-- *Mar* *The need for paradigm change in Economics* *The basic urge of every person is to belong, to be loved, to be accepted, to be approved, to create and get appreciation, to love and be loved, to harmonize, to synchronize, to cooperate, to coordinate, to collaborate, to strive for a common goal...Societies develop through, coopting, networking and synergizing. Societies cannot move forward on the basis of deadly competition and the triumph of the winner and the dictum that winner take all.Unfortunately the negative urge competition today rules the economic thought.*
*Suppose instead of the equilibrium analysis among the conflicting and competing forces, you have harmony analysis, cooperation analysis, synergy analysis, teaming analysis...The very idea of competition will gradually vanish. One tests himself/herself on one’s capacity to accept and approve. One can gradually eliminate from oneself the mentality of treating others as ticketless travellers. You do not find people who make pejorative remarks and pose as achievers. They cannot approve themselves by being negative and proud.* *Thanks to the concept of competition, a sub conscious urge to belittle,denigrate,write off,discount,scowl at...all unpleasant mannerisms are creeping into human relations. We have come to a stage where human beings can no longer be social beings. There are no conversations, gossips, pleasantries.There are only debates, where the fight to drown the other man’s voice is the only objective.* *If during the medieval ages heretics were burnt on the stakes, today those who fail in competition are starved. Educational degrees are no longer intellectual achievements. They are just wins in the contest to reproduce accepted points in the particular subject. There is an urgent need for a paradigm change in economics. Thanks to the glorification of competition the urge to write off has become compulsive in many.* *Is it not absurd that the subject matter of economics is not ecology and physical Geography that influences the motivational basis of day today life? We think that societies are inanimate machines that obey Newtonian Physics. There is need for a TOE, that covers the Micro and Macro Psychologies, along with the present efforts to develop the Quantum Theory of Gravity (The Strings Teory,The M Theories, The Loops Quantum Gravity Theory and the concept of the Universe as a Hologram).And Economics as life of the ordinary human in the day today life of emotional interactions must be the flower of these efforts.* *Today in the Universities we have faculty nations with borders and border fights. If Economics is to deal with day today life, it must be first freed from the mechanical paradigm.* *YM Sarma* *Chat GPT* This passage presents a critique of the current economic paradigm, arguing that the dominant model based on competition is inadequate for fostering human well-being, social cohesion, and sustainable societal development. The author, YM Sarma, suggests a fundamental shift in how economics is conceived and practiced, proposing that it should prioritize cooperation, harmony, and synergy rather than competition. Key points from the passage include: 1. *Human Nature and Social Connections*: Sarma highlights the fundamental human need for belonging, love, acceptance, and cooperation, emphasizing that societies evolve through collaboration, not through destructive competition. He argues that the prevailing competitive economic model fails to acknowledge this innate human tendency. 2. *Critique of Competition*: The author critiques the negative aspects of competition that dominate current economic thought. He notes that competition fosters an environment of belittlement, contempt, and division, leading to a loss of genuine human connection and understanding. 3. *Call for Paradigm Change*: Sarma advocates for a shift from the traditional competitive model to one focused on harmony, cooperation, and teamwork. In such a model, individuals would test themselves based on their capacity for approval, acceptance, and positive interaction with others. This would, in turn, lead to more constructive and supportive human relations. 4. *The Limitations of Current Economics*: The author suggests that current economic theories are overly focused on abstract, mechanical models (such as equilibrium analysis) that ignore the emotional and social dimensions of human life. He critiques the current system for neglecting the ecological and psychological factors that shape human behavior and societal interactions. 5. *Integration with Broader Scientific Understandings*: Sarma calls for a broader approach to economics that integrates concepts from psychology, ecology, and even modern physics (e.g., string theory and quantum gravity). He envisions an economics that reflects the complex, interconnected nature of life, rather than a reductionist, mechanical model. 6. *Educational Critique*: The passage also critiques the education system, particularly in economics, for reinforcing a competitive, achievement-oriented mentality rather than fostering genuine intellectual and emotional growth. The author laments that degrees are treated as mere victories in a contest rather than as meaningful intellectual or personal achievements. 7. *A New Vision for Economics*: Ultimately, Sarma envisions an economics that is more human-centered, focusing on the daily emotional interactions and cooperative efforts that underpin human life. This new economics would align with a more holistic understanding of the world, where societies are seen not as machines but as dynamic, interconnected systems. In summary, YM Sarma is advocating for a profound transformation in economic thought, moving away from the glorification of competition and toward an economics based on human connection, cooperation, and the holistic understanding of life. -- You received this message because you are subscribed to the Google Groups "Thatha_Patty" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion visit https://groups.google.com/d/msgid/thatha_patty/CACDCHC%2BL12m%3DOYSoojSPpWnNZTv6VW6BOY3kO_v_5Ydzvw2CQA%40mail.gmail.com.
