| Musing 3: Market economy is a crime against humanity | 0 comments |
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2 Sep 2011 @ 16:49, by Shreepal Singh
Market economy is not a self-sustaining wholesome mechanism of economic development of humanity but an outright crime against them. Humans are not the sum total of their needs and their greatest concern is not to somehow meet those needs(that is, meeting these needs is not their greatest concern today at the socio-economic evolution which they have achieved and where they produce more than they need, it may be the greatest concern of humans who still live tribal conditions or of animals living in the wild.) Humans are much more complex than their physical needs; they need socio-cultural ambience that promotes their emotional, mental and spiritual wellbeing more than meeting their physical needs. Market economy by its very nature is destructive of this ambience. This is an internal harm caused to humans by this economy. Externally, this economy sets in motion a chain reaction of cause and effect that consumes Earth’s natural resources more in extent than it can replenish them. It robs Earth her capacity to offer humanity free gifts. Market economy fuels a fierce competition among rivals to seize those resources and tends to exploit them more in extent than Earth could replenish them. Market economy is a crime against humanity. The early this menace is banished from Earth the better it is for humanity. New civilization should have no place for this economy.
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