Category Archives: Economics

Hope for prosperity for all

Short documentary about poverty, collapsing eco-systems and financial speculations: a moment’s survey about the present state of the world.

Click on this link and you can start watch 16 minutes short documentary called Momentaufnahme (Snapshots) in various languages.

Short documentary
Photo: http://www.momentaufnahme.at/index.php

Advertisements

Poor can think for themselves

I came across with a letter of S’bu Zikode who is the member of Abahlali baseMjondolo shack dwellers movement in South Africa.
This letter shows current most important problem humanity faces today. This is world-wide problem called apartheid between rich and poor, privileged and unprivileged. But I want to emphasize this problem from the psychological view.

Here is the excerpt of this letter which shows core of the problem: Continue reading

Purpose of economy

What is the purpose of economy? We just need to look at the meaning of the word. The word oikonomia is of an ancient greek origin and means management of household (oicos – house, nomos – law).[1]

The purpose of economy is to manage the household; to produce and distribute food, water and other needs and goods primarily for preserving the human life. Continue reading

Human nature

We are facing with financial crisis even with the free-market system as basis of the world economy. Economy should work with efficiency as defended by those who believed in free-market system. But it is not working.

So why does it not work? Continue reading