WHAT MAKES A COMPANY
Macharia Waruingi
Leading profound change in global health with blockchain at Actuate Foundation
A company is not an inventory of goods. To vivisect it does not help anyone to see the company inside. A company’s wealth is kept to itself only if it is invested in others. It is given to others in the form of investments. Capitalism is a system that begins not with taking away but by giving to others. Capitalism is one process by which the problems of economic production and resource distribution might be resolved. Instead of planning economic decisions through centralized political methods, like socialism?or feudalism, economic planning under capitalism occurs via decentralized and voluntary decisions.?In socialism on the other hand the state owns and controls the main means of production.
Gilder(2013) explains that ‘the belief that wealth subsists not in ideas, attitudes, moral codes, and mental disciplines but in identifiable and static things that can be seized and redistributed,' is the materialistic superstition. The materialist superstition collapses to an increasing recognition that the means of production in capitalism are not chiefly land, labour, and machines, present in all systems, but human intelligence. Capitalism finds the driving force of its growth, innovation and discovery. “Value-added” shifts rapidly from the extraction movement like digging gold or building apartments, manipulation and exhaustion of mass like crushing stones into gravel, to the creative accumulation of information and ideas. Ubrica University Science and Technology Parks proposes value addiction centres (PVAC) that will add information and ideas from the university knowledge to the produce from the farms and jua kali organizations. That is the heart of the product value addition centres (PVAC).
The cost of capturing technology is the mastery of the knowledge embodied in the underlying science. This involves knowing the technical know-how of the company. Knowledge is the only thing that increases productivity in a company. This indicates that the means of entrepreneurs’ production are not land, labour or capital but minds and hearts. Ubricoin is created to serve as a low entropy channel for actuating the minds and hearts of entrepreneurs. It means that Ubricoin will become available to finance ideas of entrepreneurs who are willing to translate their knowledge to matter. Something that is extremely needed in Africa.
Consistent with Gilder’s (2013) Information Theory of Capitalism, knowledge is money and learning is economic growth. Accordingly, Ubrica members learning how to add value to local produce will experience economic growth for themselves and the community. The STPs combining with local produce value addition centres (PVACs) create a phenomenal economic engine that will drive local economies. Such combinations distributed all through the country, create multiple decentralized centres with sustainable one health communities and ultimately sustainable one health nation.
There lacks a clear channel that could support the outflow of knowledge from universities and USTPs to the market for knowledge in the community. The USTP is an effective generator of knowledge. UBN is both a wide channel and a transporter of knowledge generated in the USTP. Produce value addition centre (PVAC) is an effective receiver of knowledge, thus (PVAC) is the market for knowledge in the community particularly that is attached to a retail store and medical clinic. These three structures constitute the Ubrica Retail Clinical Center (URCC). UBN establishes that clear channel. We will use UBN to facilitate submissions of written works to online knowledge repositories and to reward excellence in scholarly work. Ubricoin on blockchain for global health is extremely powerful as it will build financial incentives for traditionally marginalized hardworking people who contribute knowledge for the betterment of humanity.
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Ubricoin, UBN as a transmitter of knowledge has a large capacity for works of innovation that include design, engineering, manufacturing, marketing and distribution in a PVAC. Innovation is a complex endeavour dense with information at every stage. While the managing director of a PVAC will control information on many of the stages, the ultimate success will depend on the existence of UBN working as a channel through which the innovation can be consummated. UBN channel for knowledge is vital to PVACs achievements.
References
Gilder, G. (2013). Knowledge and power: The information theory of capitalism and how it is revolutionizing our world. Washington DC: Regnery Publishing
Ubricoin Whitepaper, retrieved from https://ubricoin.com/wp-content/uploads/2020/01/UBRICOIN-white-paper-V2.5-January-4-2020-3.pdf