A Look At South African Poverty!

South Africa can boast of a mixture of several races and cultures due to its historical background. Several different population groups with different languages, cultural backgrounds and origins all reside in South Africa. If one were to measure human development by established standards such as life expectancy, infant mortality and adult illiteracy, South Africa would compare unfavorably with many other middle-income countries of the world.

Fairtrade Fortnight Special: Shopping For a Better World Part 2

There are three different kinds of company - the alternative, the altruistic and the renegades. The interaction and relative commercial success of these different types of company are at the heart of the battle for the future market.

Economic, Environmental, and Social Alchemy

Current System: “Trash” goes to land-fills; the “guilty” go to prisons: both generally just sit there as the rejects of society and economics. Problem: We don’t re-use 3/4 of our waste and we don't re-use 3/4 of the manpower of our low-class citizens and inmates. There is very little going on right now to change that besides this program. Solution: Put both of these to use and encourage them start finding a new purpose in material use and life.

The Circular Flows of Economic Might

An entrepreneur is asked would he go work in China for an extremely large company there? This is an interesting question as so many recruiters are looking for folks to go to China who speak English and understand how to run a large company and have management skills. The entrepreneur thought about the incredible offer, benefits and pay and then stated;

Changing Daily Life

Necessities, comforts and luxuries in our lives depend significantly on the time duration.

The Future Super Power Struggle for World Domination

In the future both China and India with each well over one-billion in population will be vying for the top status as the great World Economic Power Houses. The United States currently has a comfortable lead with with over 3.3 times the wealth of the next closest nation in GDP. But this will change and we already see China passing Germany in the number five position.

China and India on the Rise; US Lagging in Innovation

Many have said that the issues with China and India taking the world by storm and attracting its manufacturing base is not a problem. Why? Well because they say nations like the US will move from manufacturing to service sector and into technology, designing a knowledge based workforce. That is to say; we design it and they will make it.

Workers in Developed Countries are Not Creating Wealth

The vast majority of people in emerging economies work hard and honestly and they try to get something out of their hard work. It is a bit of exaggeration to say that most people in developed countries do not work hard or honestly, but too many people work in such ways that they do not exactly contribute to the development of their economies.

The Wave of Changing Demographics and the Need for an Intellectual Capital Insurance Policy

As populations age there will be fewer people providing the productivity and more people on the public receiving side of things. This poses a problem for many nations including the United States. Recently, our Online Think Tank considered this and a member William Sheridan mentioned the need for an Intellectual Capital Insurance Policy for Canada and the US.

Are the Civilizations of North America Moving Towards a Knowledge Base Economy?

Many economists, capitalists and government agency experts are watching manufacturing industries dwindle as they are unable to compete in world markets. It is therefore theorized by academics, policy makers and many economists that we must reposition ourselves and prepare for a knowledge based economy.

Disadvantages of UK Joining the Euro

There are several disadvantages for the UK joining the Euro. Foremost amongst these is the loss of an independent Monetary policy. The UK economy is also doing well even though they are not in the Euro.

Is Mankind Outgrowing the Price System?

Some people have noted, even economists that the Price System, that we use in human societies and civilizations is outdated and unworkable. They cite the disparity between rich and poor and all the poverty in the world. To a degree one would have to admit upon thinking about it, that it is not the most perfect system, as it often rewards certain types of behavior which undermines the whole (the rest of the population) for the betterment of a few?

Sub-Prime Lending Disaster Cometh

In the late 1980s and early 1990s we had the junk bonds and the S & L Scandals and now we have a crisis in the sub-prime lending banking sub-sector. During the height of the real-estate bubble too many loans were being made to folks who had marginal or less than marginal credit. Loans were made well above the actual equity value. Now the equity in many folk's homes has dropped by 20 percent or more, where does that leave the lenders?