March 2009


COVER STORY


Washington’s Day of Reckoning

by Martin D. Weiss

The crisis has struck the investors world over and is still on. With not many signs of relief in near future, the wise thing to do would be to keep a major chunk of your wealth safe. Probably, the most appropriate saying for today’s times would be--“prepare for the best but be prepared for the worst”

FOCUS ON...


Global Financial crisis


After the Great Depression, the world is seeing one of the worst economic crisis, say experts. The need of the hour  is not just to bring the economy back on track, but also to delve into the factors responsible for the chaos. It is only through an honest introspection by all those involved, that such a crisis can be averted in future.


(continued)

Earlier, the economists were debating whether the current situation is a mild recession or a more serious one. But, now the economists have hardened their views. It is expected that United States and Europe will suffer from deep and prolonged recessions. Asia is in relatively better shape but will not be unaffected.


PROUT is a new socio-economic theory intended to create opportunity for every human being to develop and constructively express their full potential.

Current systems of social development are unable to provide this opportunity. They do not even have the capacity to ensure to all peace, equity, sustainability, basic necessities, and social unity required for a basic human existence. No simple reform can change this, as their defects are inherent in the fundamentals of their ideology.


Both Capitalism and Communism have failed to deliver to the masses. They made big promises but could not fulfil them. Instead, their followers have exploited humanity in all possible ways, always justifying their act. What the world wants today is an alternative economic system, which can correct the past mistakes and bring about a bright future.

One of the necessary factors in the development of a healthy society is a proper socio-economic theory. In any age, people have to come to grips with the question as to how the resources of the country are to be utilised and allocated. In addition, society needs to arrange a system of Government, which can meet the needs and aspirations of all its people.

FEATURES


Obama’s Coronation And After




Socio-economic Democracy and the World Government by Dhanjoo N. Ghista aims to develop an enlightened socio-political environment. Moving ahead in this direction, it provides a new socio-economic-political system based on (i) Collective Capitalism (CCP) of cooperatively managed institutions and enterprises, and (ii) a Civilian Democracy (CDM) sans political parties, whereby the most qualified representatives of all the functional sectors of the community get elected to the local legislature.

INSPIRATIONAL


Do not be anxious, saying, ‘What shall we eat?’ or, ‘What shall we drink?’ or, ‘What shall we wear?’ For the Gentiles seek all these things; and your heavenly Father knows that you need them all. But seek first his kingdom and his righteousness, and all these things shall be yours as well.



A hermit was meditating by a river when a young man interrupted him. “Master, I wish to become your disciple”, said the man. “Why?”, asked the hermit. The young man thought for a moment. “Because, I want to find God”, replied the young man. 

HUMOUR & WIT


While walking down the street one day a female senator is tragically hit by a truck and dies. Her soul arrives in heaven and is met by St. Peter at the entrance....

COMMENTARY


You can’t have your cake and eat it too


Though the governments world over are trying to tide over the economic crisis, the effect is yet to be seen. Right now, we need to take lessons from the Great Depression of the 1930s.


How far permissible?


The event had all the elements to escalate the TRP ratings, instead it raised public temper and outcry against moral policing.

Just watch this. Volunteers of Ram Sena enter a pub in Manglore, catch hold of merry-making youngsters and thrash them including even the girls present there.

The incident is condemned by all--right, left or centrists. There is a great hue and cry amongst the secularists, liberals and human rights protagonists. Electronic media is at its best to highlight the outrage; it even even brands the attempt of Sena men as equal to “Talibanisation of Karnataka”.


Awakening to a world state


By Sohail Inayatullah

Corporate World, Caliphate, or Gaia Peace? The choice definitely is ours. And, it is only what we pick in the present is what will determine our future. So, let’s widen our horizons and develop a deep understanding for different world views. It is only then can we unite humanity to build a better world.

EDUCATION


What is the connection between a new academic co-operative in Australia, a co-operative research programme in Venezuela, a co-operative training programme in Croatia, community-based skills sharing groups scattered across the globe, eco-villages in the USA, yoga and meditation retreats across the world, a global network of community service and sustainable development programmes, and environmental and animal rights activism across the world?

ECOLOGY

The Adelaide Hills in Australia have been a reservoir of some of the rare flora and fauna. The environment of the place has greatly contributed towards making it a nature’s paradise. The need of the hour is to preserve this heritage, slowly falling prey to man’s exploitative attitudes.

HEALTH&FOOD


With purse strings tightening and sales of organic food falling, can the world afford the luxury of ‘slow food’? Leo Hickman meets Carlo Petrini, the founder of the ‘Slow Food’ movement, who believes that his vision of farmers’ markets in every neighbourhood, community vegetable allotments and network of small local producers could help to shape a global re-evaluation of food and farming.



Roads to addiction


There could be several factors responsible for a person to become an addict. What is important is to recognise these causes and then make an attempt to nullify their effect.