Norman Macrae -The Economist pro-youth economist -bravo sir fazle abed & jack ma
Probably the dumbest dynamic regarding public service in the world of 2010s is the way they have all forgotten the most basic principle of economics- facilitate family's savings in next generation's livelihoods out of this place
who's most to blame depends on the combination of levels of public servants
.USA -why have states forgotten their primary economic responsibility - it seems they are so stuffed full with trying to provide pensions to the ponzi (unaffordable compounding) schemes of their own employees (made worse by unaffordable compounding costs of old peoples health) that they have totally failed to assure investment in the phase between youth leaving public schools and working for a livelihood. This system of system errors is made worse in public universities that bureaucrats have crammed full of every kind of overhead except an investment fund in their own students entrepreneurship; and now just as open tech of education platforms could bring the greatest liberation to serving university youth. the last thing in the world a state is going to free youth from is the monopoly trap enshrined in accreditation and certificate based education full of all its exhausting and increasingly unusable examsl
this dismal whammy has spiralled over the last 20 years as banks themselves deserted any state-investment responsibility.in a rush to become national then global speculators. This the failure of the connection between the state politician and the federal politician leaves youth's interests out at an ever accelerating rate. And both get lobbies by biggest (ie least job creating organisational systems the usa is capable of spinning- unless all of above is changed most american youth will become the most hopeless (and potentially violent) populace on the planet of nations that branded themselves first world
bottom-up privitazation (BUP) - help us search out pro-youth BUP
You would think that the planet (which brands itself first world) could not come up with a more abusive devaluation of youth than in the US of A. But the European Union has manged this by adding in more layers of bureaucrats. The county (ie within nation) local government of European countries suffers from a similar level of blind ignorance to youth (though the unaffordable costs of health systems are less its burden and more a ponzi scheme caused by national politicians). The national politicians are in some ways in the even less transparent pockets of bankers and media than their US counterparts. But then Europe adds another layer of misinvestment - noweher has a youth or comparative advantage investment been freed by anything that calls itself an EU fund- well certainly not in the 20 yeras since I was forst asked to investigate a country's (Portugal's) EU funds .