Thursday, October 30, 2008

Dynamite Economy 4.3 Policies’ Objective

Solvere Lim
Cognose.blogspot.com
CtS Cognoscere tenus Solvere @
www.cts-ideas.com
Cognize before Happening
Solving beyond Root Cause

The whole economy hit stagnation – as it stands today, big employers like auto industries make great loses; cheapest of all factor of production - oil giants dominated size and their profits need the effort of more than Fortune top 130 to support!![1]

Saving a bank, even the whole banking industry is feeble, when energy for operations is so high, when there is no one, even mighty technology, able to drive economy.

Over supplies of labor, brains, wealth are the root causes of today’s problem.[2]

Wealth creation by itself is feeble, because no matter how immense is the wealth created, it can never fill the insatiable greed’s of human.

We must find human limitation to mitigate human desire.

Therefore, policies must address these issues in two fundamental, yet overriding elements:
1. Freeing Up Free Market - to improve market efficiency.
2. Put the Growth Engine Back - Guide the brains, labor mostly engaged in constructive activities.

On the ground, they are realistic, practically achievable in shorter time frame.
On higher ground, they are not only tangible; they are also politically and economically popular.

Not only they address the issue that technology no longer adequate to drive economy, it also channels the greed-motivated energy, all into building something for the better of the greater community, away from fabrications, exploitation, destructions, even self-destructions.

We shall address them in that order.

[1] This analysis did not include all financial institutions, General Electric, for the valuations of these entities are doubtful, as events still unfolding in front of all.
[2] “Real Economy, Realities of Economy, Economic Realities” 2001, collected in “Cognose – Recover the Lost Key to Infinite Wisdom” ISBN 9810 5137

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