Quote Unquote
We are told that capitalism discovers wants that people did not realize they had and thus moves humanity forward. But it is truer to say that the market economy is sustained by the stimulation of greed and envy through advertising.
The above quote by Robert Skidelsky is an excerpt from one of his articles titled "The Moral Vulnerability of Markets". I read it in the latest edition of The World but unfortunately it is not available on their website. Thanks to google, I found the article online, you can read it here.
Why am I sharing it here? Because I fully agree with the author's point of view. In fact, this is what I have observed in the UAE during the last couple of years. Luxuries have becme basic needs & satisfying those needs the ultimate aim of our lives. I am not sure about other parts of the world, but I can for sure say that blindly following capitalism has definitely not helped "humanity move forward".
The above mentioned incident is not an isolated one. I am sure similar incidents are being repeated frequently across the Emirates as the country marches forward towards "development". But is it really development?
You still want to know why people have started calling the Emirates a place without soul? Is blindly following the laws of demand & supply worth killing the soul of the country? Is this what the country's founders had in mind when they decided to unite & form United Arab Emirates?
Why am I sharing it here? Because I fully agree with the author's point of view. In fact, this is what I have observed in the UAE during the last couple of years. Luxuries have becme basic needs & satisfying those needs the ultimate aim of our lives. I am not sure about other parts of the world, but I can for sure say that blindly following capitalism has definitely not helped "humanity move forward".
A widow, Zainab, who lived in one of the houses with her two teenage daughters, said she had kept some goats and sheep and earned her living selling their milk and meat.
"I have been living here for the past 30 years. I have no place to go. No money to rent another house. The power and water were switched off several days ago," she said.
She said they had received evacuation notices many times in the past, but had nowhere else to go. She said she approached the municipality several times asking for help but was ignored.
The above mentioned incident is not an isolated one. I am sure similar incidents are being repeated frequently across the Emirates as the country marches forward towards "development". But is it really development?
You still want to know why people have started calling the Emirates a place without soul? Is blindly following the laws of demand & supply worth killing the soul of the country? Is this what the country's founders had in mind when they decided to unite & form United Arab Emirates?
