It’s time to show some courage and yes ‘Creative Capitalism’

Before starting I would like to say “If  Microsoft sacks even a single employee in the name of recession, then Bill Gates would be contradicting to his own notion of Creative Capitalism”

It has been almost 3 quarters now, that the world economy is stumbling with no immediate signs of finding the path to recovery.  Why is so? The mega rescue/stimulus package from US the rescue packages from European and Asian economies are not enough? It may be the case that original losses at the beginning of the crisis were far lesser than sum of the rescue packages money. So are these packages are delayed a bit? I think no, the recovery is not possible unless the “media”, “business leaders”, “governments”, “common investors” & “the banks” come together with positive thinking as if nothing has happened. Creative capitalism needs to be followed which focuses not only on profits but also tries to help the community. Hence instead of laying off the employees the bosses should find some alternative ways to cope up with losses, alternative such as reduced work hours should help prevent the negative sentiments and fears spreading. Media should not publish news such as company XYZ has fired XX% of its workers it only creates panic and the road to recovery gets longer and longer. The layoffs also inturn reduce the business by some way or other. The trillion dollar package from US Fed has helped some positive sentiments to float and hence helped the markets to go up a bit. Only the announcement has made the investors to look forward in some positive ways. I would say it would only help if the reality kept hidden and only positive news made public. Anyways after saying all this after being in the same sinking boat as we all are there are few things which particularly government should learn

• Don’t let a single organization take so much control of the economy as the AIG, Lehman Brothers, Merrill lynch and JPMorgan’s of this world have controlled.  Just don’t let them grow so fat and let the top bosses corrupt them so badly that it brings up economic crisis
• Put some strict norms and measures on economic institutions.

My Other Blog: http://fixitorgetfixed.wordpress.com/

Need a Vision & Visionary leaders…

As I go on reading…. “The food price index of the UN’s Food and Agriculture Organisation (FAO) rose by a steep but manageable 8% in 2006, but then much more sharply – by 24% – in 2007, and 53% in the first three months of this year alone – an unprecedented rise….” a report by David Loyn @ http://news.bbc.co.uk/2/hi/europe/7431734.stm Encourages me to think upon it and find the relative/transitive and might be the actual & exact reasons of this sudden steep…
One of the obvious reason for this is the increase in demands against availability. Increase in demand from countries like India, China and others have risen sharply.One obvious reason is inability of internal food production to satisfy the increasing demands in addition to this the governments have started cutting down the import duties so that the imports could be increased… Is that a correct and thorough solution to these crises? I don’t think it is… I think this adds to the cutting off of the supplies to poor countries who can’t import and are dependent on the UN and other countries who supply them food. Ultimately making the crisis more severe… Though whole world shows its curiosity and positive concern towards this I doubt whether the severity of this crisis is going to get controlled or is going to be more and more tougher to handle…
In order to resolve the crisis, Identification of necessary actions should be the foremost agenda of the G8 meet as the Japanese Prime Minister Yasuo Fukuda has called for urgent action to ensure food supplies to poor nations struggling with sharp price rises the key would be to identify the exact causes and try correcting/prioritizing them in order to reduce down the inflation. Identification of necessary action does not means that not falling short in supplying the food to poor nations as one of the statements from UN Secretary General Ban Ki-moon says that we will increase the production of food by 50% by yr 2030. But as per me this wont help unless we all(nations) take some firm initiative towards improving the agriculture and agricultural practices…
There is strong need of time to put agriculture and agricultural practices in first priority though it does not applies to the practices of increasing the production of corn for bio fuel it has hurt to its extreme to the environment(amazon destruction in Brazil ) as well as to the mankind as a whole…

This is time where in all developing as well developed nations are trying to to compete with each other on technology, defence and infrastructure front which again shows the thrust for becoming the supreme power… Leaving behind other and more important aspects like technologies to improve the food production… By 2030 the scenario will be much worse than it is today if we don’t act.

World is in need of a Vision and Visionary leaders…

How aware am I and how am I helping Mankind? When I say I am also one of you…

Is it so difficult ?

When I first read something written about global warming, I kind of ignored reading the article thoroughly… may be I also had thought that is of no use for me cause its the issue to be addressed by big people and not by an common individual like me… I only realize how wrong I was when I again came across similar kind of article in TIME. And when I went deep I was taken aback…It was really a eye opener for me and must have been for all those who’d read it… Then I came across Al Gore’s presentation and it was more shockhingly eye opener I felt helpless but tehre are things we can do on our levels and thats what TIME article or Al Gore is asking us all…If what Al Gore is saying about global warming is only 1%(i m not clamming) correct then also its the responsibility of every human being to try to take necessary efforts to fight the global warming…