Enlightened Economy: The appreciation of the really valuable

Articles by Sudhakar Ram

Enlightened Economy: The appreciation of the really valuable – Society – Economy

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“helped 3M profit from the swine flu mask sales”

“water to cross in bottles worldwide turnover of billions by the year 2011″

The whole family had been looking forward to the Disney World experience, and we were all thrilled at the level of travel from India to Florida. My daughter Samvitha, who was 8 at the time, was particularly zealous. But almost as soon as we landed, she took ill. That was a few years ago, at the height of the SARS epidemic, and my wife and I were very worried.

Our daughter was bedridden for our entire week in Orlando. She suffered no lasting problems – over the disappointment of not getting hit by Mickey and Goofy and go on many rides – but I often think about the disease today, if I leave an aircraft having difficulty breathing or read about the threat posed by H1N1 Swine-flu epidemic.

From the beginning of time humans have clean air and water for granted. No more, especially in densely populated areas such as cities in India, where cinemas, shopping centers and schools were closed to stop the spread of the flu. Whether in the closed space of an airplane or in a crowded market, we are entitled to care about air quality. And water quality, too. Only to the increased demand for bottled water all over the world in recent years look like

These concerns about air and water – the most basic necessities of life – to lead us to think in new ways about the things in our lives valuable. Adam Smith talked about the paradox of value, also called the diamond-water paradox. He made a distinction between “value in use” and “exchange value”. The things that have the highest value in daily use, such as water, often have relatively little value on the commercial market. Conversely, things that have the highest value in exchange – have little practical value in terms of use – such as diamonds.

In the last two centuries of the industrial age, with a focus on the scope and efficiency, has centralized agriculture and livestock, making the price of food down quite significantly. But that is not without cost. According to Bill McKibben “Deep Economy”, focused on agriculture makes us sick a fairly regular basis.

Seventy-six million Americans suffer from food poisoning each year are hospitalized and 5,000 die, 300 000. For example, the cheapest way to raise pigs all in the same place, a worker can take to tens of thousands of animals. But they focused their waste in one place. Instead of useful fertilizer spread on fields is that concentrated waste a toxic threat – and increases the chances of swine flu.

While there is a chance that countries like India do not have this level of concentrated agriculture, globalization makes up for it. We are of the H1N1 threat in the same way we are affected by the subprime crisis and the financial crisis. It’s time to step back and take stock. How do we invent for our new look at basic constructs, our idea of ​​economic value needs close examination. Should we start evaluating what is really valuable place for our life on this planet is doing what the people look good or good?

If our decisions on centralization and decentralization of considerations that drives real value, and not only the efficiency to be driven? How global is global – global governance mechanisms that we need if we are systemic and global pandemics such as related topics that deal to recession, etc.? These are just some questions that we want dialogue on this site.

The new constructs is to use a Connected Intelligence initiative in the realization of the Connected Age. What we can contribute in the new constructs to the global community governance mechanisms? We look forward to your active participation.

About the Author Sudhakar Ram

is chairman and co-founder of the IT solutions provider Mastek. He believes that creating a sustainable world would be a shift of the “constructs” that need to be guided our thinking and acting. The new constructs is to use his initiative, Connected Intelligence for the realization of the Connected Age.

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Sudhakar Ram

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Sudhakar Ram

is Chairman and Co-Founder of IT solution provider Mastek . He believes that creating a sustainable world would be a shift of the “constructs” that need to be guided our thinking and acting. The new constructs is to use his initiative, Connected Intelligence for the realization of the Connected Age.


Use and distribution of this article is subject to our Publisher Guidelines
whereby the original author’s information and copyright must be included.

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