FOUNDRY TECHNOLOGY COURSE ON-LINE
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THE THREE-LEGGED STOOL

NATURE OF THE STOOL

A three-legged stool is definitely more stable than a four-legged one. With it there is no occasion whatsoever of wobbling as is possible with stools having more than three legs. All industries sit on such three-legged stools whch are made of the User, the Producer, and the Government. However, on this precarious three-legged perch lies eminent danger. If one leg weakens, for one reason or another, the Industry could go toppling down. Proffered in the following discourse is what is meant.

IN AGRICULTURE

Agriculture includes the farming, the fishing, and the forestry industries. The User of the products is the population; the Producer is variously the farmer, the fisherman, and the forester; and, of course, the Government is represented by the various agencies mandated to regulate these factors. The setup is such that there is an Interloper between the User and the Producer who manipulates both supply and demand; and between the Government and the Producer where he manipulates a diversion of gov-ernment funds and resources which are in-tended to improve the capability of the Producer.

IN MANUFACTURING

Manufacturing includes the three major sectors of the Metal Industries: the iron and steel, the non-ferrous metals, and the mechanical (or metal) engineering industries; and the similar other sectors under the Chemical Industries, the Rubber Industries, the Leather Industries, the Semi-conductor Industries, and the various Food Industries. Since from the overall point of view, there is only a slight difference, as far as setup is concerned, among the different industries, for simplicity we shall focus on the Metal Industries. The ultimate User is the population, but intermediate Users are the downstream Producers of the Producer, creating a continuous chain of Producers. Of course, the Government is represented by the various agencies mandated to regulate these factors. Here, Interlopers exist manipulating the supply of raw materials, on the one hand, and another set of Interlopers manipulating the government funds and resources intended to improve the capability of the Producer.

IN SERVICES

Services include malls, hospitals, hotels, restaurants, service stations, transportation (air, water, and land), etc. too numerous to mention. Here the User is very obviously the general public. The Producer is the facility offering the services and, of course, the Government is represented by the various agencies mandated to regulate these industries. Here we find practically no Interloper between the User and the Producer, however, there are some Interlopers between the Producer and the Government who manipulate franchises and equipment which are supposed to improve the operations of the facilities.

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