Friday, 3 August 2012

Our current Econ-System


"All the gold which is under or upon the earth is not enough to give in exchange for virtue"
Plato
A look at our human form explains how most of nature's creations function. Human creations too are a creation of nature.
Our body needs to use each and every cell that builds multiple organs and tissues to work collaboratively towards it's survival. Each cell must act on what it was built for.
Similar principals are followed throughout nature, and each organism and it's environment does what it's build to do. We have witnessed elaborate ecosystems and food cycles, water cycles and wind patterns that collaboratively worked on the survival of all.
Considering the modern human habitat, his environment has little to do with the climate or availability of food and water. We live in different economies that provide us with a suitable or unsuitable habitats for survival. Our economy is built on enterprising individual efforts to satisfy a human needs.
Evolving from a barter system, we have long before understood the effective potential of working on one of our multiple needs rather than all of them. One man works on cultivating food, another makes homes, while the third makes clothes and later they exchange the surplus and fulfill all of their needs.
Today most of the worlds economies function on the same lines. One nation makes oil available, while another innovates technology, and the third arranges for capital. We follow a highly upgraded version of the barter system today.
So is it possible that such a system can have bugs that need to be corrected?
Like upgrades over an operating systems could get our machines into trouble, is our current upgrade a faulty one too?
Because if it's not, then what explains the European crisis, the price inflations and recessions taking place at one time in different locations?
Even after years of economic geniuses coining multiple theories towards human fulfillment, which of our efforts went wrong?

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