Hello Readers,

Are Creativity and Competition two opposing forces or can they work hand-in-hand? I pose this question because I have a read a publication from the early twentieth century that denounces competition in favour of creativity. The author W.D. Wattles suggests that the plutocrats of the time, namely Rockefellers, Carnegie etc were necessary at the time but they are not the future. He goes onto say that the creative genius within people can lead to win-win situations for all without having to compete with one another. He goes onto say through our inherent creative genius, which if we nurture and strengthen through use can allow us to find new solutions, ideas, inventions, businesses etc. that can become future business giants.

The problem is society in general is geared towards competition that if someone else starts something then I will not succeed. In the coporate world the scramble up the ladder is very obvious. Ego's get in the way of doing what's right and best for the organisation, this could be a reason why we see the mess of the global economy over the last few years.

So maybe creativity needs to be taught and started earlier, way back in the schools and colleges. Future citizens of the world need to be inspired to think along creative lines in all disciplines.

However, I also believe in healthy competition, because it allows people to push further the boundaries of abilities, services and what's possible. Competition brings about new innovations and new discoveries.

I believe there is the possibility for the co-existence of the two without compromising the virtues of either.

Shah Alam

Good morning from the battered shores of the British Isles.

The country is countinuing to take a hammering from the financial crisis and we have yet the April showers to arrive as the clocks go forward tonight to GMT (UTC).

With all that has been going on in the world of commerce and the corrective action that the British government has been trying to implement through Quantitative Easing (QE) or printing money, the general outlook is not very rosy. We in London are also looking at the possibility of 100,000 good for nothings descending on our streets to bemoan about capitalism and bankers as the G20 summit kicks off this week.

Funny how when things go bad it is the fault of businessmen and entrepreneurs who had the gumption to get up and create wealth and value for a nation or these days for the world. As in the past and as has been the case for millenia it is the creativity and ingenuity of entrepreneurs that has made the world a better place for all of us.

Swan Edison gave us the light bulb, Ford made the car available to the masses and today we have the likes of Apple tantalizing our senses with superb media technology.

And it is this creative ability of brave individuals that will get the world out of this mess. The world is in desperate need of people who can come up with solutions to the problems we are facing in light of the recent financial and economic meltdown. With everything that has happened people need to eat, they need a place to live, they need clothing on their back and some luxury and leisure to enjoy in their spare time. OK I concede that people may not spend as much as they did pre 2007, but they will spend albeit on a smaller scale.

I was reading an article in the Moneyweek publication and a journalist had been to Thailand recently, he asked a taxi driver what people would do if there was mass unemployment. The taxi driver replied "Well people would just go back to their family farms and grow crops". So you see this crisis is not the end of the world and we in the West are too hung up trying to over analyze what happened and then doom-mongering about the future.

What happened has happened, it's water under the bridge and we must move on. Yes there were lessons to be learned, the FSA, SEC, the central banks and the Chancellors all failed in their job as regulators of the financial system and measures should be put in place to avoid such a catastrophe in the future. But instead of trying to divert the media and public attention away from their failures what they should be doing is providing support to small and medium sized businesses as well as start-ups to kick the economy both nationally and gobally into motion. By helping these enterprises governments would be preparing the ground for them to grow exponentially when the recovery starts in earnest in 6 to 12 months time.

The UK government is pumping money left, right and centre into idiotic public schemes to have people occupied, trained, destressed etc during this downturn. We see public sector pay in the UK rise year on year while the private sector rises only marginally. We also see that the government is hiring an ever increasing number of individuals into local and central government to fill 'non-jobs' yet in the private sector jobs are contracting at a rapid rate.

What we do not hear or see is any talk up businesses or entrepreneurs being helped or aided with any free training, support, finance. The only hope young business people have is The Apprentice show with Alan Sugar which kicked off this week or Dragon's Den, a show where entrepreneurs pitch to get financing for their ideas.

Alas, most people have been hoodwinked by the media and their governments into a mob frenzy hence we have thousands descending onto London to demonstrate against capitalsimg which is exactly what those in power want. Keep the masses occupied whilst we fiddle with the books of the country.

The best thing these demonstrators could do is avoid going to the demonstration and sit down and think of a new product or service to develop or improve upon an existing idea, to increase the wealth and welfare of the people of this world.

Shah Alam