Swamiji says
"Look at the flea market.This country's economy is destroyed by imports.I am not a market man.I do not read,nor do I understand,the vertical lines in the New York Times business page.I am just looking at the situation objectively.The market always has its eye on the bottom line.Therefore, they don't mind outsourcing.The employers are medium and small industries who are providers of employment.A labor union does not exist in China;therefore,no country is able to compete with them.No country.All our textile industries are destroyed because of unions and also because of no unions.There is no fair play in global markets,and in global markets there should be fair play.The monetary system must have a certain paradigm between currencies and currencies,but there is no paradigm.Therefore,the world is not ready for a global-free market.There needs to be similar infrastructures or somebody is going to be exploiting somebody else.That is what happened to this country,plus there was extraordinary greed.
The greed of hedging doesn't produce anything.Billions of dollars of major economic activity in this country is just hedging. Hedging means whether the economy goes up or it goes down there is no problem,the investor will make money.I am not talking about right or wrong here.I am simply saying that hedging doesn't produce anything.The production there is nothing.Nothing is produced in agriculture.Hedging only produces green paper,and hedging is ruthless.One makes money out of money.Money brings money.It is supposed to bring money,but money also takes money away.Somebody looses and somebody gains.The whole world looses and the hedging people gain.What I am saying is there is no emphasis on production.The large and small industries are to be encouraged.They need to be protected.Other countries also need to follow the same norms and the same conditions as there are here.If there are some minimum wages here in this country,an equivalent needs to be there in other countries.There needs to be the same minimum wages and the same freedom to have labor unions.The people need to voice their demands,and they need to get their demands met.They need to have their freedom.In China the people cannot open their mouths.
Therefor,it is not wise to throw open the market.If it is going to be a real flea market,then every country must have a similar infrastructure in terms of power,in terms of transport,and in terms of communication.If every country has the same infrastructure,they can compete with each other.There can be equality.That would be beautiful. But in India there is no infrastructure;there is no power.if the power comes on,we do namaste.If the power doesn't come on, it is natural.I don't see any will to bring about a change.Here in this country the unions are very big.In India the communists have no unions,The argument is-it is the peoples government.Here this is what?Devatas government? Bluff! These folks are a danger to the world.Danger comes from these people.They are destroying our government,our national culture,and the global economy all because of greed for power.Deluded as they are,they say they are working for the people,but the people are suffering.Anything that is lasting they destroy.They are hobnobbing with the political parties in India.People don't understand.
There is so much disparity. In the monetary system there is disparity. The buying power of a dollar must be the buying power of a rupee. You can have forty or forty five rupees to a dollar,but that kind of money one should be able to earn. What does it take for an unskilled person to earn one dollar here in America? hat time does it take? Within that time that person in India should be able to earn that forty or forty five rupees,then that is called parity, but one cannot earn that in India. The minimum wage here is now about seven dollars. Let's say that a person in America earns one dollar for every eight minutes. A person in India would have to earn forty or forty five rupees every eight minutes, but sometimes it takes the whole day for him or her to earn that. He earns eighty rupees for four hours, earning two dollars for the whole day. see the difference. There is no parity; there is no justice. A global market means this is what will happen.
Assuming that there is parity, still a global market won't work. A free market is required. Freedom is required. The human being has to be free for artha kama, and the human being, he or she, has to follow dharma. It has to come from within. No matter who rules, which party comes to power, nobody has any clue what will work. People don't know. If a person knew, he or she could control the system, but it always goes haywire. A natural course must be allowed. When one tries to block this and tries to block that, something else happens afterwards, and there is another problem. This is a system, a defective system.
That greed must be kept under control. What is that greed? Suppose somebody has a corner shop. There are no corner shops anymore, you know, but suppose there is a corner shop and this person wants to have another one so that he can sit in one and his wife can sit in the other. So he opens another shop. Is it greed? I don't think it is greed. It is his desire, which is legitimate.He wants to have one more shop. And after two shops, suppose he wants to sell and buy a small supermarket where people walk in and pick up whatever they need. It is not like a corner shop, but he wants to buy it. It is a desire. Afterwards, he wants to buy a bigger place. He is an enterprising person. He doesn't get stuck. He keeps growing. That is a trick of survival. You have to keep growing. That is how you can survive in the market. So that is what he does. It is all natural.a
(courtesy avnl Jan-09. to be continued )