The Learning and Growth Cycle

Corporate Social Responsibility revamp for bridging India’s wealth gap    P Rajagopal Tampi Introduction Wealth disparity is one of the biggest threats to peaceful human existence https://rajtampi.blogspot.com/2022/12/avoiding-revolutionary-trap-of-large.html . In India, where 50% of the population owns a mere 2.8 % of our national wealth, in combination with our gigantic population of 1.35 bn, the problem of wealth disparity should be center-stage.   The Gini coefficient of India has increased from 32.1 in 1983 to 35.7 in 2019 1 .Our wealth disparity assumes even greater importance considering that India will emerge soon as one of the top three world economies.  India is at the threshold of what could be a Golden era which could last for centuries if we are led by far-sighted, clear-headed leadership with broad vision, integrity, desire to win and long-term thinking. We have progressed from more socialistic mechanisms to more capitalistic ones during the last ...

Avoiding the Revolutionary trap of large wealth gaps in a capitalistic world P Rajagopal Tampi Introduction One of the biggest threats to our peaceful human existence arises from wealth disparities around the world. Great wealth disparities in combination with extremely high debt levels create the fertile ground which have sparked several mass uprisings throughout the ages, the French Revolution (1789 ) and the Spanish Civil War (1936) to name a few. These occurred when the world population was 780 mn and 2.01bn respectively. That’s a far cry from the world population which stands at over 8 bn today. Just imagine what sort of loss of lives and destruction, wealth disparity-based revolutions would entail in todays world? Aided by the exponential growth in money supply and the multiplying power of Twitter and social media to communicate at scale instantly! Migration to the European continent of the poor from the African continent and elsewhere and to the US from Mexico and South ...