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	<title>That's Too Thin &#187; Definitions</title>
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		<title>Who Wants Economic Stability?</title>
		<link>http://thatistoothin.com/2008/11/28/who-wants-economic-stability/</link>
		<comments>http://thatistoothin.com/2008/11/28/who-wants-economic-stability/#comments</comments>
		<pubDate>Fri, 28 Nov 2008 19:47:58 +0000</pubDate>
		<dc:creator>Vitaly Pimenov</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[General Problems]]></category>
		<category><![CDATA[change]]></category>
		<category><![CDATA[children]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[lower bound]]></category>
		<category><![CDATA[resources]]></category>
		<category><![CDATA[stability]]></category>

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		<description><![CDATA[Today, while working on a robotics related article, I found myself thinking on &#8220;Why the hell they are talking to us about economical stability we do not want?&#8221; We, I mean people who try to learn from the life, do we want a stability? I claim, we do not. Living in Russia, the developing country, [...]
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			<content:encoded><![CDATA[<p><img class="alignnone" src="http://thatistoothin.com/images/stability.jpg" alt="" width="500" height="375" /></p>
<p>Today, while working on a robotics related article, I found myself thinking on <strong>&#8220;Why the hell they are talking to us about economical stability we do not want?&#8221;</strong></p>
<p>We, I mean people who try to learn from the life, do we want a stability? I claim, we do not.</p>
<p>Living in Russia, <em>the developing country</em>, I find myself caring at most about the lower bound. Assuming the economics is about people (doubtful statement in fact), I think <em>not the stability matter per se, but the lowest bound</em>.</p>
<p>What is the lowest bound?</p>
<p>Begin defining lower bound: the lower bound is a guaranteed amount of goods one can rely on. Don&#8217;t confuse it with basket of goods &#8211; the latter is just the market analysis tool. Lower bound is what your country gives you just because you are here, whatever your occupation is.</p>
<p>The lowest bound is the minimum among individual&#8217;s lower bounds. (Sorry for the formalism, it is just a tool to express the thoughts.)</p>
<p>In practice, here in Russia, lowest bound is <strong>negative</strong>, while lower bounds vary a lot &#8211; i.e. there are people who have nothing at all but still have to pay, some of them are saint, but nobody cares cause it is not a source of money.</p>
<p>So how should it look like if humankind will eventually survive and <span>radiant</span> <span>future</span> will come?</p>
<p>I hope, the lowest bound will not only be positive, but enough for a living. (Of course it could be living doing nothing, but it&#8217;s not the today&#8217;s thoughts subject.) <span style="color: #cc99ff;">Today there is struggle for resources (both human and natural), and, my guess, one of a reasons for this is that resources are being thought of as a facilities. <strong>But they are our most valuable assets indeed. </strong>Once we will understand this, there will be a light at the end of tunnel.</span></p>
<p>Well, the lowest bound enough for a everyone&#8217;s living seems to be a castle in the air. More realistic and absolutely necessary step we need to take is <strong>making the lowest bound for young parents enough for living</strong>. This is crucial, critical, absolute must, if we do really want the humankind to continue. <span style="color: #cc99ff;">The upbringing should be in the uppermost in parents&#8217; mind</span> &#8211; not the staying alive, making a little bit more money, paying the bills, watching TV, sheepwalking til death etc.</p>
<p>What we see today is <a href="http://fantasia4ever.blogspot.com/2008/10/are-you-making-your-country-poorer.html">women staying at homes with children are sometimes called a cause of economical failures</a>. Worse is that it&#8217;s in some way reasonable. Worst is that <a title="See point 4 in the atlas" href="http://devdata.worldbank.org/atlas-mdg/">in numerous African countries more than 20% of children under five die</a>. It is somewhat abstract when taking a detached view, but imagine your own lovely child among them&#8230;</p>
<p>Enough on this today.</p>
<p>So who wants stability? Easily &#8211; it is the people talking on that, trying to convince us. Who they are?</p>
<ol>
<li>Lords and masters of today, paralyzed be fear of loosing power.</li>
<li>Their spongers.</li>
<li>Paranoids.</li>
<li>Misled ones &#8211; let&#8217;s forgive them.</li>
<li>Sly ones, who understand the opportunities the change brings, but want to keep them for themselves.</li>
</ol>
<p>I don&#8217;t think it is the right time to engage in the battle, better to find people who understands change and wants to make the world a better place for a living, and go along together.</p>
<p><em>Leading photo by <a href="http://www.flickr.com/photos/richardspics/">Richard-</a></em></p>
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