Book 1. Anatomy of Economy: Poverty & Economic Disaster

By N.Natarajan

Economic Downturn, Poverty are not natural. Common man with very little to nil ability to learn & think are taken for a ride by Greedy Global Capitalists in collution with power hungry Political leaders in most countries. In developed countries, it is more than a decade the Economy is not back on rail.
World's best economic school trained brains is ineffective. Leaders of Economically powerful nations are helpless before a few Global Capitalists which shifts the economics from one nation to anther mindlessly. The leaders are demons created by People. Crony Capitalists are Dcaemons created by leaders.Both are dancing undaunted. It is Middle class who can rein in on the demons. Delhi Elections this year shows the way

• Language: English
• Publisher: N.Natarajan
• Release date: Feb 25, 2015
• ISBN: 9781310514791

N.Natarajan

Electronics Engineer, tech trainer, author .A certain event in my early life changed my pursuit from normal material life everyone else and became a seeker. I was seen as a Mad guy as I went around trying to find a Man-of-knowledge. A great Spiritual master, Swamy Rama of Himalayan Institute was my first guru. He made me realize that there is none who can answer all my questions and that several Gurus will appear before me and educate me and vanish. It happened in all these years.For my own use I made notes and that I published as free e-books so that people who are in their spiritual journey benefit from my experience. I have written about Spiritual and Religious titles (Spirituality is not Religion) some in Tamil and others in English.AT some point the poor and poverty came into my attention. I learnt Economics , Politics, the way Human mind work and Education - they are all linked to Poor and Poverty.I never priced my writing. Because I believe that knowledge should not be sold. After all I got them from several noble souls and not mine.Recently for the recent title: Three ways of Living (First of the three book series that help one pursue (1) Celestial Pleasure (2) Yogic Power and (3) Salvation I made it that the reader may decide the price.I am happy to find five readers opted to pay USD 4.95.I am working-out the way that the sale proceeds of my writings (ebooks) reach the trust that builds and manages the Memorial for Kanchi Seer Chandra Sekara Saraswathi, in Orikkai. Tamilnadu.Worked for telephones Madurai. 1968 to 71, TERLS ISRO Trivandrum. 1971 to 75. Isro Sriharikotta 1976 to 78Min of Planning govt computer center Delhi, 1978 to 82.DoE (NATIONAL INFORMATICS CENTER). Delhi six months 1982 june -1983 Dec.CMC LTD DELHI AND. CMC LTD CORP R&D Hyderabad 1983 to 1997.Rendezvous on Chip Secunderabad 1997 to 2000.Sophists Technologies Hyderabad 2001. To 2003.Robert Bosch India bangalore. 2003 to 2004.Freelance Tech trainer, author,. from 2004 to now.So for written 31 titles and 5 more on the preparation.The topics include: short stories Religion and spirituality, Education - Economics - poverty and - politics are disasters to the society.My 40 year long Spiritual journey, I realize, has come to an end. I am sharing my learning with readers.

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N.Natarajan

Publishing information

First published: 2014

E-Publication.

TITLE

Anatomy Of Economics

Author: Natarajan Nagaretinam

Pages 107

Font size: 14 Pts.

Communication: [e-mail]

Stories are Great help!

Stories are great help for remembering important concepts. I will give stories for most important concepts.

You will find quite a few stories in this book. They are meant to help readers in retain the concepts. provided in this book

PART I

Introduction

Economics is not a science like Nuclear Physics.

Everyone can understand it.

Economics is an easy to understand subject. What is taught in universities today is not the core economic theories relevant to the society. They no more than a simple plot by knowledgeable elite against people with ability to gather knowledge, the common man.

Unless the common man understand eco- nomics and the politics associated with it, the poverty and economic crisis will continue for ever.

The economic crisis

In the past couple of decades the entire world is in the midst of Economic down turn. The start of the crisis can be traced to "Pseudo money".

The Economic down turn started more than two decades ago continues even today and reflects in every society, but is different ways. The unemployment, social unrest and even terrorism can be traced to the Economic crisis.

Even after two decades of the downturn, there is no solution found for this crisis. On the contrary, the problem is getting deeper.

Poverty not justified

Technology has enabled faster and higher volume of production of Good and services. Yet, the majority of the people are in extreme poverty.

The leaders of political parties talk about poverty during election campaigns. Promise the poor of better days after they come to power. Leaders come and leaders go. There were tall leaders who fixed even the year to eradicate the poverty. But the poverty remains for ever. If there is an action on the ground that is merely symbolic. But, till the next elections no one speak or does anything to mitigate poverty.

Economists have no clue!

The leaders have no clue about economics is not a surprise. Even the economic wiz-kids from worlds leading economic schools also have no clue to solve the problem, in the last couple of decades.

Solution

Then who is left to solve the Economic Crisis? The answer is: The common man .

Common man, by definition, consisting of Poor and middle class. They have far less skills required to manage their own achieve something that the most powerful leaders and problems. How can they address what economic scholars trained in the world’s leading economic schools failed to achieve?

(1) Common men are the worst affected. Suffering makes one wiser.

(2) There is no one else who can do it.

N Natarajan Bangaluru

Chapter 1

The Natural & The Managed

Economies VS Natural Economy:

Individuals, or small communities decide what to produce and where to produce and where to distribute their products and services.

The people is not constrained by the decision of a few leaders on what to produce, to whom to distribute and who would consume.

The the three tasks of economy namely (1) Production, (2) Consumption (3) Distribution are shared between the people that provides the people an occupation so as to own wealth and ability to buy goods to consume.

In a Natural Economy, none of these three tasks are not taken away from one society to another.

When it is done, people would be deprived of occupation. That would leave people without wealth to buy the Products to Consume.

More importantly, the wealth generated by the society remains largely within the society.

Managed Economy:

There are a few common issues that encompass the entire society that needs a focused attention.

Such issues can be addressed in smaller societies without dedicated people and specialized skills,.

In larger societies need dedicated people, with larger resources and specialized skills. Such issues are:

1. Securing nation’s borders of the society.

2. Scientific & Technological advancement of the society to match other societies around. Failing to do so, the developed societes might exploit those lagging behind.

3. Creating common infrastructure for the entire society,

4. Fair distribution of wealth. Responsibility of the managers of the Managed societies is to ensure that the Nation’s wealth Shared among the citizen, equitably.

Governments, by co-opting the experts in various technologies guide people on the three key aspects of Economy, namely, what the (1) People do, What to (2) produce and how much and who would (3) consume.

The disadvantage

It can be argued that that a few leaders along with their hand picked buerucrats as their think-tanks, can guide the