Do You Really Care?

Poor Vs Rich
Choice of Consumption
What is behind your consumption pattern? Is it your culture, status or income to decide your everyday shopping? People are habituated to buy the same flavour that his/her parents used to provide in their early-childhood. For instance, if you used to have banana flavoured chewing gum in your childhood, you may normally buy it in the later stages of your life. But what if the matters come to you as a choice when you have three options like low, high and medium prices, what do you consider? You definitely think about the quality, the price and definitely your status or what the society, the neighbour, or colleague will think about it? Sometimes, how do you feel when you go out of a shop without having a big brand logo on the shopping bag as you used to have? Does every one of us really control our own choice of consumptions, then who controls? It is the big name/logo that has taken away our decision making capabilities that we never even think of it.

Food Wastage
A majority people of the world do not have access to regular food, proper shelter or pure drinking water. We usually forget that our resources are limited and we are exploiting those at the highest limit. I have a very simple observation that whenever you see people of overweight, you will see, in the most of the cases, either they have been eating something or carrying food with them. You have money does not mean that you will eat more than 2000cals/per day. Then you are killing yourself being overweight as well as depriving somebody else for not having it. The Guardian, UK, reported in January 2013 that almost half of the world’s foods are thrown away. How pity is that when people in the same planet are starving to death! Is it not amazing that our consciousness can eradicate the food crisis in the world?

Poor Vs Rich
Who is responsible for being a poor person in the planet? Some people have born in a rich family or having inheritance of huge wealth but others are not. Some might have been struggling their whole life to gain their desire living or starving to death. Poor are becoming poorer everyday as a study shows that only 1% people hold 40% of the world’s wealth and they are becoming stronger and stronger. Should not the wealthy people look back generously to the poor as their wealth is the exploitation of poor in one way or another? Wealthy people do the philanthropy too but it has been used as one of their marketing tools of the business. There are some exceptions, like Bill Gates is doing incredible things to eradicate Polio for ever from the planet in next few years. In my point of view this is one of the pilot projects where goal is fixed and achievement is monitored from top to bottom. Not like other projects that philanthropist has disbursed money and having some promotion but forgot to see the real out of the effort. Neither every wealthy nor every one of us like Bill Gates in terms possession or passion but if we bring out our hand from our pocket and help our neighbours or even guide them to the right direction, they will shine one day. More importantly, it is not the richest people who will keep the world in the right shape; it is the working/middle class who needs to work hard to keep the harmony among poor and rich otherwise the world is going to be the worst place to live in.

Winner Gains more Money in Recession

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Money: Courtesy to Goggle Image

As we all know company and the owner are different entities in business by the common law of the world business. By implementing this law, who is gaining? This writing is about focusing on the owner or shareholders of the company who enjoys or suffers the profits or losses of the business. In the naked eyes, directors or shareholders can happily escape the consequences of the deceived operations in their action with having the profits/benefits of their good time or may suffer the opposite which is highly unlikely. The ultimate sufferers are the end users.

What is the actual reason behind the on-going recession in the world? The very simple answer is ‘sub-prime debt’. In other words, some people, who are normally not eligible to get a loan, were intentionally invited or qualified to have it at highest rate of interest. And the further story we all know as we people are facing the consequences of some greedy stakeholder’s activities.  The further question is, did they know what they were doing and what will be the end point? All financial institutions knew that they are going through some unethical activities as the competition is very high in the market and the law of the land ensures that central bank will intervene at some point while they are having the cream of it.

Central banks around Europe and America have poured trillions of dollars into economy but did they punish people who had done unethical activities? No, because they are happily escaped by the business law that is corporation is responsible for that, not the person. Do we not need to think about the next bust in economy that will happen sooner or later? Or we will just label it as another economic cycle of growth-boom and then bust.

Aftermath scenario, some top bosses lost their job but they still got the hefty amount of money based on their contract. Recession is very fruitful to some opportunist business men as they take it as an exit strategy and move on to new or wait for another good time. From my personal point of view, recession brings the best important opportunity to exploit employees. Employees of any organization are more vulnerable position today than they were in few years back. Their mouth is sealed with glue, no salary increase, no problem, no holidays, no problem, and more working hours, no problem. For any new employment is the further chance for the employer as if they say, not exact contract, no problem, low salary structure, no problem, less facilities, no problem. People have families to feed, pay the rent or mortgage, anxiety all around. The only hope, I have job at least. So the winners are still winning.

Finally what are they doing with their gains as they got the cream in good time as well as in the recession? Why they are not investing into new business if it is beneficial for them? They are the opportunist as the anxiety all around the global economy and governments around the globe are struggling, antiques market is booming. Can you imagine that Sotheby’s and Christie’s are breaking records one after another in the time of recession?