9 June 2014

Principles of Economics, Governance and Education

     In an earlier post 'The present disorder in the nation', I ended with a question as what could be an alternative to modern-day chaos. This post tries to answer that question, with a proposal listing fundamental principles of economics, governance and education. 
     Basis 1: Economics
     A large society, or nation, is a collection of sustainable communities. Economically, it is important that every community be sustainable in itself, in as much as it produces a large number of its needed goods. Every citizen is assured of a livelihood in that community itself. When we don't have this, then we see the sorrow of migration, exploitation and poverty.
     A community is a socio-economic-ecologic unit; a sustainable community implies that social concerns, economic concerns and environmental concerns are all effectively addressed within the system. This underscores the fact that livelihood is not just about 'making money' – it is a socio-economic-ecologic action. Every family is provided opportunity to be industrious – it works to produce goods needed by itself and its community, it derives satisfaction from that action and result, the work is done in social harmony, strengthening the social fabric, and that work, done on and using natural resources, ensures ecological balance.