You really cannot judge events in life till quite some time has flown by, and you realize what has been achieved compared to how much could-have been. In a recent reading of the "LESSONS FROM THE POOR: Triumph of the Entrepreneurial Spirit", (edited by Alvaro Vargas Llosa and foreword by James D. Gwartney), I could see the mind boggling story of how extreme poverty can be mutated into abundance by the entrepreneurial efforts of the people of Nigeria. To quote the book,
Folks, mostly women, have used their entrepreneurial efforts in creating wealth, without no governmental wealth. Why I titled this post as 'Action or Omission..' is primarily because of the attitude of the government towards these workers and they have proved that in either case, an entrepreneur can succeed. In stead of helping, the policies of the government have at times been road-blocks to their progress, but it seems these measures have failed to deter anyone in the long run.
Indigo dyeing has been an old industry and more of a culture amongst the residents than a source of earning.
How many cultural aspects can you think which can become commercial venture, able enough to wipe-out poverty and create wealth as an alternative to redistributing wealth? Have a read.. 'Lessons from the Poor'.
Half the people in the world live on two dollars or less per day and roughly 600 million live on no more than one dollar per day. With thousands of international relief organizations, strategic government programs, and billions of dollars in foreign aid, why do so many underdeveloped countries remain unable to grow their economies beyond mere survival?
Many a times, you may have heard the phrase, 'change is unavoidable'. But, I feel, progress is something that is in our hands. Change and progress differ in the direction they lead us. And in this context, it is important to remember the mantra, that 'entrepreneurial spirit is the best catalyst for progress (not just change)'. |  |
Indigo dyeing has been an old industry and more of a culture amongst the residents than a source of earning.
How many cultural aspects can you think which can become commercial venture, able enough to wipe-out poverty and create wealth as an alternative to redistributing wealth? Have a read.. 'Lessons from the Poor'.
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