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posted by grace.bakunawa on 7/27/2007 7:26 pm

If World Powers is the Brain, What is the Heart of World Economy

World economy has always been controlled by world powers represented by leaders of these countries. That I believe is what Ms. Sarthouris referred to as the "brain",the masterminds. The world powers dictate where and how to create the law of supply and demand of money by goods and trade; so the rest of the little parts of the "body" which are countries with no strategic alliances with world powers may not benefit from the "nutrients" shown in the value of currency exchange and presence of their goods in these powerful countries.

Using the metaphor of the good lady author, let me say that a brain-dead body cannot be pronounced clinically dead if the heart is still functioning. Hence, this is what we can refer to as comatose economy for some countries dependent on economic "aid and respirator" in debts -- paid in many years through legislated taxation by companies and individual taxpayers for a country to operate and survive the world economy.

Some comatose or "brain-dead" patients bounce back to life by natural response to medication. For a country, the survival from a comatose economy rests on good governance which is the "brain" of any nation. And if these small nations survive on their own by creating a powerful economy within, then the world powers are neutralized.

The heart pumps blood to all the organs vital to make the body ethically undeclarable as dead. That is the metaphor that I might want to ask the good Ms. Sarthouris to define. What is the metaphor of the heart in the world economy then? Perhaps, we can say that it is society – people who create commerce, trade, education, laws and culture. If society is still functioning well, then there is hope for the economy to get better.

It is important that civilized society exists to reverse what might be a perceived economic threat in direct efforts or by public consciousness of what doable things each one can do in cooperation. It begins with wise spending, buying quality and reasonably priced goods and not simply for label's sake, having a simple lifestyle and not keeping up with the Joneses, eating and having possessions just enough, saving money and resources, controlling greed and avarice, social responsibility. If this is the norm of a civilized society, then we will not have an obese elitist economy in only a few countries that create themselves as world power and dictate world economy.


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