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Irrespective of your thoughts on the issue I know for sure and strongly feel that the capitalist greed manifested through a system of debt based society is one of the major causes of this gloom in the world economy. Whether communism could have saved us from this is perhaps not a correct hypothesis but then that’s a separate debate. Here I am just talking about people like you and me that have been affected by all this.

Now as soon as we were hit the first that got affected were the support industries. The Core started looking at reducing costs and manpower is obviously the first choice. You might realize that during economic doom somehow the “goodwill” value in the balance sheet is the most non liquid asset!!

So now the corporation gets into this act of off balance sheet measure of what best human beings can do. Create complications for other fellow human beings. I am not saying here that the measures are uncalled for. It was the most logical thing to do. Get people to multitask, while ask the others to leave.

In this melee, my problem is of a different kind. Why did you plan for an organization structure that had so much excess fat? It required an economic debacle for the organization to realize their wrong planning. The irony does not stop here. On one side you had executives taking one way flights back home while his colleague was going to his local home with a bonus wired to his bank account!!

Some of the establishments have been so blatant that the grants they have received from the Government have been treated as Income in the Profit and Loss Account and they have posted a profit in the books for the the board and the limited shareholders to run away with huge dividends.

The world is a funny place and somehow we have been our worst enemies. The two big Es in our life is slowly killing us. Economy and the Environment are the two things the future need to concentrate on since we cannot do anything with the past other then blaming it. I am not even sure of the learnings the past has to offer. Finally, Nature will act on the environment, but God help us and our Economic System Sphere: Related Content