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Tag: WordEconomic

25 Dec 2020
Manahel Thabet

The Great Reset

We do not usually reset ourselves, except when the things that hold us up fail us and turn their backs on us. So, resetting here is an alternative solution to our collapse, or when we fail to find better alternatives than what is in our hands.

The Great Reset means keeping up with changes and adapting to new data, reformulating the world for its tools, updating, and rehabilitating the skills of individuals, in line with a new form of the entire business system.

It may be stated that we were supposed to adapt technology to customs and traditions. But what is happening now, due to the compulsion imposed by the Corona pandemic, and with slow transformations that were also led by the transformations of the age of knowledge, is that we are moving in the direction of adapting everything in order to harmonize with technology, just as oil once did when it poured human civilization into its mold and forced it to adapt to its facts.

The aspects of technology have imposed a reset of everything, which imposes adaptation and the assimilation of the new mechanisms that the business system has ended, and the reordering and reformulation of the identity of professions and jobs. In the beginning, it was palatable, including the pattern of remote work and distance education.

The urgent need to reset began coinciding with the beginnings of the Corona crisis, and I consider it a crisis to produce a transformation and accelerate the resetting process more than an epidemic crisis, as many people have lost their jobs, jobs and money invested in stock portfolios, which they spent a long time in their lives to build up. After hoping for an economically stable life that secures their future and the future of their children, panic began to prevail in the world, then, gradually, the black clouds began to dissolve. This happened when the activation of the mechanisms of the knowledge-based practical system provided its features and tools, and many people began to adapt to these, and practice their old work with a new look that keeps pace with the transformations imposed by activation of the knowledge system, and reset them according to its mechanisms, which are mechanisms that are not born or imposed by the Corona pandemic. Rather, they existed before, yet the Corona crisis has brought them all to the surface and imposed activation. When it is in their hands, as an option that secures it from collapse, it will be about the most able to adapt to the new mechanisms in the sectors of business, professions and jobs, and the worthiest will survive. Those who cannot reset and adapt, will be exported outside this square, which has imposed the readjustment on the world to adapt according to the data.

Economic competition, according to the assumptions of the reset, has come to mean that someone is able, through technology applications, to purchase a commodity from anywhere in the world, without limits or distances that prevent it, and it also means that a seller behind screens in China can compete with a traditional seller in a local store in any country in the world.

These transformations and the presumptions of reset impose the existence of radical changes in all sectors, including medicine, in which all the balance of power has changed. So, obtaining a drug using artificial intelligence has become much easier, as well as searching for vaccination against any disease, as it takes five to ten years to find out its side effects. And here we see a vaccine that was manufactured in less than a year.

Keeping up with, and adapting, according to the data of the reset process, which the world has arrived at in the sectors of business, professions and jobs, requires the world to reformulate its tools, through a process of updating and rehabilitating the skills of all individuals in accordance with the new form, which has been reset according to its data, which are both mechanisms and data: The New Transformation.

Life will pass by those who have willpower and those who do not have it, but who will reserve the advanced seats in the future, for those who are always able to reset, for the strongest desire and the most able to change and adapt to the new facts of life?

Finally, one can ask: Do we consider that reality, with all its facts, failed us in the Corona pandemic, so we had to reset to adapt to more feasible alternatives?

Author : Manahel Thabet
Published December 25, 2020
Al Bayan Newspaper

18 Dec 2020
Manahel Thabet

The “Commodification” of water

The year 2020 refuses to end peacefully. After all the tragedies that have decimated humanity, here comes more. Days ago, for the first time in the world, the establishment of the world’s first market for water futures contracts was announced, and this may lead to speculation by financiers who may trade water as if it were a commodity like oil and gold.

Water is a fundamental right, just like air, and it belongs to everyone. It is a public good. It is closely related to human life and livelihoods, and it is an essential component of public health. It has been so always, and it will remain so.

When water is announced as a commodity for trading in the global stock market and, as is happening now, treated as gold, oil and other commodities that are traded on Wall Street’s financial market, within years, the price of water may rise beyond that of oil in some areas. Most countries and all the west will depend on power plants that depend on the fusion of corn (FT) as a source of energy. This will be followed by the demand for oil decreasing to a degree that affects its prices, and as a result, there will be a noticeable rise in the price of water.

The danger is that only agricultural establishments and large industrial facilities will be able to buy water, which will lead to the marginalization of the weak economic sector, such as small farmers. This doubles the hardship of the lower classes in such sectors, and increases the injustice that they face as a result, similar to the wave of “automation” and “adaptation” that imposed a forced exclusion of the workforce in these sectors which replaced humans with machines.

According to a special United Nations report, water is already under severe threat from the planet’s growing population, increasing demand, and dangerous pollution from agriculture and the mining industry. In the context of the exacerbation of the impact of climate change, the report stresses that water is a vital resource for the economy. However, water contains a set of vital values for societies, which the market fails to realize.

These vital values that the market does not realize have necessitated the ongoing global discussions about the environmental, social and cultural values of water, in conjunction with the news indicating that it will be traded on the futures market on “Wall Street” stressing that water is a basic human right.

The disaster that awaits is that countries with rivers and their people who depend on agriculture industry for their livelihoods will end up having to pay for water.

This situation in turn puts the world before the need to reconsider and redefine the seventeen sustainable development goals, both because of the Corona pandemic that befell the world, and to face new challenges, including the challenge of commodifying water that adds up to the exacerbation of climate change impact.

It can be said that the conflict in human history has always been constant, and the human culture, with its renewed ways of life, is changing. This is an obvious fact. Man used to establish his civilization always around water and close to its origins, declaring long wars for that privilege. In spite of having achieved it, we are now returning to square one, announcing the beginnings of a new era – an era of conflict and water wars.

Author : Manahel Thabet
Published December 18, 2020
Al Bayan Newspaper