Once upon a time, foreigners under the banner of East India Company came to india , we were ignorant and poor then. They screw us for 200 years for that and left us low and dry, after forty years the foreigners again came, with the same motive ,in the name of globalization, but now we are screwing them, cause this time we are educated and poor. And also the East India Companies (MNCs) are not loyal to queen Victoria, they are loyal to Profit.
So now we have a situation, where companies screwing up their own country, it is not there fault . cause the country has got nothing to offer then there legacy, the future is not with them.
The time is now, for poor and educated. It is just for some stupid development , which the rich intended to use to exploit the poor turn towards them. One of them was in the field Transportation, which vanished the distance between countries and continent and between Raw material and factory. And the second was Information Technology – now there is no fear to being ignorant, Google will help me.
Economy is because we have companies, as army is because of soldiers. Now , we live in a world where soldiers don’t have any loyalty. What now soldiers do care is amount of there own strength. And for this , they don’t care to screw up there own country , or uplift some other country. Hence we see surge of companies called MNCs which in soldiers analogy can be termed as Mecenary – working in different country , guided by philosophy.
Economics is all about industrialization or what one say Manufacturing sector. And it is where transportation killed the developed. It made investors willing to search for cheap labor market, giving little or less regard to raw material availability. It is where, we poor got the edge, we were willing to work hard with little complaint. And also willing to work hard at any job, however monotonous it could be. It s because of this willingness , the service sector moved to country like India.
Now, the developed country has its legacy but no future to show, Globalization has ruined it. The recession is just a wobble, and a sign for major shift in macroeconomics of the world economy.
History repeats itself, but sometimes in a different way – A view on current Economic wobble
2:33 AM
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Posted by
hail mitesh
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