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Wednesday, October 31, 2018

Emerging economic perils

Emerging economic perils purveyed through perspectives based on everlasting virtues of hope, faith, love and forgiveness manifesting through passion, compassion and dispassion. "The most effective way to destroy people is to deny and obliterate their own understanding of their history."George Orwell 

I would like to add ' or by preventing them from even getting prepared to face the obvious and looming crisis as it happened in some countries in the recent past.

Modus operandi are:-

1. Making a generation get into identity less 'vacuous inanity or inane vacuum.' or pushing a generation into over emphasized cages of identity veneration.

 2. Irrelevant extrapolation of specific ideologies on multiple domains or indoctrinated fixation fettering any movement ahead.

3. There are multitude of other ways too by which majority of the population and all their energy, time, mind space get struck in a whirl pool of rigorous routine merely to survive the crisis.

4. Then, there are those perennial luddites who actually emerge with a masks of extreme right and extreme left who block many developmental activities as well progress.

These status quo addicts and vested interest lobbies through their tentacles get strength from outside funding flowing towards economically unproductive activities and while the parasites the propaganda production houses, fake news factories and industries that incite protests and opposition, namely the media, unleash all sorts of brainwashing tactics which can trap even well informed and educated folks.

What is the crisis and what different nations are doing?

The crisis is the emerging economic meltdown where things are unpredictably manifesting, unfortunately, in such a manner that a globally acceptable and beneficial standardization and uniform structure is eluding the decision makers and their advisers. However, the hope is only people with practical knowledge and hands on experience at ground level can turn around things provided they get some help from governments. "You may not control all the events that happen to you, but you can decide not to be reduced by them" Maya Angelou. No nation can thrive on mere trading and financial ( manipulation) services without any other value addition combined with lack of rich natural resources and native skilled man power

Every nation cannot afford to import skilled man power and run their economy.

This may not be not only economically viable but politically unsustainable in the long run.

This is where some countries have moved up because of its sound manufacturing sector and well groomed skilled man power. Some emerging powerful economies too can pitch in provided there is either natural synergy based on national interest marching ahead with economic development oriented humanitarian harmony based social structure leading to a growth of civilization ( as happened in the early part of this century in some countries) or forced dissent free economic development.

I was contemplating on writing on the theme ' Fractured growth and fragile economies' with data and observation.

That is when I noticed that countries blessed with some existing natural resources and/or backed by assets, well developed infrastructure and institutions may survive better.

 At such junctures it is better to be at least informed about the macro developments and possible micro solutions and it is in this context a comprehensive knowledge of, if not all, at least various aspects of life becomes imperative.

This is when Thomax Huxley's famous following quote becomes all the more relevant today as some knowledge, data and certain amount of understanding becomes important for wading through life.

"Try to learn something about everything and everything about something". And my ever favorite quote, " “In the end nothing less than the whole of everything can be the truth of anything at all”- William James

Can any over generalization or homogenizing uniformity or over simplification bring about a common ground to enable a eco system to face such crisis?

It seems more of a utopia rather than a practical solution because whenever a nation or a business or a particular stream of economic ideology is a beneficiary of any global standardization or structure then it is propagated, publicized and even pronounced as a panacea but when the same nation, business etc become a victim then they start dumping the same standardization and structures as unfavorably balanced or unduly favoring some.

 “Nothing that is worth doing can be achieved in our lifetime; therefore we must be saved by hope.
Nothing which is true or beautiful or good makes complete sense in any immediate context of history; therefore we must be saved by faith.

Nothing we do, however virtuous, can be accomplished alone; therefore we must be saved by love.
No virtuous act is quite as virtuous from the standpoint of our friend or foe as it is from our standpoint. Therefore we must be saved by the final form of love which is forgiveness.” ― Reinhold Niebuhr, The Irony of American History.

Hope, faith, love and forgiveness - all the four words are used to express multitude of emotions sometimes relevantly and at times irrelevantly.

However, the very emotions, ideas that these words conjure up hold great influence and impact on how we relate with people, things, situations and issues.

These four require a composite mixture of passion, compassion and dispassion,

I would like to share an anecdotal reference here . It was during ThinkEdu16 conference in concluding session Sri Sri Ravishankar answered spontaneously very well to Vice Chancellor of a university in very simple terms how to avoid irrational depressions due to high expectations and corresponding disappointment.
He used just three very effective words.

 “He said you definitely need 'Passion' to perform effectively but 'Dispassion' to carry on with shortcomings and failures. He said when you succeed in Passion you enjoy, when you have this 'Dispassion' then you do not 'hate yourself' between these two if you have 'Compassion' then you do not hate or blame others. So, he said you need Passion, Dispassion and Compassion -all the three.”

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