Life and Spirituality

A Brief Introduction to the Economics of Greed and Exploitation S ome of the posts in this blog have been about economic inequalities and its tragic consequences - such as hunger, homelessness and early mortality - that seems to be increasing in some of the leading capitalistic societies of the world. The wealth of the world has become concentrated in fewer and fewer hands. It has given rise to things such as the occupy movement and a demand for a return to communism. However communism and equality created by it have not worked since some amount of economic diversity and inequality are natural and required just as it is with the size of trees in a forest. At the same time, given the opportunity, humans can become extremely exploitative leading to unsustainable inequalities. The new revised version of the book – A brief Introduction to the Economics of Greed and Exploitation – suggests simple methods to control extreme economic inequalities in modern capitalism i.e easy and p

Economics of Greed and Exploitation E ver since the financial crisis of 2008,  economic news from around the world has been enlightening. From time to time, my reaction to some of the reports have been published as blog posts. Recently I combined some of the more important ones into a single document. After editing, what emerged was a brief booklet of fifty pages entitled ‘A Brief Introduction to the Economics of Greed and Exploitation’.     I tend to regard anything under 75 pages as a booklet rather than a book although the publishers tend to classify it as the latter. The booklet is published in full color so that some of the associated color graphics could be included from earlier blog posts that seem to have inspired changes from Japan to Switzerland and also perhaps USA and parts of Europe. The contents consist of seven chapters. The Blogger editor does not seem to reproduce tables faithfully but nevertheless I have copied and posted it here for whatever it is worth. Th