Showing posts with label Economics.. Show all posts
Showing posts with label Economics.. Show all posts

Sunday, July 7, 2024

Geopolitics at Pause

 Geopolitics at Pause

As an author there is a self-giving freedom for imagination and a diplomatic freedom of expressing the same. Not all thoughts germinating from the mind of an author is received with openness. Critics are part of the play. This article will have no less a surprise if critics emerge from any part of the digital wave.

Geopolitics is a stage where invariably all countries from all identified continents participate. Players are many and all of their focus will be centric to economics. Strangely, countries with divided opinion come out on the stage as paired ones expressing strong hatred. Every geopolitical event gets magnetized between such two countries that confront to divide the globe.

War for supremacy, race in conquering space, race in exhibiting supremacy in war strategies, race for putting up leading technological progresses, race in development in medical expertise, economic race for dominance, race for currency supremacy, and the list keep adding every passing day.

When two countries with rich history, progressive thoughts, facing each other as opponents on global stage decide to shred away their differences, set in a pact for openness, evolve a plan for trusting each other, respecting each other's intrinsic goodwill, signing a historic document to never show any sign of hatred between them, accepting mutually benefitting trade formulas, integrating by way of respect to respect and honor both its citizens, ensuring a stronger bond that cannot be diluted by any envying nation, agreeing to share their natural richness of resources for progressive future, agreeing never to edge out each other for dominance, will set the act of Geopolitics at pause. 

Which two countries could, with privilege in qualification, participate in a futuristic act such as one dreamed in the previous paragraph is an open option for readers to fill in their mind. Many readers may weigh different combinations as options to test the pattern set in the dream that can pause critics of geopolitics for the next 100 years. 

Many may start with the US and Russia, Russia and Ukraine, Iran and Israel, Egypt and Israel, India and Pakistan, North and South Korea, Japan and China, and many more. As an author, I too, use the privilege of choice from many options available. It just struck that these two countries should have a rich cultural history that complemented each other all the way back in time. 

That two countries which had rich cultural history that complemented each other, having huge potential for mutual economic activities, rich is participative markets, not keen to exercise supremacy by war and conflict, interested in diluting all differences grown in passing times, ensuring trusted transparency in agreement, agreeing to pay mammoth cost of significant proportion if breaking the trust bond, and going ahead to shake hands and sign the mutual and powerful document that will silence all critics, start to worry international economist, mute all international critics and cause a pause on geopolitics will be the first two highly populated nations in Asia. 

If an honest pact of trust between the two most populated nations in Asia happen, then all superpowers will be in a state of muted shock. To do or not to do is not in our hands, to dream and not to dream is a personal choice. But unbending super-powers will simply have sleepless hours in years to come if something like that happen.
 

Wednesday, July 3, 2024

Technology and Spirituality

 Technology and Spirituality

Technology and Spirituality may seem to be a mix of water and oil or something two events moving in the opposite direction. But it actually may not be that way to understand. Technology and Spirituality has some uniqueness, both are on a progressive side. They both move their adaptors or, to catch the right word, users in pattern of progress. 

A stagnated technology and the stagnated spirituality cannot hold people together for a long time. People basically need change, change in ideas, change in the way they do things, change that keeps them busy in syncing with what is happening around them.

Spirituality may prefer to stay out of the lane meant for technology, but in reality, it is not possible for that to happen. Spirituality always believes that there is something greater than an individual. All the forces beyond the reach and control of humans are deposited into spirituality. 

Interestingly, technology is something that aims to reach out and control things that were not humanly possible. With little realization, people still do not understand, that every technological development, breaks down old spiritual understand and rebuilds newer ones in their mind.

May a time people feel like coming closer to spiritual realization, knowing more about self, but in each of such advancements there is a setback which secretly raises spiritual platforms to new heights making people travel the added length by marching towards it.

If for experimental purpose humans stop technological advancements for next few years, the pattern of their living will make them so mechanical, a repetitive living being, they will literally have no feel for a spiritual realization, because nothing is any more challenging. Everything looks to be so programmed that it happens systematically, even without any indulgence and interventions of humans. 

In such a condition, man will be another creature in nature like all other creatures, accepting the life the way it is spread out. Such situations will make humans come very close to nature and the closeness will be such that acceptance of events programmed and planning to live with it will be the only mechanized preference giving no scope for spiritual journey. In fact, in such a case people may not need a spiritual enlighten because nothing is going to change.

This very monotonous patterns are broken by technological advancements; by bringing new technologies we also bring in new challenges, and the march towards tackling such new challenges becomes a priority. It is then that the humans imagine existence of powers beyond their reach. It is only then humans believe in spirituality.

As technology progress and develop, spirituality is taken to new heights. Technology becomes tangible force and spirituality becomes an intangible force. Technology will never nullify spirituality and spirituality will never halt technological progress. The fate of technology and that of spirituality are embedded in each other.

Tuesday, June 25, 2024

Power of an Economy

 Power of an Economy

Economics teaches how to manage resources that are scarce. Economics once was human centric. It will talk more about demand and supply in relation to resources based on needs and wants. Satisfying human needs and wants using available resources to maximize satisfaction and score in profits used to be the key element in economics. 

Current day economics has enlarged its scope of analysis and entered many new areas needing economic inputs. Agricultural economics, Climate economics, Water economics, Health economics, Rare-metal economics, Space economics, Military economics, Social-Political economics, and many more. Looks like scarcity is not scattered but spread over everywhere and in all things. 

Any society needs to keep itself economically active and agile. Digital revolution has put more stress and strain on economics both directly and indirectly. Many fields of business went into fold and many new businesses started to unfold. All looks to be an integral part of economics.

Then what could be the real power, the core power factor, in any economic system. Could it be wealth? Could it be resources? Could it be humans? Could it be technology? Interestingly that which keeps itself dynamic will stand a place at the center of any economic system. Anything that remain static will lose its economic importance over a period in time. 

Two significant parameters simply locked itself in a couple in the current economic framework. One is technology and the other is humans. Both technology and humans are dynamic, and both play a significant role in keeping the cycle of economics functional. Imagine two states of affairs, one where technology compliment humans and the other where technology disturbs humans.

Situation where technology compliment humans result is a positive economic health. The same cannot be true when technology causes distress to humans. Economics see negative trends when technology gives distress to humans. 

A society has its own stratification. The society is fit into three segments based on the economic power of its people. This stratification evolved the poor class, the middle class and the rich class. People are mapped into any of these three-class based on their economic strength, in other words, their purchasing power. 

Many nations with a strong middle-class base proved to be a healthy economic state. More this middle-class is kept protected and functional more will be the goodness in economic functions. Any nation that losses its middle-class or any nation that shrinks its middle-class will enter into economic crisis. 

Middle-class people in a society are the core and real power of economics. Any technological initiatives and developments that causes distress to this middle-class will cause a huge irreparable damage to its economic function. It is for the head of states, for the people in power and for the people in technological initiatives to ensure that this resourceful middle-class should not be put to distress, should not be shrunk, should not be made scarce.

Thursday, February 29, 2024

Global Inventory Management

 Global Inventory Management

Inventories are all items that are listed under merchandise which is used by consumers based on their needs and wants. This inventory will be finished goods for some, work in progress for some and raw materials for some.

Treating our World as one big enterprise and all nations in all continents are networked to this global enterprise. The balancing of equation between Economics and Science & Technology keeps the global enterprise active 24x7.

Nations as a networked unit of the Global Enterprise can use the Inventory on global scale and at the same time also design their own inventory needs indigenously customized. The science of agriculture is one such customized inventory designed and used by nations to keep their independent economic functions active.

Field of medicine has both the regional inventory and the global inventory. Nation like India has their own pharmaceutical inventory in the form of science of Ayurveda and science of Siddha medicine.  Allopathic medicines are the Global Inventory used by all nations based on their needs and wants.

Focus is more on the Global Inventories because of their power of impact on economics of all nations. All nations networked in the Global Enterprise are part of the “Supply Chain Management’. The Supply Chain Management of Global Inventories are neatly planned and executed without any ambiguity.

The Global Inventories keep coming up in a phased manner. Some of the inventories stay for a long period and few others become obsolete and disappear from the inventory list. Few inventories that became obsolete and disappeared were the Radio sets, Typewriters, Telephones, Magnetic Tapes, Floppy Discs, CDs and CD players and Pagers. Few more Global Inventories kept their life intact by adapting to new technologies like in the automobile sectors, telecommunications, health industry, entertainment and household articles.

Who plans these Global Inventories? Are they instantaneous developments from a spark in mind? Are they pre-planned and experimented in R&D centers? Interestingly these inventories follow both the First-In First-Out and the First-in and Last-Out methods. Strangely, these Global Inventories do not suffer a decaying period in shelves unutilized. When a new Global Inventory is planned the old ones are silently removed. Some nation’s pick these removed old Global Inventories and try to generate indigenous inventories to meet their customized needs.

By now it is clear that the Global Enterprise plans its inventories for global market in a neat manner. How does this happen? It cannot be a spontaneous global event for inventory generation. In fact, things do not happen that way in a network of nations with imbalanced economic strength. Where is the planning of Global Inventories happening? How are they triggering global demands and pushing the newly developed inventories? One such Global Inventory developed and simply pushed into the global markets is the technology of Artificial Intelligence. It is for time to decide whether this Global Inventory of AI to stay for long or simple become another obsolete inventory.


Thursday, February 22, 2024

Dominating 1.5 Factor

 Dominating 1.5 Factor

Energy is consumed in all activities. Humans use energy in everyday for many activities. Energy drives activities. Energy in discussion is the electrical energy used in human society for various activities. Energy for electricity can be produced from fossil fuels like the coal, crude oil and natural gas. Another way of producing electrical energy is from natural resources like the solar energy, wind energy, hydropower, biomass and tidal waves.

Fossil fuel has created distress in the balance of economic power among nations due to its uneven distribution. The transition in society to abandon fossil fuel and move to usage of natural resources will make all nations equal in economic power.

Energy is consumed in one form or another in producing all goods available in markets. In a store with many unsold products in their shelves will simply mean that energy consumed is stored unused. Care needs to be taken in producing goods to set a balance based on demand and supply. Excessively produced goods only reflect wastage of energy and unutilized energy.

Energy is a product of power and time. With power measured in watt and time in hours, one unit of electrical energy is measured as one kilowatt hour [kWh]. One kilowatt hour is 1000 watt hour. One kg of LPG used is equivalent to 1kWh of energy and 1 liter of petrol or diesel is equivalent to 13kWh of energy. The unit to measure consumption of energy of a nation is TOE [Tonnes of Oil Equivalent] where one TOE is equal to 11630 units of electrical energy.

One issue that has knocked the doors of all nations is the Climate change and this has made Carbon the core, thus the issue now is Carbon. The total quantum of Green House Gases [Carbon dioxide CO2, Methane and Nitrous oxide] produced and emitted into the atmosphere resulting due to activities is Carbon Footprint.

One unit of electricity consumed result in pushing one kg of CO2 into the atmosphere. One liter of petrol or diesel consumed pushes 3 kgs of CO2 and one kilo of LPG consumed pushes 3 kgs of CO2 into the atmosphere. Carbon dioxide stays for many years in the atmosphere causing distress to atmosphere and these causes’ change in climatic conditions.

Based on the global average surface warming the climate threshold is kept at 1.5 degree Celsius above pre-industrial temperatures. Once 1.5 degree Celsius of climate threshold is crossed then climate change factors become irreversible, and consequence thereof will be severe. All nations have started to feel the level of climatic distress through unprecedented rains, floods, hurricanes, forest fire and rise in sea level.

All Governments are taking relentless measures to tackle this climate change issues. Governments have to put in attractive policies to ensure global preparedness to drift away from the 1.5 degree Celsius for good.

It looks like the activities of discontinuing production of small cars, fast paced development in Artificial Intelligence, replacing humans with automated technologies, organic farming methods, shifting to vegetarian food, digital learning, reducing use of paper, population control measures are part of the climate change program to stay safely far away from the 1.5 factor.


Wednesday, February 21, 2024

The Human Switch

 The Human Switch

It is time to wake up before things get tightened around us. The more we use technology the better life will be. But any technology that turns out to harm life should be discarded at the first instance.

There are two ways of looking at technology when it comes to life. One is to use technology as a tool to live a good life and the other is to simple surrender our lives to technology. In the first case life gets better and better as technology improves with all finer qualities. But in the second case technology plays the role of a spoiler.

Commerce is a business of buying and selling products and services. Technology brings in more flexibility with low-cost options to enhance the art of commerce. But when the same technology turns in to extinguish the foundation of commerce everything around us change.

An existing market can be refined with better standards; markets can be enhanced with healthy supportive tools, markets can be expanded beyond boundaries but when market starts to shrink, when existing markets start to disappear then all factors that depend on these markets suffer.

The rate of change of market conditions and the rate of change of adaptability should get synchronized. If markets, go too advanced giving lesser time for people to adapt will cause fear and distress. People adapt to something and not to nothing. This something should undergo change in a systematically paced manner.

The sudden boom in the implementation and usage of AI tools is too fast and it is way ahead of people who are left behind in adapting to its presence. A mere downloadable presence of an APP in the mobiles does not guarantee that people have adapted and synced with the technology. It is time to distinguish what is essential and what is not essential and for this exercise the economic affordability plays a key role.

To buy a product or service one has to pay for it. If no ready money is available someone lends and push them to buy it through many media campaigns. By purchasing products and services through borrowings we gain the title of ownership and lose to the title of borrower. When we buy a product with available money, we just switch the title of ownership and stay away from gaining the title of a borrower.

All Apps either free or meant to be free with hidden charges are after something in you. It is time to wake up. Use technology only when it is needed. Anything available free is simply taking something precious out of you unknowingly. If any technology is going to change your living conditions use it, if it is going to challenge your living conditions then discard it.

Did you know that when you sleep everything also sleep without disturbing you. To connect and not to connect is the switch we need to use when it comes to technology. There are still lots of people living happily untouched by technology. Out there are lots of living creatures that live a happy life without using technology. Control technology and do not get controlled by technology.



Tuesday, February 6, 2024

An End to Begin

 An End to Begin

This world has seen more projects more than the number of Civilizations. Some projects get initiated and some simple die in thoughts.

A project gets momentum to progress and move to next stage if it is acceptable to all involved in some way or another. There are many projects which start with an anticipated result but end up totally differently.  

There are some projects aimed to change the prevailing conditions for a good future but struggles all along in its implementation. It gives some scope to make an initial judgment before even switching on a project.

Agriculture was a project-initiated thousands of years before and even today it has survived because it addresses the core issues of life and living. This is one project that never had caused any damaging outcomes.

Nuclear energy was a project to get quick and abundant energy, but it found other paths which simple can put the world at risk at the press of a button. The governments are working on Treaty on the Non-Proliferation of nuclear weapons. 

Automobile was a project initiated for swift and speedy transportation, but its fuel dependency has tilted not only many economies but contributed to climate change. Huge amounts are spent to switch from fuel to electric technology and it is simply not happening in short time.

Biotech projects initiated with good intentions similar to the nuclear project has seen many out of boundary accidental outcomes. It is time to announce a new treaty on Non-proliferation of Bio Negligence.

Satellite projects, Space projects, Telecommunication projects, Artificial Intelligence Projects and many more are easily started and also see commercial gains quickly. But when uncontrollable events of harm set in a whole lot of time and energy is spent on correction measures.

In the present days of globalization era any new project initiated by a country simply does not stay within that country, it rapidly moves into other countries too.  When this be the reality then even before any new project is initiated by any nation it will be wise to have it go through a process of a complete analysis on its results and all possible outcomes for an international acceptance through a proper forum.

Any project designed and planned will be touching societies and people. It is wise to put an end to the beginning of any project if that project is bound to harvest undesirable results.


Thursday, January 25, 2024

On Freewill and Destiny

 On Freewill and Destiny

Freewill is the power one holds to make own choice and decisions independent of any preset fate. Destiny is events which are beyond control and cannot be changed but just accepted.

Outcome of events happening on account of freewill and on account of destiny sets a never-ending debate for ages. Many believe in freewill, and many believe in destiny, interestingly both walk their respective lives side by side accepting the final outcome as an end product of their choice.

By viewing technology through the lens of freewill and destiny leads to a wider topic for futuristic discussion.

If technology is an act of freewill then its entire outcome produces both favorable and unfavorable results, some are benefitting and some are disturbing. Those who enjoy benefits attribute it to freewill and those who get disturbed prefer destiny over freewill.

If technology is an act of destiny, then its entire outcome also produces both favorable and unfavorable results, some are benefitting and some are disturbing. Those who benefit attribute it to destiny and those who get disturbed prefer freewill over destiny.

Destiny stands unchanged but freewill encourages experimentation. The digital revolution has brought Artificial Intelligence to the foreground. This AI has started to change the way people live. Rapid progress in AI technology has brought distress in social patterns and economic functions.

If AI is an outcome due to developmental process based on freewill then the emerging result should have options of freewill to alter the outcome rather than pushing the outcome to an unchangeable destiny.

If AI is an outcome due to developmental process based on destiny, then the emerging result should have no option for freewill to alter results but simply accept the unchangeable outcome of destiny.

The impact of AI revolution has changed the social lifestyle. Human society is inching towards total acceptance of AI systems through digital patterns of compelling nature. If humans accept these compelling digital patterns in social life, then they step into a circle from which they will not be able to come out.

If AI revolution is a process of destiny, then humans will simple be forced into the circle due to compelling patterns and will not be able to exit. But if AI revolution is a process of freewill then even if they enter into the circle due to compelling patterns there will always be an option of freewill to help them to step out of the circle.

To accept without altering or to alter without accepting is in the hands of the policy makers who design the future. Politicians and Technocrats have to synchronize in designing the future or a "Techno-politician" has to design the future.

Two minds are always better than one, but much will depend on whether they synchronize or not.


Thursday, January 18, 2024

On Layoffs

 On Layoffs

In the past few months, the word that went around unannounced but destabilizing all things that were stable was “Layoff”. When it really happens then it should be like a silent wave hitting the dissolving sands. Some may experience the sun as a black disc, and many may not hear even a loud music. The word “Layoff” pins the mind to the self with no physical pain felt even with a huge iron sphere simply hung around the career neck with a chain made of hours and days.

Human life cycle encourages education to get prepared to be used as a valuable workforce. Layoffs actually happen when any establishment runs into economic and financial crisis. It is usual for establishments running into financial distress to ask its staff to leave the job. But what is happening now is simple a major wave of displacement as a result of technological advancement.

One may begin to realize that when works can be executed by AI and machines, then the need for human resources is absent. The question that comes up is” Were the human’s born to work at all?”

Animals were domesticated by humans to assist them in work. All livestock worked really sincerely without any word of burdened pain uttered. As technology developed, these livestock were replaced by machines. No one till today really knows whether these domesticated livestock’s thought this move as a boon or burden. But when the same happens to humans it is seen as a burden. Burden is not for the condition but for the situation. Livestock did not build a committed lifestyle, but humans built a lifestyle which is more demanding in economic terms.

It looks likely that in a futuristic scenario no humans will be needed to work because all essential and necessary functions will be done by AI and machines. In such a scenario what sense will humans hold in designing a demanding lifestyle. Who is to be blamed?

In a world without humans there were many creatures living by following the natural equation without any binding commitments. Human on entering into the world could have designed a simple living like any other creatures. One thing that made humans to run a race chasing what they created and running after what they committed is the invention of the economic system.

If Economic system has caused all the problems, then the same economic system has to solve all the problems too. If humans want to keep the world functioning as earlier, then they have to apply brakes on technological developments. Technological developments at times become poison to the very human existence.

If humans cannot stop the technological advancements, then they have to either abolish the present economic system or develop a new system that will keep the world going happily together in harmony and peace.

It is wise to work for a solution rather than wait for one.



Friday, January 5, 2024

Boyle's Law and Economics

 

Boyle's Law and Economics

Boyle’s Law states that the pressure of a given mass of an ideal gas is inversely proportional to its volume at a constant temperature. Ideal gases are those which exist theoretically where the gas particles move in random, and they are free from interparticle interaction.

When an ideal gas is put in a container where the temperature is constant then the pressure of the ideal gas will increase when the volume it occupies starts to reduce, similarly the pressure of the gas will decrease when the volume of it occupies increases.

In Boyle’s Law the ideal gas us discussed with changeable volume which results in changing pressure provided the temperature is not altered. An attempt is made to read this Boyle’s Law in relation to economics. When volume gets designated to area of economic activity and pressure designated to economic stress, then economic conditions are to be kept to a constant like the temperature where the ideal gas gets designated to economic activity.

For an ideal condition the Boyle’s Law should read that the economic stress will reduce when the area of economic activity increases, similarly the economic stress will increase when the area of economic activity decreases.

In the era of globalization where the area of economic activity has increased diluted national borders the economic stress should be reduced to minimum giving greater scope for economic activities to progress and flourish. But this ideal condition is not present, what is seen is an increased level of economic distress resulting in waves of layoffs around.

Checking into what went wrong and what caused a deviated from the Boyle’s Law throws open many views. There can never be something called ideal gas, there are too many economic activities happening around. Some economic activities are in the same areas of business resulting in a competition within that industry. Some economic activities are interrelated to one and another causing a chain reaction.

The economic conditions are not constant like the temperature, Government policies, policies between nations, rate of exchange in currency rates, demands, supplies, inflations and recessions impact every bit of economic activities.

It looks like Boyle’s Law will not be true in a globalized economic activity. May be in a non-globalized and strictly self-sustained national economic activity Boyle’s Law may be true. Globalization assured a lot with enhanced economic activities but relatively delivered too little compromising of assurances and eventually increasing economic distress at a global level.

Not sure if the rise in interest rates, uncontrolled inflations, increasing exchange rates, layoffs, credit-based economy, depletion in savings, increase in debts, compromised revenues and escalation in living costs be tagged to globalization.

One thing is for sure, Boyle’s Law will not hold good in a real time economic activity on a global platform.


Friday, December 22, 2023

Changing Landscape

Changing Landscape 

This presentation is a painting of changing Landscape with Economics as its canvas.

Work is to do some activity using physical and mental efforts which results in earning an income for fulfilling set desires. When the word income is removed then work becomes a routine human activity which is simply out of the scope of economics.

Workforce is the total number of human resources available within a nation which can be deployed for work both within the nation and on a global scale.

This Workforce is supposed to be dynamic, in this state all available human resources are put to some kind of work which generates an income. In a static state even if human resources are available, they are not put to use to generate any income.

In a healthy economic state, the maximum percentage of its human resources are put to use as a dynamic workforce to generate income, this can be both within that nation and also on a global scale.

As the percentage of dynamic workforce start to decrease and move into a static state it causes a change in the economic landscape of that nation.

Total Workforce = Dynamic Workforce + Static Workforce

It is important for a nation to monitor its total workforce. More the dynamic workforce more will be the income generated and it will also assist is supporting the static workforce resulting in a safe and functioning economic system.

But in a situation where the static workforce keeps increasing and the dynamic workforce keeps reducing then income will be hurt resulting in a situation where the burden to support the total workforce causes an immense stress on the economic system.

Is the fear of AI taking over many jobs a reality? If yes, then will it be a threat to the workforce?

“Total Workforce = Artificial Intelligence + Dynamic Workforce + Static Workforce” is the new equation

“Total Workforce = Artificial Intelligence + [Dynamic Workforce + Static Workforce]” is a threat condition.

“Total Workforce = [Artificial Intelligence + Dynamic Workforce] + Static Workforce” is not a threat condition.  Here the static workforce needs to be moved into a dynamic workforce with more emphasis on adaptability, skills training and development.

AI is an application of technology in workplace. The use of AI technology ensures maximum productivity with minimum wastage. This will reduce the operational cost and enhance profits. Major component of the operational cost is the labor cost. When labor cost is reduced it can either be in the form of layoffs or reduced pay package.

Layoffs will only enhance static workforce, and reduced pay package will diminish the purchasing power. Diminishing of purchasing power will slow down the economic cycle. The threat of AI taking over many jobs is something that cannot be simple set aside.

Administrators, regulators and the economist have to start working on a new economic model which will ensure smooth and uninterrupted functioning of the economic cycle by integrating the workforce to maximize income under any changing conditions.

It is not a threat when 100 hands and 200 chisels are available to carve and cut, but it is a threat when 100 hands and 200 chisels are available and nothing to carve and cut.


Wednesday, December 20, 2023

Recurrence of Disruptive Tools

 Recurrence of Disruptive Tools

Disruptive Technology is an innovation that sets new adaptable methods for operation in any designated sector.

Data is a unique element in the chemistry of events across time. Data has three-time stages, data that are accommodative from past, data that are generative in present and data that are predictive for the future.

It is not established in science that time is cyclic. Giving an option that time is cyclic then there will be a whole lot of possibilities to see the recurrence of data in many events that keep happening across the timeline.

Hold, it was true that the climate and the four seasons every year was indeed cyclic, events repeated and data simple recurred in a predictable pattern until the climate change triggered a disruptive pattern.

Before humans are present two doors, one that lead to repetitive events and the other that lead to disruptive events. Data from the repetitive events will be standardized over a period in time. This will make events of future more predictable.

Science and Technology will stop to innovate if the events are recurring and predictable. Things that will be the core of attention will be to minimize errors and wastage.

The other door before humans is that which lead to disruptive events where time is not cyclic, and events do not recur making every data generated unique. In this path of journey, the scope of innovations in science and technology is very high. Every innovation will be aimed to make this earth a better place to live.

Strangely, humans have designed a third door. This third door gives comfort to humans to join the one that is repetitive and also join to the one that is disruptive. Humans use the repetitive door for war, governance, economics and religion. The optics of this segment was more of an authoritative nature with a thirst to have the power to control all global events.

New land exploration, agriculture, animal husbandry, medicine, bioscience, industrial revolution, digital revolution, AI innovations are all part of the disruptive segment. These emerging trends set a new pattern for future there by generating plenty of new data with intrinsic quality for progress.

Here comes the question. It is evident now that both the events of recurring and disruptive nature are happening simultaneously. Who is deciding which of the two doors they have to use? What is the percentage scale they intend to calibrate between these two doors for the rest of the world to simple obey and follow?

Tuesday, December 19, 2023

Freedom from Econosphere

 Freedom from Econosphere

Freedom is a miracle word because it was given to everyone, but it got lost in the midway. It got lost without a hint and it stays hidden unreachable, but why a miracle, to get something which is not there and to miss something that was there is a composition in miracle.

Earth’s atmosphere is segmented based on the altitude, the upper most layer holding hands with open space is the Exosphere. Between Exosphere and the Earth’s surface are the following layers downward Thermosphere, Mesosphere, Stratosphere and Troposphere.

A full layer of freedom is up there above our head and still we are searching for that freedom which disappeared by miracle. There is one sphere that lays undefined between the Earth’s crest and Troposphere, it is a thick layered blanket known as Econosphere.

Econosphere exists only for the human species and all other species are not even aware of its existence. The desire is to get freedom is truly significant, but it will be worthy to know "from what" we need freedom. The binding through a bond caused the disappearance of freedom. The bondage is made of economic raw materials processed through needs and wants.

Human egos determined to punish the self by getting trapped into an economic bondage to accomplish the fulfilments of desires. There are cases where economic bondages are transferred from one to another through generations due to unplanned commitments leading to debt traps.

There are cases of fresh nature where people walk into these economic traps planted out there, at the cost of ignorance, pushing them slowly to a point of bondage and loss of freedom. If a blanket is thrown on us, we can discard and come out of it, but this blanket is a cocoons blanket spun by us thinking it is a safe zone to develop into a caterpillar and into a butterfly, but this cocoon blanket gets thicker and thicker every passing day.

This Econosphere which is a tight layer is not uniform throughout the globe. This is a man-made atmospheric layer, and it grows thicker and thicker under the new marketing strategy termed as Globalization.

Severe eco-conditions are witnessed in rapid intervals due to climate change, but the world population in many nations are swimming invariably permanently in the undercurrent caused by this Econosphere.

It will be the urgent need and a demand on the part of the economist to develop a non-fiscal economic formula and a new economic order for the world. The present economic order in practice is a man-made economic system and economist need not wait for visitors from outer space to bring in a new economic formula.

A trap is a catchpoint laid to trap a prey by the predator. No animal and bird will lay a trap to catch its own species, humans are different. In this economic trap set out in the society prey stays visible but not the predator.


Geopolitics at Pause

 Geopolitics at Pause As an author there is a self-giving freedom for imagination and a diplomatic freedom of expressing the same. Not all t...