Reducing inequalities to maximum extent possible in our own waysForget all macro and micro economics. Forget the trickle down theory, for, the trickle down theory does not work all time. Inequalities abound and, in a very big way.
We should remember that we can and,should, reduce inequalities in our own way. Here is how we all can do this, so that the poor, often at least two or three ladders down in the economic pecking order, live a lot better than what they would do otherwise.
I do this so often and I have the glow in their eyes. Their sense of gratitude is always overwhelming.
When we spend upwards of rupees eight hundred for breakfast for three people, we can give just rupees twenty to the poor boy who cleans our plates immediately after we have had our food. The server deserves rupees twenty too.
When we come out, the poor watchman who would salute us three times when we enter the restaurant, deserves another twenty rupees too, as he would help us take out our car safely and get out of the place.
So, the rupees sixty is absolutely nothing. A very small fraction of what we spend happily. Imagine if there are just twenty customers like us, each of the three poor men (rarely women too are servers) would be richer by Rs400 on a single day and this will help them tide over school or college fees or transport cost or very costly medical expenses. That there are even servers aged more than sixty should make us guilty and prompt us to give small amounts to them.
Likewise, it is so essential that we increase the monthly wages by at least one hundred and fifty rupees every year and them a good annual bonus and also give them our old clothes and loans or donations for education of their children. If we educate atleast one child, we would done a world of good.
The poor plumbers, electricians,the carpenters and courier boys also deserve a lot more help in whatever ways we can. Alternatively, we need to pool our resources by sourcing like-minded people and donating to organizations that take care of terminally ill poor people, more so, those suffering from cancer.
Economists who submit research papers on poverty laugh all the way to their banks. No one really knows if they do their bit to reduce inequalities.
Not all of us are famous economists. But there is always an economy of the poor, by the poor and, for the poor. It is this economy that needs all our attention and, help.
That, positively, would add some value to our existance as human beings leading far better lives than those millions on the other side.