REVIEW OF THE YEAR 2014
Globalisation, as defined by rich people like us, is a very nice thing… you are talking about the Internet, you are talking about cell phones, you are talking about computers. This doesn’t affect two-thirds of the people of the world.” Jimmy Carter
Societies, now, have been divided as poor and rich; as like cast that used to be before. In the World the 85 richest people own the same wealth as the 3.5 billion poorest . More than 80 percent people in Nepal are under the poverty line. Bonded labours in Nepal (Kamlari) were freed but their socio economics condition is still even worst.
Because of the unfair distribution of resources and unhuman work by the state and corporate society inequality has been increased intolerably. ‘Divine and Right’ has been basic principle to grab limited resources for the best use of plutocrats, oligarch and crony capitalism. This is a reason for violence.
For example, due to expensive education system talented student from poor society is absolutely unable to get access higher education. It seems that education is designed for the sole benefit of rich. Basic social services like education and health have been being unaffordable for the poor and government has been taking austerity measures by taking out responsibility from welfare state.
‘‘Economic inequality can undermine the fairness of political institutions’’ . Stiglitz says ‘‘Making Globalization work will not be easy. Those who benefit from the current system will resist change, and they are powerful’’ But he further says due to intolerable inequality another world is possible.’’
It is time to raise voice at least from our place where we are. The more unity the more strength we gain so that low income group can change the society in line with their need. I am inspired and greatly motivated by the group of academia and their constant advocacy in support of rational equality (rational equality can be understood by the settings of fingers in a palm for the best purpose).
So I blog to support ‘‘fair share and humanity for sustainability’’ by disseminating thoughts and methods on increasing inequality, chronic unemployment, vicious circle of poverty, deeply divided societies and wide mistrust. Now, I am keen on understanding the causes and effect of inequality.
Thoughts I have been inspired
♦ The world will not be destroyed by those who do evil, but by those who watch and do nothing.’’ – Einstein [**]
♦ The world needs wisdom like it has never been needed it before; and if knowledge continues to increase, the world will need wisdom in the future even more than it does now. Bertrand Russell [**]
♦ To abandon globalization is neither feasible nor desirable. It has been made dysfunctional due to irrelevant discontents.” Prof. Joseph Stiglitz [**]
♦The triumph of capitalism was the triumph of balance over imbalance. In turn capitalism now seems to be getting out of balance’’. Prof. Henry Mintzberg [**]
♦ No one has reason to accept a scheme of cooperation that place their lives under the control of others.’’ …‘‘economic inequality can undermine the fairness of political institutions.’’ T. M. Scanlon [**]
♦ Capitalists are big threat of capitalism…it is time to consider new models for…conscious, moral or inclusive capitalism’’- Paul Polman[**]
♦ The crisis also reminds us of the importance of government and civil society. We do not turn to the private sector to control the spread of a disease like Ebola.’’- Prof Stiglitz [**]
♦ Global warming has become a true challenge of globalization. – Prof Stiglitz [**]
♦ Globalisation, as defined by rich people like us, is a very nice thing… you are talking about the Internet, you are talking about cell phones, you are talking about computers. This doesn’t affect two-thirds of the people of the world.” -Jimmy Carter
The year 2014 has been a successful year for INCOMESCO : Happy New Year 2015