Tuesday, January 20, 2015
Democracy and Riches
Vasu Reddy From Chicago
The disparity in income is nothing new to the civilizations. From the beginning of time we have had the rich and poor, kings/queens and subjects, well to do and not so well to do, however we frame the societies, the differences in wealth factor has always been as old as the human beings themselves. For many experiments such as Communism and Socialism and Marxism and many a political and dictatorial experiments have come to bearing on various parts of the world, and they keep fizzling fairly quickly as people constantly seek self-determination.
The most enduring aspect of human life is the will to choose and decide on what is best for oneself. Irrespective of the time and place we all aspire to think for ourselves and decide for ourselves; what is best.
From the early days of kingdoms and emperors to the last century’s dictatorships, we all have seen the results of freedom of thinking; essentially freedom of speech and freedom of expression. Just like the old times when people wanted to live, think and do what they wanted to, we also in today’s massive in population and very diverse in nature world still want to have the final say in what we do and how we think. Many a dictatorships have come down crashing, and many a controlled economies and governments continue to open for free markets and open ideas.
The poorest of poor nations where people are deprived of basic amenities and education, and sanitation and food, there are still the very rich who have a life style that is very different with every available luxury in the world to meet their needs. Be it a democracy nor a communist society the difference in standard of living is highly subjective to the individuals.
Religion, fundamentalism, communism, fascism and whatever other regional or demographic representation that countries adopt to outside of democracies, they all have the same reason to adapt to determination of governance of its people; social equality. But even in democracies that are as diverse as India and the USA, income and social inequalities are rampant. There is no question of determining the social stature of individual in a democratic society, as the individuals make the efforts and what follows is the wealth that comes with a successful career or business, and in some cases family money. There is no question of begrudging the wealthy as they work hard for it, and most times they are doing the right things at the right time to create fortunes. As the last 50 years clearly shows that with each industry, the creation of new wealth is in parallel, and those individuals who lead the industry as pioneers will end up being the biggest benefactors of the wealth creation on that segment.
The world continues to struggle with the societies with wide income and social disparities, some simply will try to accept the work and wealth factors, and some try to change the politics so that the very rich might be forced to pay more, or might even relocate. Some will try to simply change the structure of the nation to forcefully takeover the enterprises. There are constantly changing socioeconomic factors that drive the politics of nations, the very wealthy also try to manage their riches and enterprises to protect their interests.
Religion also plays a part in how people behave and respond to their socioeconomic issues. The very poor either will cling on to the god factor to seek continued intervention by the almighty to help them get through another day, and some will find religion as a factor that drives their attitude towards how they approach life in general.
The history of the world always shows that democracies allow for choices, and somehow or someway find a way of self-correction to leadership and inequalities. The wealth creation is also a factor of allowing choices for individuals to make their own determination of what they want to do with their efforts, and also get rewarded for their efforts.
While we keep trying various models of governing the people, we always invariable end up with the choice of majority of the people. Also, the very rich are there because they find a way to work on things that most people need, and cater to them.