Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
Silver Long-term Trend Analysis - 28th Nov 21
Silver Mining Stocks Fundamentals - 28th Nov 21
Crude Oil Didn’t Like Thanksgiving Turkey This Year - 28th Nov 21
Sheffield First Snow Winter 2021 - Snowballs and Snowmen Fun - 28th Nov 21
Stock Market Investing LESSON - Buying Value - 27th Nov 21
Corsair MP600 NVME M.2 SSD 66% Performance Loss After 6 Months of Use - Benchmark Tests - 27th Nov 21
Stock Maket Trading Lesson - How to REALLY Trade Markets - 26th Nov 21
SILVER Price Trend Analysis - 26th Nov 21
Federal Reserve Asks Americans to Eat Soy “Meat” for Thanksgiving - 26th Nov 21
Is the S&P 500 Topping or Just Consolidating? - 26th Nov 21
Is a Bigger Drop in Gold Price Just Around the Corner? - 26th Nov 21
Financial Stocks ETF Sector XLF Pullback Sets Up A New $43.60 Upside Target - 26th Nov 21
A Couple of Things to Think About Before Buying Shares - 25th Nov 21
UK Best Fixed Rate Tariff Deal is to NOT FIX Gas and Electric Energy Tariffs During Winter 2021-22 - 25th Nov 21
Stock Market Begins it's Year End Seasonal Santa Rally - 24th Nov 21
How Silver Can Conquer $50+ in 2022 - 24th Nov 21
Stock Market Betting on Hawkish Fed - 24th Nov 21
Stock Market Elliott Wave Trend Forecast - 24th Nov 21
Your once-a-year All-Access Financial Markets Analysis Pass - 24th Nov 21
Did Zillow’s $300 million flop prove me wrong? - 24th Nov 21
Now Malaysian Drivers Renew Their Kurnia Car Insurance Online With - 24th Nov 21
Gold / Silver Ratio - 23rd Nov 21
Stock Market Sentiment Speaks: Can We Get To 5500SPX In 2022? But 4440SPX Comes First - 23rd Nov 21
A Month-to-month breakdown of how Much Money Individuals are Spending on Stocks - 23rd Nov 21
S&P 500: Rallying Tech Stocks vs. Plummeting Oil Stocks - 23rd Nov 21
Like the Latest Bond Flick, the US Dollar Has No Time to Die - 23rd Nov 21
Cannabis ETF MJ Basing & Volatility Patterns - 22nd Nov 21
The Most Important Lesson Learned from this COVID Pandemic - 22nd Nov 21
Dow Stock Market Trend Analysis - 22nd Nov 21
UK Covid-19 Booster Jabs Moderna, Pfizer Are They Worth the Risk of Side effects, Illness? - 22nd Nov 21
US Dollar vs Yields vs Stock Market Trends - 20th Nov 21
Inflation Risk: Milton Friedman Would Buy Gold Right Now - 20th Nov 21
How to Determine if It’s Time for You to Outsource Your Packaging Requirements to a Contract Packer - 20th Nov 21
2 easy ways to play Facebook’s Metaverse Spending Spree - 20th Nov 21
Stock Market Margin Debt WARNING! - 19th Nov 21
Gold Mid-Tier Stocks Q3’21 Fundamentals - 19th Nov 21
Protect Your Wealth From PERMANENT Transitory Inflation - 19th Nov 21
Investors Expect High Inflation. Golden Inquisition Ahead? - 19th Nov 21
Will the Senate Confirm a Marxist to Oversee the U.S. Currency System? - 19th Nov 21
When Even Stock Market Bears Act Bullishly (What It May Mean) - 19th Nov 21
Chinese People do NOT Eat Dogs Newspeak - 18th Nov 21
CHINOBLE! Evergrande Reality Exposes China Fiction! - 18th Nov 21
Kondratieff Full-Season Stock Market Sector Rotation - 18th Nov 21
What Stock Market Trends Will Drive Through To 2022? - 18th Nov 21
How to Jump Start Your Motherboard Without a Power Button With Just a Screwdriver - 18th Nov 21
Bitcoin & Ethereum 2021 Trend - 18th Nov 21
FREE TRADE How to Get 2 FREE SHARES Fractional Investing Platform and ISA Specs - 18th Nov 21
Inflation Ain’t Transitory – But the Fed’s Credibility Is - 18th Nov 21
The real reason Facebook just went “all in” on the metaverse - 18th Nov 21
Biden Signs a Bill to Revive Infrastructure… and Gold! - 18th Nov 21
Silver vs US Dollar - 17th Nov 21
Silver Supply and Demand Balance - 17th Nov 21
Sentiment Speaks: This Stock Market Makes Absolutely No Sense - 17th Nov 21
Biden Spending to Build Back Stagflation - 17th Nov 21
Meshing Cryptocurrency Wealth Generation With Global Fiat Money Demise - 17th Nov 21
Dow Stock Market Trend Forecast Into Mid 2022 - 16th Nov 21
Stock Market Minor Cycle Correcting - 16th Nov 21
The INFLATION MEGA-TREND - Ripples of Deflation on an Ocean of Inflation! - 16th Nov 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Terrorism, Starvation And The Global Economic Crisis: Counter Strategies

Personal_Finance / Social Issues Nov 23, 2013 - 03:49 PM GMT

By: Dr_R_M_Mathew


Every major problem affecting the humanity has become a part of several other problems, as the peoples and the nations are getting more and more interconnected for the forces of globalization and Information Technology,. There is no single solution for any problem without taking into account the solutions for the other problems. Faith, ideology, technology, poverty or starvation, inter-regional and inter-sector imbalances, terrorism or fundamentalism and the global economic crisis are getting inseparable and mutually interconnected.

Hunger and Starvation are getting emerged as the greatest threat of the very survival of the humanity as they are capable of aggravating terrorism, fundamentalism, inter-sector imbalances and the global economic crisis. For tacking them, alternative strategies are required quite different from the familiar economic, political, technological and social policies and strategies of the national governments and intergovernmental agencies besides that are advocated by the Think Tanks, Academics and Multinational Corporations.


It is much easier to make a tablet or smart phone available to every school children and bring everybody under the control of e-or m-governance than to feed everybody on this earth. Even though industrial revolution had made blue collar workers superior to farmers and farm workers, it also contributed for the wide mechanization of farming operations and thereby substantial increase in food production and creation of value-added and innovative food products. Information Technology Revolution has brought out a new class of white collar workers or professionals dominating the blue collar workers and even reducing farmers and farm workers or ‘green collar workers’ to the status of beggars or the ‘Sudras’ of the caste dominated India.

The gap with regard to the earning and the social status between the green collar workers, the blue collar workers and the white collar workers has been widened into several folds in the ratio of 1: 5: 25. As a result, farm products, especially food production has been declining at an alarming rate globally, making agriculture inferior or unattractive, especially for the new generation.


Even the school children with a minimum understanding of the working of an economy know that the humanity cannot survive with the over-dominance of service sector, neglecting the industrial and agriculture sectors. This has become more evident with the emergence of globalization in which the entire nations have been brought under a ‘mega global economy’ making national economies or the familiar ‘Micro-’ and ‘Macro-Economics’ almost toothless or irrelevant.

The growing inter-sector imbalances is the basic reason for the prolonged global economic crisis and acute shortage of food products and increasing hunger and starvation affecting the entire humanity. Both the UN and its Food and Agriculture Organization (FAO) have already admitted that the non-availability of food products to feed everyone on the earth is the greatest crisis and challenge of the Humanity. If the present trend continues, at least one fourth of the mankind will be wiped out with hunger and starvation by 2025.


In the pre-globalization era, hunger or starvation was mere a local issue limited to the affected without any international consequence. The victims had taken it as their fate. • With IT Revolution and the consequent globalization, hunger or starvation of a particular region or country has turned a global issue and the victims have taken it as something that is thrust upon them by the others and they want to take retaliation against the international community. •

Poverty and starvation coupled with the denial of dignity are the basic motive force behind terrorism and fundamentalism, though religion or faith has been used as a mask. Young people who could not make use of their creative energies start to believe that dignity has been denied to them. • Glorification of martyrdom for the sake of faith or religion, including special status in the Paradise after martyrdom, is the other motive force behind terrorism. Terrorism is capable of attracting even the non-affected people towards its fold by sympathy or oneness with the victims of starvation or oppression.


Planning and development strategies of almost all nations and international agencies are aimed at urbanization and pumping resources, technologies and expertise for the development of cities at the expense of rural and agriculture sectors. Cities are not only the beautiful streets, fashionable men and women and sky scrapers but also ugly slums, coldblooded crimes and alienated youth and women.

Neglect of the rural or farm sectors leads to the disintegration of the rural life, drastic decline of agriculture production leading to inflation of farm products and the starvation of the millions, migration of rural work force to cities, even from foreign countries and the fall of the general purchasing power of the people leading to a glut in the industrial sector and then economic crisis.

The deliberate and consistent neglect of the rural and farm sectors has created a new class of socially and culturally alienated men, women and teens who are cut off from their rural culture and unable to integrate with the urban culture. They can easily be attracted towards crimes, alcoholism, religious fundamentalism and terrorism as a means of expressing their identity or even frustration.


While almost all universities glorify the higher qualifications that they offer, they are reluctant to appreciate the skills, knowledge and expertise of those who do not have higher qualifications though that are required in a fast changing world.

In the glorification of higher qualifications, those who do not have higher qualifications have been relegated to the status of ‘fake’ or fraudulent or illiterate even if they have valuable practical skills, expertise and knowledge. • As a result, a best fitter or farmer or mason or carpenter with a lot of practical skill, expertise and knowledge is made eligible for one third pay or status of a graduate in agriculture or engineering on the ground that the former does not have a university degree, though the latter may not have the practical skill, expertise and knowledge of the former.

This has adversely affected the income and social status of the farmers and the rural people and driving the educated people away from the farm and rural sector to cities besides making investment in the rural sector unattractive. The net result is the increasing rural poverty and decreasing farm and agriculture products, especially food products which is the basic reason for prolonging the Global Economic Crisis and increasing frustration of the lower and middle class people both in urban and rural areas.


Now the world is the grip of economic crisis that will prolong at least 2025 or above; poverty and starvation are spreading in almost all countries in Asia, Africa and Latin America; greater number of people are turning towards religious fundamentalism and terrorism; most of the religions are acquiring the characteristics of fundamentalism to satisfy the new breed of frustrated youth and women. Hardcore criminals, murderers, and looters will be attracted towards any religion that glorifies revenge, terror and murder and self-sacrifice in the name of the God or the faith as ‘Martyrdom’ or facilitates in branding the victims as the enemies of the God or non-believers so as to justify the crimes and ensure a better place in Paradise after death.


By taking into account the increasing rural poverty, falling agriculture products and prolonged global economic crisis, it is time to salute the farmers and the rural community who produce food items and farm products and creating market for the industrial products. The rural or farming community deserves better income and social status on a par with the industrial and service sectors, reducing the illogical gap in earning and social status between the different sectors of the economy.

New global strategies have to be formulated to counter starvation and non-utilization of the creative energies of the young people in the backward regions or nations and the consequent terrorism and fundamentalism besides the global economic crisis by developing the rural and agricultural sector and increasing the food production supported by proper marketing and distribution of food products. •

IT professionals can help farmers in adopting the best farming practices with specially designed software to different crops at different climates, temperature, doses of manure or fertilizer or watering, harvesting, storing or processing. Banks, financial houses and insurance firms can help in mobilizing and investing capital for rural development and financing the rural community in a mutually beneficial manner.

Governments and the private sector must come forward to make at least a five fold investments for rural infrastructure development and a ten fold increase in food production and thereby creating new employment to millions ,including the urban people.


Development of the rural sector leads to engaging the creative energies of the entire young people, including those of cities besides making them free from the grip of religious fundamentalism. • This is possible only by making a five fold investment in rural and agriculture sector and increasing application of high technologies and management techniques for food production, processing and distribution besides elevating the status of the farmers and farm workers by reducing the unjust and illogical gap with the service sector.

By Dr. Raju M. Mathew

© 2013 Copyright Dr. Raju M. Mathew - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in