Greed leads to global ruin
An article in The Hindu Businessline today has discussed the impact of human greed on the world economy, environment and social issues. It says among other things: "Adam Smith observed that human beings, however selfish they may be, always have the natural instinct to help humanity in distress. He said the accumulation of wealth through free market economy would lead to poverty alleviation across the world. But Adam Smith's free market economy benefits continue to elude the poor nations. Rather it has been replaced by a grossly manipulative market economy that only seems to worsen human greed.
Economy of scale compels the manufacturer to sell his mass produced goods by any means. In the bargain, the producer causes irreparable damage to a number of sustainable economic activities interwoven with age-old culture and practices of people."
Greed leads to global ruin
The energy industry is a classic example of our greed. Unless we manage its growth responsibly, it has the potential to be the biggest polluter of our environment.
Shall we not do some introspection and look for a suitable paradigm shift based on a sustainable development strategy for all sections of the society ?
Economy of scale compels the manufacturer to sell his mass produced goods by any means. In the bargain, the producer causes irreparable damage to a number of sustainable economic activities interwoven with age-old culture and practices of people."
Greed leads to global ruin
The energy industry is a classic example of our greed. Unless we manage its growth responsibly, it has the potential to be the biggest polluter of our environment.
Shall we not do some introspection and look for a suitable paradigm shift based on a sustainable development strategy for all sections of the society ?
posted by Shankar Sharma at
1:25 AM
2 Comments:
Dear Mr. Sharma
Glad that a Mysorean is upto something better--far better than leg pulling and commenting on comments, all worth less than 2 cents.
You may have interest in reading my list of books at Amazon, on this age of greed and deception--manifesting its true colors since 1980s, in particular and in general the 20th century.
Best, MT
By
M Taher, at 11:13 AM
Dear Mr. Taher,
Thanks for providing the list of books. I will try to read atleast a few of them.
What is very important for us, in my opinion, is to utilise such gained knowledge to apply to our own situations or geographical locations, and analyse how to improve the quality of life for the underprevileged sections of the society. With more and more people contributing articles on this subject, there may be some good changes.
Cheers
SS
By
Shankar Sharma, at 9:38 AM
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