Let me give you an example of how dreadful it could be :
A doctor, wanting more money to better provide for his family, raises his fees. By raising his fee, it makes health care more expensive for everyone. Now, it hurts the poor people the most, so poor people have worse health than those with money..
Because the doctors raise their rates, the attorneys raise their rates. Because the attorneys’ rates have gone up, schoolteachers want a raise, which raises our taxes, and on and on and on. Soon, there will be such a horrifying gap between the rich and the poor that chaos will break out and another great civilization will collapse. Great civilizations collapsed when the gap between the haves and havenots was too great. We are on the same course, proving once again that history repeat itself because we do not learn from history. We only memorize historical dates and name, not the lesson.
The learning should be that the schools or educational institute should teach people about money and how to harness money’s power than to focus on teaching people to work for money.
You post talks about the gap between the rich and poor. And that is true the gap between the rich and poor is widening and one day this will be the reason for the collapse of our society.
However I do not understand the example that you have given
“Because the doctors raise their rates, the attorneys raise their rates. Because the attorneys’ rates have gone up, schoolteachers want a raise, which raises our taxes, and on and on and on”
How does a doctor raising the rates causes an attorney to raise their rates and so on?
Amit,
I feel corruption is the root cause of all this. The doctor in your example would have paid huge amount of capitaioin fee / donation. Police pay huge amount of money for getting postings….engineers for getting contracts……and the list goes on and on. They of course would like to recover this amount / investment, which they do with the help of corruption again.
What are politicians doing in the name of, so called, changes in Educational Policy is very strange ……. the students do not want them to do away with the board exams but the politicians are bent upon doing away with the exams. Imagine a student getting 91% and another getting 99% both will get an A+.
Consequences:
a. Student getting 99% may not strive for getting 99.9%, as 91% is as good as 99% in the new grading system
b. Teachers will have more say in grading the students, as the grades will be given internally. So a student who is not in good books of a teacher may not score well.
c. Since the grades do not distinguish between 99% & 91%, admissions in higher universities will be given to the student who gives more donation.
This can go on and on my friends. Bu unfortunately we can not do anything in this. One may say that we elect these people … but do we have any choice…..sorry for deviating from your topic but one thing leads to another.
(I think I have given you a topic for your next blog)
Take Care,
Sanjay