes Failure_quotes Timely_quotes Effective_quotes Manner_quotes Rapid_quotes Marketplace_quotes Horse_quotes Faster_quotes