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Summary TedTalk Reflection

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A precise reflection of a TedTalk.

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Uploaded on
August 15, 2022
Number of pages
2
Written in
2021/2022
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Summary

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REFLECTION 1


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Reflection

The Freakonomics of McDonalds vs. Drugs-Steven Levitt

One of the key objectives is to challenge people to their daily meetings and discuss new

truths in greater depth. The questioning of Levitt's concept of ordinary intelligence often makes

sense by emphasizing that he doesn't always trust. The word 'wisdom' in the sentence could mean

that conventional wisdom is still applicable. Still, Levitt spread the error by combating

traditional knowledge of the excessive quantities that all drug retailers have to produce. The

similarity between the divided Empire and Corporate America was the primary strategy. Levitt

uses the unorthodox example to educate the readers about the organization of companies, with a

large part of the money invested by certain upper-class people and hundreds of low-ranking

personnel at the top of the pyramid to increase and divide all small sums. That's how most

companies are run and all from Wall Street to McDonalds in America.


The belief in the meritocrats and the idea that hard work will enable people to grow and

become productive is one of the principal values which drives American capitalism. This

approach attracts low-level business staff, such as foot soldiers, who think they can step up and

play the part they want while they are working. One of those organizations is the Black Disciples

labor market, where many people fight for high places. The majority of people cannot succeed.

However, like the Board of Directors of Black Disciples, take a great deal of money for

themselves. The film business, where talented workers compete to become one of the few elites
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