Friday, May 20, 2011

Revolution or Evolution

Not suggesting we need a socialist country where we reward bad behaviour. But today rich are are rewarded much more than the value they create. We need to Tax rich(I support redistribution) and use that money for education and research which can solve next big issues such as Energy, Food, Health etc.We also need to ensure that we have more people moving to elite professions such as Medical profession etc. and reduce the supply demand curve in profession(commodatize elite professions to some extent).

As suggested by Raghuram G. Rajan we need education to bridge the gaps. This is the only way we can avoid revolution and move to overall prosperity by evolution.

There will be huge pressure from the Elite Lobby(such as medical school lobby) and we need a strong mass leader to lead this.



6 comments:

Abhisek said...

http://www.businessinsider.com/2012-food-shortage-2011-7?op=1

Abhisek said...

http://www.myjourneytobillionaireclub.com/search/label/Secrets%20of%20Rich

Abhisek said...

http://blogs.hbr.org/haque/2011/06/the_best_investment_you_can_ma.html

Anonymous said...

Even if you don't like the argument you will like the reporter...she is really hot :)

Abhisek said...

Love this post..

http://blog.jayparkinsonmd.com/post/4024600220/what-happens-to-doctors-who-think-outside-the-box

Abhisek said...

Good read from Nouriel

http://www.alternet.org/newsandviews/article/649635/mainstream_economist%3A_marx_was_right._capitalism_may_be_destroying_itself