You should know that I follow the following principles that I believe in and I adopt for this platform:
Realizing History leads to understanding how current business and political decisions are made.
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My business approach and my personal opinions come from :
Philosophers & Scientist such as (not limited to): Socrates, Plato, Aristotle, Sun Tzu, Niccolo Machiavelli, Gustave Le Bon, Charles Dickens, Fyodor Dostoevsky, Will Durant, Karl Marx, Milton Friedman, Philip Zimbardo.
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Dr. Mohammed Rateb al-Nabulsi influencing the way I see religion.
My father AbulMouen, my brother in law Abdulatif Joukhadar, and Homs City, Syria culture influencing my individual, family and business Values & Ethics.
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Maximizing shareholder value should not be the ultimate employees’ goal.
Profit margin should be limited. More than 20% is bravery, more than 100% is global chaos.
Borders should open in case of war. Weapons, military, and mercenaries should be the mean not the goal.
I see no value of inflation rather than destruction.
The rising of the right economic and political wings are threatening the essence of humanity.
Religion, Philosophy, and Science should explain every aspect of our life (Business or Personal) and lead to our inner peace.
Intellectual rights leads to monopoly and higher unjustified prices, hence it does slow down nations’ growth extremely.
Social life, respecting family, elderly people, ancestors, and collectiveness lead to people and workers happiness rather than pure individuality.
Globalization is a great formula for economic growth if all countries’ level is the same in almost everything. Since they are not, and they will not be by definition. Then developed countries will exploit the poor ones to make them even poorer.
Education, Health, Community, Public Services, and Social Welfare should not be privatized at all.
Socialism leads to political dictatorship but capitalism also leads to corporations to control every aspect of global consumers’ life to gain more money.
I hope blockchain succeed in minimizing the middleman. Intermediaries currently are deciding on behalf of us and holding our welfare down.
Strict laws, policies, procedures, institutionalism, put a stick in the wheel of corporations as wells as countries growth. It leaves no room for innovation nor flexibility according to personal situations.
Everything is personal. There is nothing called Impersonal in both business and life.
Diversity is a virtue. People mobility across the border increase the opportunity of knowing a culture, respect differences, hence increasing the global economy welfare.
Salaries should be based on the social impact of the profession rather than the money impact. Therefore, university professors, and school teachers, medical staff, and judges should earn more than a CEO.
Equity rather than equality. Everyone should be treated according to his/her own circumstances. Two employees’ issues are not the same case.
Supply & Demand Law does not fulfill justice and equality unless countries produce their goods and services to reach the perfect competition which is the main assumption of this law.
There is always a deep dark side of any successful business and leaders.
United Nation is dysfunctional because of the Security Council Vetoes and double standards.
Dr. Fadi Al Sakka
28th August 2018