A Quote by Kapil Sibal

Market mechanisms are totally irrelevant when resources are used to serve a larger purpose, especially for the underserved, unserved, or marginalised. — © Kapil Sibal
Market mechanisms are totally irrelevant when resources are used to serve a larger purpose, especially for the underserved, unserved, or marginalised.
Natural resources must be so distributed, by way of auction or otherwise, that they serve a larger public purpose.
The dissolution of the Oslo Accords would serve as the official act validating what we already know - that this failed framework is totally irrelevant in 2013.
As believers in democracy we have not only the right but the duty to question existing mechanisms of, say, suffrage and to inquire whether some functional organization would not serve to formulate and manifest public opinion better than the existing methods. It is not irrelevant to the point that a score of passages could be cited in which Jefferson refers to the American Government as an experiment.
Adam Smith's uncritically enthusiastic modern disciples portray his invisible hand theory as saying that market forces reliably harness selfish individuals to serve the common good. That's often true, but as Darwin recognized clearly, many traits that serve the interests of individual animals make life more difficult for larger groups.
The planet should not be used as a warehouse of resources to serve humanity's selfishness
The immediate future is going to be tragic for all of us unless we find a way of making the vast educational resources of this country serve the true purpose of education, truth and justice.
Aging people are underserved in this culture - big time. I want to stay healthy so I can serve that community and be a voice.
I think liberals have to come to terms with the market and embrace market mechanisms as the only way to run a society that produces widespread material well-being and respects individual rights and liberties.
There are some terrific resources on how to find individual purpose but relative resources on how to discover purpose and apply to an organization. My challenge was to show organizations how they could unlock the purpose of their organizations and put it to good use for employees to apply to their own jobs. The net effect is to help individuals, teams and organizations to optimize performance by understanding how to use purpose for good intention.
Music must serve a purpose; it must be a part of something larger than itself, a part of humanity.
As adults, if our top priorities are constantly directed toward the acquisition of more and better worldly goods, it will not take long to increase our love in those directions. The purchase of a larger house or a nicer car or a more expensive boat may cause us to sacrifice our resources and develop an unwise love for these symbols of success and pleasure. We learn to love that which we serve, and we serve that which we love.
The White House, in advancing the agenda for a [school] "choice" plan, rests its faith on market mechanisms. What reason have the black and very poor to lend their credence to a market system that has proved so obdurate and so resistant to their pleas at every turn?
Listening to an underserved population is how you begin to understand them and serve them better.
This is one of theprimary mechanisms whereby, if a fool says the sun is shining, we do notcorrectly discard this as irrelevant nonevidence, but rather find ourselvesimpelled to say that it must be dark outside.
It feels dangerous when people say, 'Oh, Sean Baker focuses on marginalised people.' And offensive. As if I'm standing there with my planner thinking, 'OK, where's the next marginalised group I can make a movie about?'
The efficient market theory is one of the better models in the sense that it can be taken as true for every purpose I can think of. For investment purposes, there are very few investors that shouldn't behave as if markets are totally efficient.
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