Post
Topic
Board Economics
Re: Modern-day slavery
by
Smartprofit
on 10/11/2024, 19:06:59 UTC
Political instability could be a major reason for modern day slavery. Seeing those people who have been victims of human trafficking, or even forced labor, that only proves that there is nothing good brought into the community about this political instability. And worst is, while the big names in the government are gaining a lot of benefits from it, those poor individuals have even push into extreme poverty. This leads to economic instability, where rich people becomes richer, while the poor ones end up the poorest of them all.

Democracy is much better than totalitarianism. However, unfortunately, democracy also has many critical shortcomings.

A politician has to be a populist to be elected to power. Instead of making strategic management decisions that will improve the economic situation in the future, politicians curry favor with their voters and make populist decisions that only have a short-term effect. As a result, with each new generation of politicians, the situation in the world becomes worse and worse, and management decisions become more and more populist. Some unscrupulous politicians even manage to create serious problems themselves, and then imitate activities aimed at solving these problems.

At the same time, each new generation of citizens lives worse than their fathers and grandfathers did. In order to maintain the previous standard of living, they have to work more and more.