Ecosystem theories and management system (Short version and revised)

It dawned on me as if I were slated for escalating the trend of events as well as to right the wrongs in the clutter of aberrations that we feel and witness everyday around us. I have sort of a sneaking feeling that there is an avalanche heading our way coz day after day we come to notice as to how fast things are coming apart at the seams.

In fact, if we can't afford to pick and chose in an attempt to staving off the time and are equally incapable of surpassing those outdated thoughts and harebrained ideas that ruined our financial and economic strongholds, we are liable to drift away from setting ourselves a goal to catch up the lost time.

At times, when a guy used to perceive MBA (Master of Business Administration) degrees as a jackpot to earning the highest emolument as well as reaching the summit of glory and be propelled to the most fortunate status symbol to mint a dollop of buck has become a mere subject of mockery. Owing to the barbs of criticism emanating from all parts, the creativity thereof has become vulnerable and generic.

In essence, the Reaganomics and Thatcherite outrageous dogmas of financial deregulation and monetarism, which caused the shakedown of whole setup, duly advocated by Milton Friedman and Friedrich Hayek culminated in the highest peak added by some hazardous events such as the unexpected fall of the Berlin Wall on November O9, 1989, those neoliberals were having the wind in their sails to seize golden occasions to have their places in the sun by flourishing their businesses to make fast and easy buck in those formerly Communist countries which never had experienced any sort of prosperity neither material nor an ounce of satisfaction to be the lackeys of the defunct USSR.

Without flinching, in this effervescence everybody thought there were unique opportunities to earn lots of money, and for that the most suitable formula was 'Go East'. There were many gung ho candidates fit for a new and modern adventure similar to that of erstwhile US Wild, Wild West.

Let us see how the Fed (Federal Reserve Bank) enacted triggered by Alan Greenspan, the former big shot of the Fed, and the following adage has been added to his already infamous glory, “If folks cannot have higher income, let us give them debt”. With this, under his chairmanship of machine for purchasing anything on credit, Americans became the champions of all categories of spending binge.

The other day an American society specialized in manufacturing the interior cladding of cars was very reluctant to lay off 1,000 of her employees so that she could install her factory in India where an average worker is paid a salary of all in all 69 euros. The same jobholder in the Occident earns a lump sum of 1,500 euros plus about 50 per cent of extra charges, ie., the boss pays in total about 2,250 euros from his pocket ( social security, income tax and miscellaneous expenses included.)

In the same manner, a pair of sneakers of great Trademark* such as Adidas, Nike, Reebok made in Chinese factories is available in the markets of the Occident for the price of around 110 euros, whereas when it comes out just from the factory in China, it hardly costs 7 to 12 euros to a buyer. This is how the multitask international societies rob you blind by taking huge benefits without paying a decent salary to those subservient as well as low-cost laborers of the developing countries, thereby killing millions and millions of jobs in the developed world.

If the West doesn't invent new jobs of very high quality in the field of nanotechnologies, ecology-friendly energy, bio-diversified agricultural and scientific domains par excellence applying the knowledge economy, nontransferable to certain extent, I have a gut feeling that the toll of joblessness will be so high and out of control that a social agitation is for sure on the way of making. Which is why, for the sake of amour-propre, social peace and harmony it is important that the politicians had risen to the occasion to remedy such deleterious and degrading industrial comedown.

The subprime bust that triggered a financial tsunami was effectively wrought by bankers and traders to make easy buck. There were no uncertain ways to downright betting that the housing market would tank and suck millions of Americans in the mow of foreclosure of homes with underwater mortgages spawning huge loss for the banks involved; and, to cap it all off, the bankruptcy of Lehman Brothers as an icing on the cake, awakened them from their torpor which found them hanging their heads with irritation and shame.

Point of fact, the way Wall Street shysters cheated the Main Street stakeholders by rigging them off as in the highway robbery playing freely with the deposits of commoners on the 'worldwide open casinos' is simply inadmissible. Post such banking systems' disaster, Goldman Sachs, to cite, but one, was coddled as if it had every right to fan the embers of global sputtering economy and went free of sequel to redo the same old business as usual.

If they want to keep at doing the same kinds of business, it is imperative as well as fitting that the Occident should be on a constant creation of the new jobs to maintain the same momentum and number of consumers. Otherwise, a slowing down of economic activity shall but toggle switch the new opportunities to the detriment of those involved in this rat race.

In a nutshell, these countries of the yet developing world are bound to purchase and renew their stocks of modern technology if they do not want to lag behind.

If the inhabitants of this planet do not pay heed to these seemingly easy going but cruel competition of overall transactions in an inexhaustible race against the clock, one day everybody will live to regret it.