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Friday, 24 July 2015

Consumerism Vs Spirituality

Can capitalism and happiness co-exist?
Can you be spiritual in a world full of greed?
Can you be connected in a society of individuals?


Consumerism and greed make happiness seem like a product you can buy, but in reality nothing physical can give you permanent happiness. Only by allowing yourself to feel can you experience truly great emotions and not a highly volatile emotional state.

Are you really happy if you allow small things to set you off? Remember that only you can make yourself happy. Disconnect your emotional state from the state of the outside world or it will be too volatile to deal with.

Keep yourself in a calm, peaceful and happy state by allowing yourself to be so. Control the state that you allow yourself to be in. Why is our happiness so fragile that common place occurrences can disrupt it?

I believe that living in an ideology of individuals, bettering life for yourself, but not others, disconnects us from society. Bettering yourself at the cost of others is a sure-fire way to gain material possessions, but are they what you need?

We are indoctrinated into the ideology of perfectly free markets and unrestricted capitalism from an early age. Indeed, advertisements directly market goods to children who will instinctively apply pressure to parents to purchase certain items. In this day and age, marketing seems to have more retail power than essential goods.

Demand is farmed, not necessary.


When demand is created, people do not have free will. They are told that if they buy a certain good, they will be happy. Indeed, a number of recent commercials tells the consumer that a brown sugary drink will make you happy. Of dull taste and harmful to the body, can this be true?

I will not mention the product range, but a quick search of YouTube or Google of 'happiness' and you will understand exactly what I mean.

In essence, the creation of demand and the extension of marketing tricks restricts the freedom and lessens the wonder of the outside world. Can we be happy without discovery? We live in a narrow minded community, cut off from consciousness. Only we can change this. 

I am not saying that you shouldn't buy certain goods or services. By all means, if you enjoy it, do it. All that I'm saying is that you shouldn't let your happiness be so temporary, so fragile that the existence or absence of a retail-able product changes your emotional state. 


Enjoy life, not materials.

Live your happiness, don't buy it.


Written by J Stefan Devlin

Tuesday, 21 July 2015

Creating great content- business talk

A business is all about the content you provide for your customer. Whether it is a newspaper or a heavy machinery producer, content matters. No-one will buy worthless goods or services unless unethically duped into the purchase. Worthless goods don't get good press, word of mouth does not ensue and you do not get repeat business. In order to create a meaningful and sustainable business, you must first have content.

What is content?


Content is quite simply a product or service that a business produces to satisfy the wants or needs of consumers.

What is great content?


Great content is the value added. Your product must have something special. It must be different, fill a gap in the market and, most importantly, it must be of great value to a consumer. Adding value to something simple makes it great.

The most important part of any business is the content you provide. Therefore, you are the key to the survival of your business. You can't just be average, you have to be an entrepreneur.

The entrepreneur has that spark. He/she is creative, meaning that they think of ideas and create products. It is all about following through.

Content is the idea, the implementation and the sustaining of output. 


The idea. Find a problem and solve it. If you want to be a business person, you need to become great at finding problems in the world where solutions are possible but undiscovered. You fill demand, so you must be able to create solutions.

The implementation. Find a way to implement your solution. Don't just stand by and allow others to claim glory. Seek to improve the world you live in with the ideas you have. Start with making a phone call: then two or three... What you will find is a whole host of people ready and willing to help you deliver on your idea. All that is needed is you.

The output. Once you have the idea and the method to implement your idea, all that is required is for you to follow through. Follow through. That's it. All the 'hard work' is done. You have the idea and the means, just organise it. Be an entrepreneur, make things happen. Start telling people about your great idea, find people who want to buy it. Sell it.

Create and sell. That's business. 


I will cover some great selling techniques in a later article as I would rather you focus on creating for now.

If you are a creative person, you will think of great ideas and have great follow through. You see problems, find solutions and help society, all the while making yourself some money and a good reputation. Your content is your name, it can make and break your reputation. Put your name to everything you create and you'll know if your're proud of it. There are always risks, but who is better to bet on, you or someone you don't know? You are special. You are an individual. You have the idea.

Every entrepreneur started with an idea. 

All you need is the follow through. 


Article written by J Stefan Devlin

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Saturday, 18 July 2015

The Entrepreneur Revolution- Review

Revolution! 


A term often used by corporations trying to market their latest products. 'It's a revolution in hair products', 'a revolution in comfort', or 'a revolutionary drink'. The meaning becomes lost with repetitive use.

What does it mean?


A revolution is an exciting change, a change that creates a new society, a new way of thinking, something that changes peoples' lives. Can you call a new drink revolutionary? No. Can you call a new T-shirt design revolutionary? No. Can you call the 'Entrepreneur Revolution' revolutionary? Yes!

The book will change your thought process. We are not just worker bees completing menial tasks, but free thinkers who create worthwhile projects.

Daniel Priestley will change your mindset. The Australian author and entrepreneur draws from both his own experiences and knowledge of his mentors to teach you that each individual has their own secret to success. The book will bring you through some great ideas and methods of doing business, such as the 'Ascending Transition Model' and the 'Global  Small Business'.

The style isn't that of an author, it is that of an entrepreneur; someone sharing their story, their ideas and their experience. If you are looking for a good read, something to motivate you and teach you, I would definitely recommend it.

If you are starting a business or just interested, go for it! I am not an avid reader, but I found it tough to put this book down.

The book is full of fresh ideas with a recurring theme of a change in the nature of production. The ideas are generally discussed, with a few looked into with more detail.

The book will make you look to the future, your future. You will think about your place in the Revolution and how you can create change.

A valuable resource for motivation, inspiration and planning. 


Entrepreneur Revolution- Daniel Priestley
Advertised Price: £12.99
Buy the book on Amazon (£9.09) by clicking this text. 

Review by J Stefan Devlin


Are we Slaves to Debt?

Borrowing helps. Interest hinders. Debt kills. 


Economic growth can be achieved through a number of means. Looking to an economy like a business, it can either grow internally or externally. Internal growth could be a business increasing its range of products or reinvesting its profits. External growth factors include mergers and borrowing. 

Many developing countries see borrowing money as a method to improve stability and better their growth prospects. The extra capital can be used to fund growth in infrastructure or provide seed capital for infant industries. In the short run, it really is a miracle worker. 

However, short term thinkers don't recognise the long term economic impacts of their actions. The debt plus the interest must be paid back. Indeed many developing nations or nations in need find it tough to even pay off the associated interest. The debt increases in value and becomes more difficult to manage or control. 

Indeed, in relinquishing control of their financial security to a creditor, the country has lost financial freedom. We can look at Greece as a real world example. The IMF and European Commission continue their bailout talks and force policies onto the Greek Government. 

Syriza has been put in power through the will of the people to avoid austerity. However, we can see that the relative power of the people is minuscule compared to the power of a large organisation or a group of nations. The Greek Government has limited choice, even in its own radical leftist policies. They have backed their point of view through the referendum, but even here, it has limited effect. Unless free of the forced debt, the Greek people are not free to choose their destiny, to choose how their society works and co-operates. 

Debt can be a burden, but it can also be a God-send, on the surface...

For this, we look to China. China is a rapidly developing economy. the growth is fueled by inward investment and export growth. However, much of the economic growth here has been artificially created through bank borrowing and debt. The rapid growth is unstable and cannot continue in the longer term. They are creating a bubble of economic growth. 

Bubbles burst. 


If solutions are not found to eliminate the debt in any of these situations, the economic situation will continue to deteriorate. Such an interconnected system of lending and borrowing is fragile. 

Imagine the 'Asian Tiger' growing in size on a sheet of thin ice in the Arctic. Their economy is producing unspecialised goods, goods that should be made in areas of comparative advantage, not absolute. As the tiger grows, as does the pressure on the ice. The ice fractures. The ice breaks. The tiger falls. The tiger dies. The thin veneer of debt fuelled growth is unsustainable. When the debt cannot be settled, the economy, ever so dependent on this growth factor, withers and dies. 

Debt creates uncertainty. Debt restricts freedom. Debt creates crises. 

Saturday, 11 July 2015

Current Systems of Economies

In order to understand how we can change the format of the type of economy we use, we all first need to understand what forms most modern economies take.
The three most common forms of economies include: planned, mixed and free market. Each of these forms has their benefits and drawbacks. I believe that none of these main forms are ideal. Each have their flaws; each create non-ideal circumstances for our society.
A planned market economy is commonly found in socialist or communist states, such as China and Vietnam. In the planned economy, the state controls all business forms. there is no profit in the common sense. All land is commonly shared and none is owned by the private individual. There are no private enterprises as the state organises all production and consumption.
In the planned economy, the benefit is that no difference is made between the population. Everyone is equal in purchasing power and there is no 'one percent'. It is true, however, that within the political form of this system, party officials often spread the wealth disproportionately and inequality can exist.
As an economist, I can point out a number of flaws with this system. These include corruption, public sector inefficiency and limited choice. Ignoring the political angle of the debate, as in whether the people was centralisation, there is evidence of corruption in every known planned system. This means that the system may favour some over others, which creates further inequality.
Furthermore, as there is no profit motive, within business and for differentiated labourers, effort decreases as motivation drops. This results in less output, less quality and higher prices. Along with inefficiency, output becomes limited as the range of choices decreases. A centralised system can only produce a specific number of goods or services which means that consumer choice decreases and ultimately, welfare decreases.
However, with a centralised system, the government would have more funds for education, health and the welfare system which may in turn create a better society. Furthermore, consumers are not exploited through artificially high prices and low quantities as the state only wishes to break even.
The free market economy is an engine for growth. The government takes little to do with the affairs of the market and individual enterprise ensues. This is found in libertarian states such as the USA, to an extent. A free market economy allows anyone with start up capital and a good idea start a business.
In this case, the consumer gains from a larger range of choice. Provided the good specific market is competitive, prices will be lower and quality will be higher. In this respect, the free market generates wealth through good ownership and control.
However, this is an idealised viewpoint. This case assumes that there is perfect competition in the market, that there is no collusion or corruption. In reality, large firms take up market share in the market, work together and exploit the consumer. Those who have wealth keep wealth through unfair welfare systems and those who begin poor rarely have the opportunity to change their life.
Capitalism is good for a developing economy. It allows for economic growth and more opportunities. However, after a mature stage in growth, corporations that have established themselves in the market are rarely kicked out of the market. Instead, they form deals and relationships in order to reaffirm their place.
From this, it is clean that in an unregulated free market where large corporations have the majority of control, consumers are exploited as their casting vote has a minimalist role. Indeed, it is also clear that in maturing economies such as in Europe and North America, markets are moving towards a mixed market economy with more regulation and controls, but that still have private enterprise.
Mixed market economies have both private enterprise and public ownership, it is a genuine mix of the two above systems. It is capitalism with regulation. Often viewed as the answer to  a Utopian system, a mixed market is by far the most effective of the three discussed.
Any large corporations that are exploiting the consumer can be dismantled or regulated and goods and services, such as health care, can be provided for free at the point of use. Indeed, a mixed market is a great solution for many current problems. For example, regulations can be put in place where firms that pollute too much can be fined, lessening our impact on global warming.
However great regulation may be for a free market, however, it is evident in most modern economies that the views of firms are over-represented in government, whereas the population is under-represented. The will of firms pushed through legislation that promotes the income and living equality gap.
Each of these systems has large flaws. Although the mixed market is a short time solution, our society must move forward together. We need to create and inspire change. We need real and genuine systems that will create a platform and opportunity for equality for all. A system that allows all equal chances in life and promotes a high, yet ecologically sustainable standard of living for the entire population.
This blog and soon our YouTube channel will aim to provide both education of current systems and news, along with genuine alternatives. Thank you for reading, please share these articles and feel free to comment.
- JD

Welcome to Trecon

Welcome to Treconomics! I made this blog and soon I will make a YouTube channel. The purpose is clear and simple...

Mainstream media spins all news towards a certain cultural 'norm' of perpetuating capitalism, marking it as the best type of economy that helps everyone. In reality, however, capitalism increases the economic gap between the rich and the poor, destroys the Earth and overuses natural resources.

I am here to tell you, the people who this directly affects, that Economics is not for the few, it is for the many. Economics and Politics affects everyone's lives for the better or worse. So, it pays to understand it and make up your own mind.

In this blog and in the subsequent YouTube videos, I will be discussing fundamental economic ideas, current events and how you can make change happen.

I am but one man, what I can do, I will. Change does not follow one man, but follows a collective of idealised people. Without understanding, we cannot make change. Learn to understand and learn how to change. This is the only way we can use so that future generations do not suffer from our economic inequality.

To tell you a little about myself, I am a Northern Irish Economist, Entrepreneur and Student. I am 18, not that age matters. I want to make a change and this is my first step.

The word Treconomics follows on from Russell Brand's 'Trews' show. Motivated by a gap in the market, I aim to share True economic and business news, along with provide viable alternatives for our society.

Thank you for your support and interest, together we can make a difference. A well informed population is a disregarding government's worst nightmare.