Happen to read below lines and thought of sharing
"American business is about maximizing shareholder value," said Allen Sinai, chief global economist at the research firm Decision Economics. "You basically don't want workers. You hire less, and you try to find capital equipment to replace them."
http://finance.yahoo.com/banking-budgeting/article/108886/the-new-poor
Few years back as a student of Science, Technology and Society there was a professor who in one session gave an example(very proudly) on how a single machine in colonial times the British were able to produce what it took many hundreds or thousands of Indian laborers to produce the same.
I immediately put the question, is this an example of ‘creative destruction’ a term which was taught in another session of STS studies. The professor took a pause before shooting another question to me instead of answering my question. He shot back asking, Is this how you want to look at this?
I did not want to give an answer and kept quite, for that was not what I expected as an answer from professor. Had he been sincere, he would have accepted and acknowledge yes that’s another way how we exploit other countries where we sell our science/tech and make money.
I don’t think one should be a student of economics or STS to be aware of this, when watching பாண்டவர் பூமி , the mother played by மனோரமா tells the same point when her villagers are happy seeing the tractor ploughing the field, asks ‘will these people be happy if they know that this machine is going to take away their jobs?’.
Thus science, technology’s marriage with economics has brought its own price which still our English educated brains fails to accept/acknowledge.
Now will the Hindus caste system which is described in Swedish school books as
Security and gives determined roles be understood as the best social security any society could get or will it continue to be taught under English hypnotic brains as social evil which should be removed?
Thus people talk of win-win situation, this is not possible in creative destruction, instead its possible if Hindu’s caste system is rightly understood as ‘Division of Labour for society’s best social security for everyone in society’.
தெய்வத்தின் குரல் இன்னும் சிறப்பாக சொல்லியிருக்கிறது.
Monday, February 22, 2010
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