centripetal_force's blog

Capitalistic Democracy

Although probably not necessary, democracy usually goes hand in hand with capitalism. Money is the most dominant incentive in a capitalistic nation. The bad part is the creation of the division of society based on wealth. The rich get richer while the poor get poorer. The good, of course, is the fact that the harder one works the more he or she will gain.  Read More »

Economic Development and Environmental Quality

 It is ironic to see the way the environmental agenda is pushed aside by nations pursuing economic growth for the betterment of society. Hong Kong’s overall air quality has worsened so much that researchers at the Hong Kong University have said that “local air pollution contributes to at least 2,000 premature deaths a year”  This is not just the case in China but in every country from Mexico to India that has experienced economic prosperity. The future consequences of ignoring the environment could range from a tsunami to starvation. Money may provide comfort and luxury but life is more important than both those aspects. The value of protecting the environment cannot be overemphasized. It is time to take action and control the health risks and other dangers that threaten the destruction of the earth before the pursuit of economic prosperity.    Read More »

Syndicate content