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Embarrassment of the riches

Chatterji, Dipankar (2007) Embarrassment of the riches. In: Current Science, 93 (2). pp. 130-131.

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Abstract

One of the inevitable outcomes of a growing economy is the unequal distribution of wealth which makes a group of people or organization very rich, as well as susceptible to jealousy from less endowed peers. At times such envy can be focused into healthy competition, which culminates into further development beneficial for the society as a whole. Responsibility of the state is to ensure that such unequal distribution ultimately results in productivity, which trickles down to one and all and everyone prospers. However, availability of funds or for that matter any consumable material with limited lifetime is not always beneficial; smartness of the administration and adaptability to procedural changes to envisage newer ways to utilize excess money or material is at a premium in such cases. The first example which comes to our mind is the case of starvation in the country at times, in spite of bumper crops in a given year.

Item Type: Editorials/Short Communications
Additional Information: Copyright of this article belongs to Indian Academy of Sciences.
Department/Centre: Division of Biological Sciences > Molecular Biophysics Unit
Date Deposited: 29 Jul 2008
Last Modified: 19 Sep 2010 04:48
URI: http://eprints.iisc.ernet.in/id/eprint/15316

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