Sunday, June 5, 2011

I am not happy with status quo.

Look at the statistics (according to SwissInfo): In 2010 there were 205 million people out of work and 2011 does not look any better, especially in industrialised nations, hit by sluggish growth. Young people – 80 million are unemployed - are the worst hit by the current growth model that no longer works, says the ILO.


Think about it - 200 plus million people out of work and perhaps around 800 plus million people are trapped in jobs where their aspirations are not being met. Now some might say, hey why I should bother...let the Govt. and Inter-Govt. folks work it out. And some people want to help and find that the only option available for them is to donate money. I believe that indifference is uncalled for. A society with imbalance creates angry people who become puppets for manipulative politicians who tap into this feeling of injustice and only create chaos, grab power, accumulate wealth and then "air-brush" history. Giving a donation is almost as harmful as indifference. Imagine this - a person gets something without working on his own. Then gets more and more donation. It does not take long for the person to get addicted to getting money without producing some goods or services that can be consumed by the society. Micro-credit, another favorite of the elite who want to do good is equally harmful if its not accompanied by developing institutions that allow the person to sell and market what he is producing.

So what is the solution for winning against poverty?

Imagine a system by which products and services produced in villages & towns around the world could be marketed directly to consumers. Then people will not leave where they live and just move to the cities to get a job. Villages and small towns will thrive as people with the highest level of productivity will stay where they are and build a home full of wholesomeness. People with jobs can afford education, health care and do not become recipients of donations. When people have a cash-flow they do not fall prey to loan contracts from sharks disguised as micro-credit firms. Imagine free & fair market economics helping the world manage poverty; imagine every person having access to a fulfilling job; imagine parents spending time with their kids - own or adopted; imagine low taxes and small lean governments; imagine citizens of the world buying products directly from people who are producing them. Yes, imagine a world where its cheaper to work than to steal or to engage in corruption. Yes, you may have guessed, that such is a system has to built on the Internet. The biggest collaborative platform the earth has ever seen. Something the creators of the Internet or the Web did not not envisage, because they could not. The Internet has become what it has because Governments have been unsuccessful in fully controlling it.

So far the Internet has been used as a tool for information, communication, entertainment and commerce. Which is great! I propose that now we are entering the phase where the net will be used as the primary tool for development commerce. In the next 10 years, you will see companies that will use market economics to uplift millions out of poverty. That will be so satisfying, so cool and so wholesome!

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