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Vikas Kamat
 Vikas Kamat is a programmer- entrepreneur living in Birmingham AL. This blog is a complex mix of Indian culture, life in southern USA, computer sciences, and sports. Opinions are his own.
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Meaning of Self-sufficiency Durable Link to this BLOG
Meaning of Self-sufficiency

Today we live in the period of rapid globalization.

We are also living in the period of immature, and idiot analysts telling us why self-sufficiency is bad (link to John Downen's opinion that self-sufficiency leads to poverty).

I call them idiots because they have not understood the fundamentals of self-sufficiency.

Self-sufficiency means that you look inside, not outside for survival and growth. It is a profound concept and has deep roots in philosophy (as in strength of character), religion (carrying one's own burden), and economy (a self-sufficient body is a strong body). It is a time-tested formula, that is as relevant today as it was thousands of years ago.

The idiots are saying "We can't grow our own food anymore, so self-sufficiency is bad. We can't make our own cloth, so Gandhi was a fool."

Self-sufficiency means only that you will not consume more than what you can produce, or will not spend more than what you can earn. It just means that you will stand on your own feet. It has nothing to do with exchange of services, in fact, exchange of products and services at a fair value is an essential characteristic of a self-sufficient economy.

(Comments Disabled for Now. Sorry!)First Written: Monday, July 28, 2003
Last Modified: 7/28/2003

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