'Education' system and human ingenuity

When I think of the word education, it brings picture of a school and classroom in my mind. I think it is same for many others. But think of the transcend-ing that had gone into the process over hundreds and thousands of years to put that kind of conditioning on present human mind. And, the extraordinary guile and intelligence on behalf of human to bring education from a purely one-to-one and primarily experiential phenomenon to a generalized & standardized, one-to-many experience that all human-lings are expected to go through during their formative years. Simply fascinating! Of-course inventions like fire, wheel, agriculture or domestication of animals are the fundamental stepping stones those made this civilization happen, but mass-ification of education is no less important in this journey from the caves to the present day glass & steel skyscrapers. One can simply get awed by the accomplishment.

Now, it was no way one individual's accomplishment. Rather, many of the great minds who lived this planet contributed to this evolution.... (to be continued: we will talk about the genesis and early steps and gradual progress)

What is happening with Euro zone?

Yesterday, the Greek government was on the verge of collapse in the question of holding a referendum on broader issues of staying with Euro zone and receiving debt relief... But, the real question is, has the modern financial system has come to a position where it can be called untenable?

look at the scenario from the background earlier crises - 90s' Asian stock market crisis & subsequent recession (although recession was limited to the zone itself), 2007/8 US housing market crash and subsequent capital market debacles and recession in wider world (except China & India), and now this European crisis which has the potential to be a global crisis with recessions looming - and you will feel something is not right somewhere. Factor in the US dot com bubble of the 90s or other crises of smaller proportions (suffered by a single country or a micro zone), and one can see how modern finance and it's entangle of nuances are dishing up crisis after crisis for humanity to deal with. And, the fact that most of them can trace their causes to transactional or distribution issues rather than real scarcity of goods or services makes one even more dismayed with the current system. Look how one 'rouge' trader or one greedy corporation on more than one occasions have brought misfortune to countless million, and the discontentment with the current system grows even bigger.

What can we do as individual citizens? Do we continue to pay our taxes, be good citizens and pray nothing untoward happens? or is the current ongoing wall street protest that is raging through regions is the answer to the problem in the sense that the movement has enough vitality and focus to take care of the issues? or, we expect the world leaders and agencies are honest and bold enough to take the bull by the horn?