Between 1798 and 1826 Thomas Malthus, in his series of essays on population, had stated that the human population grows in geometric proportion while the food production grows only in arithmetic proportion. Hence, he predicted that there will be a situation, in the 19th century, when the food supply will not be able to support the growth in population and it will inevitably lead to a population check by means of natural/man-made catastrophes.
When I went to South Africa in the winter of 2008, I was eager to cross the Atlantic Ocean and set foot on African soil for the first time. Also, I was excited to be able to meet and share ideas with the other young finalists of the International Essay Competition I have mentioned before in my blogs. And yet, I wasn’t expecting that South Africa would also teach me a lesson about how cruel human beings can be as well as how crucial forgiveness is for a society.
CNN is the only channel I get in English, so I watch a lot of it. Needless to say, I’m kind of sick of hearing about the global economic/financial crisis, especially since the reports of the end of the world as we know it have little relation to my day-to-day life.
Growing up, many of us receive a horde of unwanted advice in the name of our supposed wellbeing:
“Study accounting or management so you can get a paying job!” “Learn cooking rather than singing!” “You'll do it this way because that’s how it's always done!” “Let others change the world; you just focus on your career!”
The other day I dropped by our school’s Gender Studies and Development Center and had a brief chat with a good friend of mine, who also happens to chair the center. We had exactly the same observation on the progress of empowering women at the grassroots level here in the Philippines, and in Dumaguete City in particular—it’s moving at a snail’s pace.
There was a time when the setting of employment minimum standards was the personification of civilization – no longer can you impose 20-hour days or work without pay. Needless to say, we still allow the importation of products from sweatshops, whilst making weak diplomatic statements against them. Yet that (at least some would insist) is another argument altogether.
The other day a friend of mine, who is doing her MBA in the United Kingdom, was telling me all about how difficult it is to get an internship in the financial sector these days. I was kind of surprised when she mentioned this because, to be honest, I had not given a lot of thought to the correlation between the crisis and the job/internship search process until that moment. As crazy as it may sound, I knew about the crisis (I mean, who wouldn’t? It’s all over the news!), for me it was more like one of those things that you know are out there but which don’t affect your life directly.
In India, we are proud of our Gross Domestic Product (GDP) growth rate. We have been boasting a high growth rate for several years now and the results are visible on the streets of our metropolitan cities. We have glittering shopping plazas, restaurants, multiplexes and a section of the Indian kids love to hang out at the McDonalds and KFCs that are mushrooming across the cities.
The ongoing financial crisis has had many effects throughout the world. Political leaders are coming and going from office, banks are being bailed out, and central banks are pumping billions of dollars of borrowed money into securities to boost investor confidence.
We are aware of the private sector, the public sector and the non-profit sector. To state the most important criticisms of the existing sectors: the private sector is believed to be only profit driven (no social aspects), the public sector inefficient, and non-profits are mostly unsustainable when it comes to financials (this is evident from the high mortality rate of NGOs). To address all these major flaws in the existing sectors we need a Fourth sector.