So they can see where the buisness is doing well, where it's not doing well, or maybe how rescorces should be allocated

Over the course of the year, we earned some money.

And so your profit is 100.

Democracy Comes Second

So this right here you could view as our income statement.

How?

The customer pays you 200 for your services

We're going to explore in the days and weeks to come the contrast between consequentialist and categorical moral principles.

On the cash basis it looks like you lost money again.

Let's now account for the same series of events but instead of doing it on a cash basis

When democracy came to India 60 years back it was an elite concept.

Diseased old mystics.

We do this in a legitimized way only after our democracy has asked us to do so.

That is snobbery.

Oceans come and go. Mountains come and go. Glaciers come and go.

It is extremely important that Iraq held elections to a constitutional assembly. This has produced albeit with a certain amount of external pressure notably on behalf of the Sunnis a document that may provide the basis for the rule of law.

Give a better indication of what's actually going on in the buisness, and the way I did it in the first two videos, the first column over here

Now we've given up with the idea of sermons.

let's do it on an accrual basis.

So this kind of the cash income statement,

So both cash and Accounts Receivables are assets.

So how then do we reunite the two halves of the agora?

No, legally, you still are.

You never get off, and you never really feel satisfied.

Sexist cavemen at that.

The human voice

We'll talk about that in a second.

My parents with their pureblood mania.

We say, China, it's yours.

When did Democracy come into existence?

Democracy encourages freedom.

Capitalist jihad. Smart.

This is the day on which the Constitution's fundamental spirit, the sovereignty of the people, respect for fundamental human rights, and pacifism, are all reaffirmed.

Here, I interviewed people who were residents of formerly communist countries, who had all faced the challenge of transitioning to a more democratic and capitalistic society.

On the political level the response was the nationalist and fundamentalist revolt of the Maccabees.

And you didn't have to spend any expenses because you didn't do any accounting.

It has caused enormous misery, and we have to know what's going on in our world in order to change it.

The day we stop believing democracy can work is the day we lose it.

I'm finishing on this line.

He was excited by nationalistic sentiment.

Now, I would love to tell you that the fact that the open source programmers have worked out a collaborative method that is large scale, distributed, cheap, and in sync with the ideals of democracy, I would love to tell you that because those tools are in place, the innovation is inevitable.

And that regime that we got rid of was actually a dictatorship, an authoritarian regime, that for decades created a great sense of paralysis within the nation, within the people themselves.

Maybe as people, because especially in Israel, we're in a democracy.

And one of the art forms that elicited the interest of the agency, and had thus come under question, is abstract expressionism.

And so in month 4 we earned 100, and once again, 100 went away from our cash balance, so we still have 400.