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The Perverted Political-Economy of the Per-Capita Nominal Paradigm

The Perverted Political-Economy of the Per-Capita Nominal Paradigm GangaPrasad Rao Energy, Environmental and Mineral Economist gpao64.blogspot.com gprasadrao.blogspot.com gprasadrao@hotmail.com Writing about the per-capita paradigm is like conversing about the weather. It is so commonplace and unpopular that talking beer might evoke more interest. The per-capita is all around us; it’s what sustains the nominal expansion, and it isn’t at all personally inconvenient - certainly not as inconvenient as the not-so-cool early mornin’ breeze! But what about the unholy nexus between the per-capita nominal paradigm and the democratically-elected political government? Does one feed off the other? Are they necessary and essential to each other - each providing a cover to the other when accused of causing externalities in the Real? Yes, Yes, and YES ! The per-capita paradigm - a darling of nominal capitalists who aggrandize in the capital markets from benchmarking egalitarian lifestyles to per...

Dare to dream? Dream a Sustainable Private Transportation Sector !

Dare to dream? Dream a Sustainable Private Transportation Sector ! GangaPrasad G. Rao Energy, Environmental and Mineral Economist gprasadrao@hotmail.com gprao64.blogspot.com gprasadrao.blogspot.com Disclaimer : The proposal below is made in good faith, but there can be no assurances of obtaining the indicated outcomes. Introduction That the global economy has leaned toward a per-capita LQ Nominal paradigm is self-evident. As technological efficiency advanced and productivity-linked incomes grew, private transport penetrated the upwardly-mobile middle-classes. With the advent of globalization of societies and capital market, the culture of private commuting automobiles, private family sedans, and private recreational SUVs, that took birth in Western nations, particularly the US, spread to the developing nations of the world. Unlike Western nations with small, stabilizing populations governed by mature democratic governments, the rest of world suffers the scourge of populist governments ...