{UAH} Accept Emerging Economic Doctrine

I went to market to buy my grandma a chicken – what I could find were three weeks chicken filed with fat and smelling nasty! Where is the Ministry of Health and National Bureau of Standards in all this, I asked?

The world economy based on industrial relations has finally been brought to its knees by internal contradictions – specifically the financial system it helped to create. Wages, production cost, and higher living costs are making industrial economies untenable. 

Industrial countries are frantically looking for a way out without causing massive trauma in current society, political and economic structures.

However, there appears to be little time left as the industrial era is faced with total internal incongruity. Creation of massive service sector hasn't help either since data from industrial societies shows, over 60 -70% of any population can't embrace meritocratic statute (white collar jobs).  

This has well been witnessed in the Information Communication Technology which at its height gave more than $ 100 US hourly. The wages have fallen to below $ 20 US hourly implying there is an oversupply of computer programmers and other ICT professionals etc.

It would equally be naïve for countries in the south to assume that countries with an edge in technological and research innovations will lag behind for long other than the will to go against the current. For now politicians are keeping the status quo.

In fact more efforts and funds are being poured into research and development of new system, organic products and services.

It will therefore be prudent for countries in the south to follow the new social and technological trends and also embrace the new economic and environmental doctrine.

Bwanika.

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Bwanika Nakyesawa Luwero

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