Both, the present Global economic down turn
and poverty lasting several centuries are
not natural.
Economics is not a Nuclear Physics.
Every man can understand it.
It is a easy to understand. It is no more
than a simple plot by knowledgeable
against knowledge.
Unless the common man understand eco-
nomics and the politics associated with
it, the poverty and economic crisis will
continue for ever.
The New: For The past couple of decades the entire
world is in the midst of Economic downturn. But no
solution is in sight, even in the distinct future. Other
contrary, the problem is getting deeper. This Is a new
problem to the world.
The Old: Technology has enabled faster and higher
volume of production of Good and services. Yet, the
majority of the people in most countries are poor.
This is relatively the older problem.
The economic activity could not be brought back on
1. Anatomy of Economics
its rails by Leaders of the world’s large economies.
The leaders of political parties talk about poverty
during election campaigns. Promise the poor of better
days after they come to power. Leaders come and
leaders go. Tall leaders fix even time to eradicate the
poverty. But the poverty remains for ever.
If there is an action on the ground that is merely
symbolic. But, till the next elections no one speak
or does anything to mitigate poverty.
The leading economic wiz-kids from worlds leading
economic school also have no clue to solve the
problem, in the last couple of decades.
Then who is left? The common man.
Can the common man consisting of Poor and middle
class achieve something that the most powerful
leaders and economic scholars trained in the world’s
leading economic schools failed?
The answer is, YES!
What is the problem?
The people and products are growing in number. But
consumption of products by the people is becoming
lesser.
This means that more and more people are losing the
power to consume, year after year.
Until the economic downturn began, it was only the
poor among the common man suffered the “inability
to buy”. Now middle class also joined them.
Economics Basics that every citizen should know
The Root Cause of the
Economic Problems - Knowledge!
Men-of-Knowledge,
Philosophers,
thinkers,
Saints, Sufis, Zen Masters) are people with
highest knowledge in any society.
However, these people do not form part of any
economic discussion by their very pursuit that is
non-material.
1. Natural economic environment turned into,
increasingly, a managed one. The managers of the
economy, are taking the economy in weird ways.
2. Wealth of every society Flow (irrespective of
Developing or Developing economy) largely,
outside the socieity.
3. Common man does not get their due share of
their nation’s wealth.
4. The Leaders of both developing and
developed societies see a great need for
money for two different reasons. Leaders of
Developed countries spend the money in
other economies to increase their economic
muscles for a dominant position in the world. In
developing countries leaders seek enormous
money both to run their political activity and
political survival. So they produced demons,
the Crony Capitalist.
5. Crony Capitalist : Every society has a small
group of citizen, with a distinction of being the
most knowledgeable among the citizen who are
1. Anatomy of Economics
drawn into the economic activity of the world,
With the active support of the leaders and through
several Overt and covert means these special men corners the bulk of the wealth in every society.
These crony capitalists share a small portion of the
spoils with those who created them.
Still worse, they stash the wealth away to other
economies through legal and illegal ways.
What are the damages that the Crony Capitalist
do?
(i) Wealth : Societies produce wealth from its natural
resources with the help of human resources.
(ii) Vanishing Wealth, A substantial portion of this
wealth vanishes from one society to another. This
happens invariably in developed, developing and
undeveloped societies..
(iii) There are those in all the societies producing
Pseudo Products.
(iv) There are those creating Pseudo money. Or
pseudo wealth. Pseudo wealth is a way of sucking
the wealth from the common man. This can be
compared to adulterating water with milk and selling
it for the price of milk.
(v) Pseudo wealth is easy way to stash wealth to
other societies.
(vi) It is the people who created, the Leaders. They
are more knowledgeable than the common
man, Many evil leaders among them qualify to
be referred as the demons in the society, The
Economics Basics that every citizen should know
Demons in turn, created another set of demons
from among the capitalists in the society. The
demon among leaders who created demons from
Capitalists, can be called the Super Demons.
Common man
Not only the Leaders in the socieities, Economic
theories also ignored the common man
People are central to economics. But, the major
flaw in the modern Economic theories is that
it is centered around Profit-Maximizing and not
people.
The politics and Economics across the world societies Ignored the human element.
Leaders are ever willing to sacrifice the health
and wellbeing of their citizen for increased
GDP.
Allowed Pseudo wealth to grow several fold
the real wealth either due to ignorance or
trusting the ignorance of citizen.
No leader, the largest or strongest, seem to
any clue about how to stop the reversal and
bring normalcy back on rails.
WHO CAN DO IT?
“The Common man”.
To the readers, might see the suggestion could
be seen both bizarre and far fetched.
When once gone through the three short books
1. Anatomy of Economics
every one will agree that, that is the only way
the economic chaos can come to an end.
How to End
THE WORLD ECONOMIC CRISIS
& Poverty
The three books!
This book is the first in the series of three small books
written so that every literate person can read and
understand all about Economics, unambiguously.
Together, the three books will help any one Understand
who is our society is responsible to Economic
downturn as well as poverty all over the world.
How and who can restore the economy on its track so
that poverty if not eliminated entirely can be brought
to absolute minimum.
The second book is, titled
The Dance of Demons.
There are the two types of demons who were
created by people in the society. It is their dance
which is responsible for the destruction of the
natural fabric of economy.
This book discusses all about demons. That
includes who created them. With what objective
were they Created, what the demons do to destroy
the economy.
Economics Basics that every citizen should know
The third book is titled
Taming the demons.
This book explores the solution to bring the
economy back on its rails and distance poverty from
civilization.
Metaphorically we ask, “How to control the demons,
whose dance destroyed the economy of societies”.
This will be discussed in this book.,
This book explains how the common man consisting
of poor and middle class will usher-in the era of peace
and prosperity by taming the demons.
Common man in Delhi will kick start the process
and the leaders among common man will show
the way.
N Natarajan
Bangaluru
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1. Anatomy of Economics