Thursday, August 12, 2010

Time for People 2.0?

The underlying driving force behind Democracy and Markets (Capitalism), the two great forces of modern times is really - People. The underlying assumption here being - "whatever people demand must be good, hence the system must allow that to happen". Nothing wrong so far in the logic, all seems pretty natural and isn't that the real strength of these systems that it resembles nature when it follows laws like the survival of the fittest etc. However, there is something comfortably disguised in the above assumption and it is in the word "demand". In terms of natural laws, this demand would really translate to need, which would really translate to vacuum. For example, why air, water or electricity flow from higher pressure to lower pressure etc..

Now comes the real question - is there something wrong with people's demand today? Well one need not ask anyone else but oneself, do I always take buying decisions based upon what I really need, do I demand from my politicians what is really needed for us or am I getting influenced by those million dollar ads, am I getting influenced by fear, greed or any other external agent, like in this picture can we say the next decision these traders will take will be free of any emotions.

Actually there is a even bigger question if one might have the courage to ask - do I even know clearly what are my real needs and what comes in the zone of superfluity.

If I find that many times my actions are affected then a well running Democracy or Market will only amplify it to a magnitude proportional to the sheer number of people multiplied by degree of affectedness. So if this is the case then what is the point in blaming the Hill or the Street, they are a mere reflection of what we are, a mechanism to channel our own individual tiny forces. If we agree with any of this above, it should make it clear where should my efforts go if at all I am really interested in bringing forth a correction.

To nip perverted thinking that by raising these questions I am suggesting to go back to the world of feudal lords or dictators, I must say that this is really for the present and young generations who MUST question the state of Democracy, Capitalism and the driving force behind these, i.e., ourselves, and they must inquire and investigate what is missing, what is not right with courage to accept where needed, so that we can evolve to systems which are better in all respects.

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