Western Economic Education & Poverty in Third World by N. Natarajan - HTML preview

Chapter 9

Knowledge & Economics

of invaded societies

• Acquiring knowledge is a life-long activity.
• When one stops learning he becomes vulnerable to poverty, deprivation and slavery.
• Learning & thinking are two set of processes that calls for acquiring necessary information from all around, convert into knowledge.
• Every life is equipped with these skills, at birth. In the fast paced life, one who has a faster pace in Learning and thinking lives better than the others
• Education is a short Training to increase the pace of learning. No education system have produced two students with equal Learning & thinking skills.

Knowledge is a capital

Knowledge is a capital for Individuals in a society and that of the society among the world. Knowledge capital drives the economy and superiority among the constituents.

Every society has its unique economic structure. That   can   be explained with people  having differing knowledge (capability of Learning & thinking) levels.

Knowledge of the individuals plays a key role in the economic and emotional wellbeing of a particular individual.

Collective, or, the aggregate knowledge of the society, the knowledge of all the people put together in the society, determines the prosperity of its citizen and economic and political strength of the nation.

Not everyone has equal knowledge, by nature. Aggregate knowledge of  the two societies are also not the same. The No education system in modern times is capable of increasing the levels of knowledge of its citizen.

Society needs people with different levels of knowledge for the society to be robust.

(1) A few substantially high knowledge people are required to work on Science and technology, create and manage large enterprises, manage the society’s infrastructure and governance systems.

(2) People with lesser mental faculties who can manage lesser people and not good with material science technology. They play Leadership role in various layers and groups of people.

(3) Society needs people who to implement orders that flow down from leaders  in governance.

The Managers, executives,   clerks, bankers, pilots teachers and most functions known as the white collar jobs.

These people are not expected to be great thinkers. They  should a have reasonable “Learning & Thinking skills”. They are grouped into an economic category,  middle class and part of what is generally called Common man.

The last but the largest among the citizen of most societies are the common man with the least abilities in Learni