Traditional Western Economics suggests the notion of a rational, self-centered individual and the assumed self-regulating market system. It is high time to realize that Socio-Economics is expected to serve humankind to be built on the value of human needs for a much richer,more encompassing, nobler and more humane perspective than the pursuit of own personal pleasure for self-interest. It should be pointed out that Americans and Chinese have the identical needs for love, self-esteem with hope and faith re ethics and morality expounded by Adam Smith and Confucius/Mencius for a just and fair society with philosophical underpinning. In Pin Yin "Guo jia" "Kuo precedes Jia" i.e. the nation and the individual.
Presidential Candidate Obama told graduates of Wesleyan University to consider public service because our individual salvation depends on collective salvation.
Former President John F. Kennedy had the same idea as maxim for the nation.
Dr. Sun, the founder of China,is being honored in Chinese mainland and in Taiwan as well with his motto: "Tian Xia Wei Gong" i.e. "The World for Public Sector" to stress the importance of the public interest for China. The leaders in China has cited "Yi Ren Wei Ben" emphasizing human needs in economics. However,the private sector must be recognized for incentives but greed mast be avoided. Corruption of some individuals is a case in point apropos of China and USA as well.
Francis Shieh a.k.a. Xie Shihao,a student detecting the common cause for homosapiens apropos of Sino-American political Economics for societal betterment in the 21st century. Reflections on Memorial Day,May 26, 2008 at 9.55 a.m.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment