Friday, January 22, 2010

Money Banking & Finance part 3

Crime:

As already stated money has made some people very ricli at the expense of others. This has resulted in widespread deprivation. Also the ratio of crime has increased in almost all societies. Murder, robbery, theft forme sake of money has now become the order of the day. This it self has led to numerous evils. The moral values are no longer observed with respect. The content and peace have dried away from our lives. The alarming increase in the crime and abuse have increased the governments expenditures on establishment of police forces and law enforcing agencies. The money for these additional "expenses is of course derived by imposing new taxes and surcharges which further add to the miseries of common man.
3. Exploitation:
The rich are exploiting poor masses in different ways. The deprivation is increasing at an alarming rate. Every year millions of people fall below the poverty line. The increased rate of suicides is also the result of this deprivation. The money is the most commonly used instrument for such exploitations. Rich all around the world have a greater say in governments. They intentionally vote for such policies that are aimed at making them more rich and comfortable. Such policies have increased the working hours of the whole world's labour force over the last decade but their living standards have deteriorated further. Thinkers are afraid that the deprivation could lead to bloody revolution all over the world.
4. Gambling:
It is said that "Easy Come Easy Go". So is the case with rich people of this world. As their wealth is increasing day by day they are in need of some way out to spend lavishly. Unfortunately inspite of spending for the welfare of needy and poors much is spent on gambling, crime etc.
5. Diseases:
The lust of money besides making people psychologically ill has also contributed to numerous physical ailments and miseries. The sharp increase in diseases all around the World is due to the fact that luxuries have made people weak and fragile. They are more exposed to deadly diseases. The use of different insecticides and pesticides to get high yield of crops has also produced serious hazards to health.
6. The Drug Trade:
The greed of money has given rise to huge under ground economy. Drug trade is perhaps the biggest of such activity. Besides this the smuggling of goods, women and children are the burning issues of today's World. The money generated from such activities is not invested in factories but is mainly used for the promotion of same and other evils.

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