Brief Introduction / Simple Version:
A simple explanation of Karmanomics can be:
Good Karma + Good economics = Karmanomics.
We are creating a newer economic model with their roots in the core Hindu / Sanatan ethos. An economic model that doesn't rely on exploitative financial instruments dipped in complicated alphabet soup & verbosity.
Economics ought to support respectable life for humans and other life forms in addition to create built-in incentives to preserve mother nature while nurturing local Civilizations while making sure unless backed by theological hatred of the other, economic models must disincentivize exploitative geopolitics by design.
First let's understanding economics.
The simplest definition by a Google search shows as follows:
The branch of knowledge concerned with the production, consumption, and transfer of wealth.
Now let's understand Karma.
कर्म Karm wrongly read & pronounced as कर्मा Karma in english. For common understanding we will continue to use Karma. Karma is a Sanskrit term that literally means a deed / action.
The original thought under Sanatan Dharma सनातन धर्म casually known as Hinduism refers to actions and their consequences.
Thanks to Social Media this basic concept is clear to people around the world and appears largely to make sense to people across different belief systems as well as no belief systems.
Under Karmanomics the idea is to create an alternative set of economic infrastructure that interacts with the current types of infrastructure that have evolved over the centuries to the current hyper financialized evolution of imperialist finance as it evolved over the strong coercive exploitative foundations laid down during the imperialist times.
Under Karmanomics individuals & families ought to be at the core of economic theory instead of the current practice of institutions absolutely dominating the decision making in an ever evolving economic model that has led to extreme financialization sucking away wealth from individual and family balance sheets and leading to over-concentration of wealth in institutions.
What makes this worse is that just like astronomy our economic models are limited in their understanding and tracking of the grey and black economies that have a disproportionate bearing on the society as these are mostly funds generated by outlawed activities.
What makes this worse is that just like astronomy our economic models are limited in their understanding and tracking of the grey and black economies that have a disproportionate bearing on the society as these are mostly funds generated by outlawed activities.
The impact may range from negligible to moderate to severe and even life threatening and worse it disproportionately affects the especially most insecure strata of our society whether by their economic or gender or age related weaknesses.
For most people struggling with professional, personal or health related issues in different stages of their life we can't expect them to think deep about such issues and generate insights. However if better economic models are created that leads to feasibility of life centric financial instruments then they gain from the good karma generated via these financial instruments for themselves, their families, their future generations as well as for society at large despite their intent being limited to decent returns in most cases.
For Karmanomics one good deed is better than innumerable good intentions.
Our mission is to tap into the idealism in humans to create enough scale to move the needle on the acceptance of these well intentioned economically sound ideas at scale that moves the needle to cleanse our deeply toxic global economic models from within and bring us back from the brink of economic and civilizational collapse as visible worldwide and leave behind a sound economic framework that always stands tall for serving the masses without demonizing profit, capitalism and individual ambitions while still protecting the vulnerable that chose not to get in the capitalistic & high technology game.
For a Deeper Dive into the thought behind Karmanomics click here.