Role of economics
in social engineering as one of the vital aspect delivering the ultimate wisdom
of social engineering
The author is correct when he says no one is indispensable
but at the same time every good, productive idea must be tested.
No comment must be a personal attack or counter attack on
anyone trying to push any particular ideological bias in every topic. Then
social media may also degrade itself like main stream media.
Economics, especially
modern economics is so intricate and interwoven with too many aspects and therefore
it would be impractical to let it be decided by any individual or single
organization though there may be an ultimate decision making authority.
In normal course all of us know what we want and how to get
it and then have our own reasons as to why we wanted what we wanted.
But when this process is reversed with why we want and then
proceed how to get it and get what we want then there will emerge what we like calling
in modern jargon as ‘disruptive ideas/techniques’.
But can political leaders risk taking that path? Aren’t they
expected to primarily publicize what they intend doing first and spell out how
it is going to benefit population at large?
The Why?
Maximum possible prosperity and happiness of the maximum
number may be a bottom line for any economic agenda from a socio-political
perspective.
The How?
Multiple organizations must methodically measure and monitor
the myriad aspects of modern economy.
The collective input of all these organizations must be
studied with a view to evolve a synergy that can contribute to overall economic
development and growth.
The What?
All the above activities must ensure that all collateral
social welfare aspects like job creation or employment generation, affordable cost
of living and also bring political dividends to the party that enables to
deliver such results.
How it is worked out
and delivered it must be left to the experts because modern economics is
far too complicated, beyond the scope of many existing theories, as it is based
on too many dimensions and each dimension has its own inherent inner dynamics [either
positive or negative] and dynamics of reaction to the external impacts emanating
from the constantly churning grand global economic trends and turbulence.
So, the economic developments
and dimensions too keep changing their patterns like that of a kaleidoscope in
a monkey hand or sometimes like a monkey sitting inside a kaleidoscope.
However, economics, especially as a social welfare and
developmental activity, is a very vital component of social engineering and
therefore, extremely important and relevant for politicians who are bothered
about governance and prosperity of the people and the nation at heart beyond
mere next election result minding political postures.
Let us not fall a prey to the general and unfortunate
connotations that people assign to and the beneficiaries willingly appropriate
and perpetuate as when people talk of:-
Religion- they refer
mostly merely to observance of rituals or following certain religiously
assigned duties and morals or if slightly extended, at the most referring to knowledge
of some religious scriptures.
Is religion really
confined to that?
Science- they
refer mostly merely to knowledge which is practically useful and to empirically
proven utilities and technologies.
Is science really confined
to that?
Intelligence or
intellect [most often wrongly used interchangeably] - they refer mostly merely
to those who can remember and articulate well many ideas and thoughts in a
justifying manner. Is intelligence really
confined to that?
Rationality-they
refer mostly merely to some ideologies that are presented with logically
appealing arguments or ideas but not necessarily empirical or accommodating the
sensitivities of socio-cultural values and aesthetics.
Is rationalism really
confined to that?
Politics- they
refer mostly to some mad hero worship of some leader or ideology or a group enabling
a social engineering that is in tune with the status quo that they like.
Is politics really confined
to that?
Government- they
refer to a group of people to whom they can delegate the task of fulfilling all
their own requirements as well as favors as a quid pro quo for the next quinquennial
renewal.
Is government really confined to that?
Economics-they refer
mostly to availing and availability of many comforts at an affordable cost or
free of any cost, if possible, without any efforts along with liquid currency
at their disposal to encounter any eventuality.
Is economics really confined
to that?
Role of economics in
social engineering as one of the vital aspect delivering the ultimate wisdom of
social engineering
Dressing up the menu with spices
1. HORNGREN’S OBSERVATION: Among economists, the real world
is often a special case.
2. BUCHWALD’S LAW: As the economy gets better,
everything else gets worse.
3. KAMIN’S SIXTH LAW : When attempting to predict
and forecast macro-economic
moves of economic legislation by a politician, never be misled by what he says; instead-watch what he does.
People lose their way when they lose their why.- Michael Hyatt
