Functional Distress-Climate and Economics

 

Functional Distress-Climate and Economics

Climate change is discussed invariably in all forums of international importance. The World at large and humans in specific have found themselves helpless before the events of climate change. The crisis caused due to the climate change an emergency situation. Many countries who have been involved either directly or indirectly in climate change crisis are pushing vehemently the concept of tackling the distress caused by the climate change on a global platform.

This presentation is not on climate change related crisis. Simply replace the word economics in place of climate and start reading.

Economic change is not discussed invariably in any form of international importance. The World at large and humans in specific have found themselves strategically happy before the events of economic change. The crisis caused due to the economic change is not declared as an emergency situation. Many countries who have been involved either directly or indirectly in economic change crisis are pushing vehemently the concept of tackling the distress caused by the economic change at respective country level.

When something hits someone’s door strong and hard, they start to express concern. Climate change crisis in one continent shows its effect in another continent because for climate there are no demographic boundaries. The cause may be in one place and the effect felt in another place.

Fortunately, climate is one natural phenomena beyond and independent of global currency markets.

If not now then not sure when, will the global economic brains stand up to get united to redesign the global economic formula. Everything around us has changed I years and even adopted many new versions, but the same old economic model is used again and again in altered terminologies.

The harms caused by climate change are not really serious when studied with the harms caused by the economic crisis. New economic formula needs to pay attention to the wealth of the World and not just to nations. Nations are subset of the world.

 When the World is economically healthy, by default it also means that all nations in it are healthy. When a nation or few nations are healthy does not mean that the world is healthy.  Global Economist for a change needs to step out of the nation-based attire and get into the global-based attire.

A large number of global species following the rules of natural economics survive happily living by a clearly defined food chain process. Economics designed by humans invariably cause more discrimination through profits and gains resulting in a distress situation more serious than the climate distress.

Make world a better place to live by designing a new global economic order.