Western Economic Lessons

Economic theories followed by countries which the aggressors societies followed in their colonies have become an accepted theory. Today's economic crisis all over the world can be easily traced to the Economic theories. The objective of the invaders is Creating wealth in their colonies, using common man as a Labour, pay wages only when there is a work to to do. Create wealth from the natural resources and common man and stash it away to their own socieity. Share with common man in the ration of 80:20.

This theory followed in erstwhile colonies, with the absence of 80:20 formula of wealth share, (that was followed by invaders in their colonies) continue to keep common man impoverished. West calls a small subsidy to buy food for the poor as " Populist" and "economic imprudence" . The ecopeople whonomic theories should be everything to do with people who produce, people who distribute and consume in any socieity.

But the Economic theories today aims at targeted as Profit maximizing as a goal. People belonging to the society is not a factor in the economic theories. This deviation of economic basics has its root to social unrest, terrorism due to ever increasing poverty and deprivation.

This book has stories that drive home the concepts. No economic genius has so far contradicted the contents of this book.