Friday, February 26, 2010


When I wrote my book last year, I started out looking at the economic numbers and tried to analyze the challenges and why Jamaica did not over 47 years achieve any real development. After looking at the numbers I concluded in the last two chapters that in order for Jamaica to achieve the elusive development, we must of necessity first see a new political and social order.

Included in this new order "must of necessity... [be]...a focus on developing the human capital across society". The fact is that Jamaica will never be ready for any real development unless we address the social and political challenges that face the country. Sure we may be able to eke out isolated bouts of three percent economic growth occasionally, but that is not development. In fact the growth we have seen, and what is being projected in the IMF programme, has come and will continue to come from international begging...I mean remittances.

Fading productive base
The truth is that the productive base of Jamaica will never grow until we address the social ills facing the country. Until then the truth is that the only real economic systems that will service Jamaica well are feudalism and slavery, which effectively is disguised by political independence. But if you tear away all the hoopla surrounding so called independence, we still have a significantly oppressed citizenry (controlled in the new feudal farms called garrisons) and we still rely on developed countries for debt and aid. So are we truly independent.

Modern day economics of course assumes that a civilized society exists, and does not consider the type of widespread corruption and high crime rates Jamaica has. So development and market theory does not assume a significant cost of business as extortion or that government will consistently run fiscal deficits in order to satisfy a political rather than economic motive. Economic theory assumes that the self correcting mechanism of the market will be allowed to operate and that governments will work in tandem with the market but will intervene in order to allow a smoothing out effect, thus eliminating any violent market reactions that will dismember the working class.

These assumptions do not hold in Jamaica, and therefore our relentless pursuit to practice an efficient market economy is futile.

Last week I wrote about the massive gun find in Mountain View, and said then that the economic recovery will of course depend on how the Commissioner of Police addresses the fight against corruption and crime. I also mentioned that resources were being wasted dealing with issues that should not occur in the first place such as Armadale and Horizon. The week after of course the Armadale report was revealed, which even more frightening to me than the report was the fact that the authorities had it in their possession for well over a month.

So to me the real horror of police brutality, horrendous prison conditions, and neglect of children's rights is not the fact that they occur, but that the authorities over the years have neglected to do anything about it. I am of course horrified by Armadale but let's be honest these things have been occurring consistently over the years. The only difference this time is that some children died and more importantly credit must be given to the Prime Minister for immediately setting up the commission of inquiry. I mean over the past few weeks the Child Development Agency (CDA) had been running these nice sounding ads that anyone who knows about child abuse and does not report it is guilty of an offence. Of course this seemed to me to be nothing but PR, as in plain sight children continue to be abused every day. When children are allowed by their parents to spend the day at traffic lights wiping windscreens or selling on the roads isn't that abuse in plain sight. So what has the CDA or any child protection agency done about it? Give me a break. This does not require resources.

If being cynical you could say that when you look at the animated picture of children on the CDA website they look like they are in strait jackets. So go figure.

When police are accused of brutality against citizens what is done about it, and what is done about the simple things like night noise and blatant traffic violations. The police can't tell me that they need any special investigative arm up setup to deal with these two in your face but important law and order situations.

In May 2008 I wrote an article called 'Déjà vu", where in reaction to the public and leadership outcry against the assassination of a young lady in York Plaza, I indicated that the public outcry seemed like déjà vu as every time there is a crime upsurge everyone speaks out only for nothing to be done to correct the systems. Similarly when Armadale happened last year there was a big outcry and if Nationwide and the Observer did not carry the report everything would have been "no problem". So what will change after we all get tired of talking about this instance and a few people resign? Again déjà vu.

Threat to the economic programme
So while the Finance Minister is busy trying to get interest rates down and manage the debt and fiscal accounts, other parts of the bureaucracy are ensuring that all his efforts come to nil. It is like the finance department trying to control costs and the marketing department making as much contacts as they can but when the customer comes to the organization for service they are abused by the operations personnel. So the Jamaica Debt Exchange (JDX) will be put in place and the interest rates will be immediately lowered, and provide a significant fiscal boost, but the operational people will ensure that the economic programme for improvement is not maintained.

This is because investment decisions are more driven by the need for social stability and economic predictability. People use these factors to determine risk and return on investment more than interest rates. So we have projected that the rate of devaluation will be about four percent per annum, and one can get approximately four percent on US$ deposits. So why invest in Jamaican dollar assets at 10 or 12 percent when one can realize 8 to 9 percent on US$ assets if your money is going to be at risk from the social and economic instability in Jamaica.

This is the real risk to the JDX as no amount of monetary policy can work in a country where citizens are not geared towards productivity either because of the new feudal farms (garrisons), they are crying out for justice from police brutality, or they are being turned into criminals by the state when they go to correctional institutions.

If you look at Jamaica's social development over the years we have fallen behind many other countries. Again quoting from my book - "...of 101 countries surveyed [Human Development Index Report] in 1975, Jamaica ranked 39th or in the top 39 percent...By 2005, however, Jamaica was ranked 101st of 177 countries...or in the top 57 percent." Clearly although our ranking may have improved absolutely we have fallen behind many countries.

In short what Jamaica must first become if it is to achieve the necessary economic and social development to move forward is a civilized society.


Anonymous said...

I for all time emailed this weblog post page to all my
contacts, since if like to read it after that my contacts will too.

My blog post -

Anonymous said...

For the reason that the admin of this site is working,
no question very rapidly it will be well-known, due to its
feature contents.

Look into my weblog diet Plan

Anonymous said...

This is my first time pay a quick visit at here and i am
actually impressed to read all at alone place.

Feel free to visit my blog: windows registry cleaner

Anonymous said...

hey there and thank you for your info – I have certainly picked up something new
from right here. I did however expertise some technical issues using this website, as I experienced to reload
the web site a lot of times previous to I could get
it to load correctly. I had been wondering if
your web hosting is OK? Not that I'm complaining, but sluggish loading instances times will often affect your placement in google and could damage your high-quality score if ads and marketing with Adwords. Well I'm adding this RSS to my email and can look out for a lot more of your
respective intriguing content. Make sure you update this
again soon.

My weblog :: best registry cleaner

Anonymous said...

Magnificent beat ! I would like to apprentice while you
amend your site, how could i subscribe for a blog site? The account helped me a acceptable deal.

I had been tiny bit acquainted of this your broadcast offered
bright clear concept

Feel free to visit my page :: graduate certificate online

Anonymous said...

Wow! After all I got a webpage from where I can in fact obtain useful information regarding
my study and knowledge.

Here is my web blog graduate certificate online

Anonymous said...

Hi, just wanted to tell you, I loved this article.
It was helpful. Keep on posting!

Look into my page - raspberry ketones diet

Anonymous said...

My brother suggested I may like this web site. He was totally right.
This submit truly made my day. You can not believe simply how much
time I had spent for this information! Thanks!

Feel free to surf to my web site ketone diet

Anonymous said...

It's great that you are getting thoughts from this paragraph as well as from our dialogue made at this place.

my site - bmr calculator to lose weight

Anonymous said...

Hello, Neat post. There is a problem together with your website in
internet explorer, could test this? IE nonetheless is the market leader and a huge component of
other folks will omit your wonderful writing due to this problem.

Here is my web-site :: calories walking

Anonymous said...

Hello would you mind sharing which blog platform you're using? I'm going to start my own blog soon but
I'm having a tough time selecting between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your layout seems different then most blogs and I'm looking for something unique.

P.S My apologies for being off-topic but I had to ask!

My homepage: waist to height calculator

Anonymous said...

I know this website provides quality depending articles or
reviews and additional information, is there any other web site which
gives these kinds of things in quality?

Feel free to visit my web page ideal waist to height ratio

Anonymous said...

Very energetic post, I loved that a lot. Will there be a part 2?

my site: calculate bmr

Anonymous said...

Pretty component of content. I just stumbled upon your weblog and in accession capital to claim that I get actually enjoyed account your
blog posts. Anyway I'll be subscribing on your augment and even I achievement you get entry to consistently fast.

My blog: diet plan to lose weight

Anonymous said...

of course like your web site however you have to check the spelling on several of your posts.
Many of them are rife with spelling issues and I
to find it very bothersome to inform the truth then again I'll certainly come again again.

Feel free to visit my blog post ... bmi calculator men

Anonymous said...

This is really attention-grabbing, You're an overly professional blogger. I have joined your rss feed and stay up for in quest of extra of your great post. Also, I have shared your website in my social networks

my web blog ... how to lose weight fast

Anonymous said...

Thanks for every other fantastic article. Where else may just
anybody get that kind of information in such a perfect
means of writing? I have a presentation next week, and I
am on the search for such information.

Here is my website how to lose weight fast

Anonymous said...

Hey! I'm at work browsing your blog from my new iphone! Just wanted to say I love reading through your blog and look forward to all your posts! Carry on the fantastic work!

my webpage; easy diets that work

Anonymous said...

Hi there! Someone in my Facebook group shared this website with
us so I came to take a look. I'm definitely loving the information. I'm book-marking and
will be tweeting this to my followers! Fantastic blog and terrific design.

Here is my weblog :: Diet that Works

Anonymous said...

Asking questions are truly good thing if you are
not understanding something totally, but this piece of writing offers nice understanding even.

Feel free to surf to my web blog: calorie burn calculator

Anonymous said...

Hello to every body, it's my first go to see of this weblog; this web site carries remarkable and genuinely excellent material for visitors.

My homepage - lose weight fast

Anonymous said...

This is very interesting, You are a very skilled blogger.
I've joined your feed and look forward to seeking more of your fantastic post. Also, I have shared your site in my social networks!

my website: birds eye rice coupons

Anonymous said...

I enjoy, result in I discovered exactly what I used
to be taking a look for. You've ended my 4 day long hunt! God Bless you man. Have a nice day. Bye

Review my blog; fastest Way to lose weight

Anonymous said...

These are actually wonderful ideas in about blogging.
You have touched some good points here. Any way keep up wrinting.

Feel free to visit my web site ... losing weight fast

Anonymous said...

I was wondering if you ever thought of changing the structure of your site?
Its very well written; I love what youve got to say.
But maybe you could a little more in the way of
content so people could connect with it better.
Youve got an awful lot of text for only having 1 or 2
pictures. Maybe you could space it out better?

Here is my blog post - muscle enhancers

Anonymous said...

This is the right website for anyone who wishes to
understand this topic. You know so much its almost tough
to argue with you (not that I personally would want to…HaHa).
You certainly put a new spin on a topic which has been discussed for ages.
Great stuff, just excellent!

my blog: Muscle Rev Xtreme Trial

Anonymous said...

This website really has all the information I needed about this subject and didn't know who to ask.

Feel free to surf to my page; raspberry ketones diet

Anonymous said...

The notion tag watches for women is almost as beautiful as physical pieces of tag heuer outlet sydney is alone.
tag watches for men holds on to recollections of
essential and joyous occasions and pays tribute to relationships that matter
to its owners and givers. Learning about all sorts of tag heuer outlets can help you preserve your memories and getting a lot more rewarding getting and selling experiences.

Here is my web site: tag heuer outlet online

Anonymous said...

I am genuinely delighted to glance at this webpage posts which consists of plenty
of useful information, thanks for providing these

Look into my web page tag formula 1 watches

Anonymous said...

Whether your buy tag heuer outlet sawgrass for buddies, get it as a gift
or receive valuable heirloom pieces, you have to understand
how to buy, promoting and cleansing tag heuer
outlet florida practices. This article will provide you with ideas and tricks to get the most out of
your buck when it comes to tag watches for women.

My homepage;

Anonymous said...

Excellent beat ! I wish to apprentice while you amend your site, how could i subscribe for a blog site?
The account aided me a acceptable deal. I had been a
little bit acquainted of this your broadcast provided bright clear concept

Feel free to visit my page raspberry ketone diet

Anonymous said...

Hello There. I found your blog using msn. This is a really
well written article. I will be sure to bookmark it and come back to read more of your
useful information. Thanks for the post. I'll certainly comeback.

my web site :: Raspberry Ketone Diet

Anonymous said...

Regardless of whether you inherited some tag heuer link calibre 6, bought a
piece for yourself or received 1 as being a gift, the planet of tag heuer link watch can
be just a little confusing. Where must you locate quality information about jewelery?
This article will address a couple of pieces of advice that can aid you be a far better educated customer.

my web page: tag heuer link calibre s

Anonymous said...

This is a topic which is near to my heart... Thank you! Exactly
where are your contact details though?

Also visit my web blog: Beta Force Muscle Building

Anonymous said...

Valuable information. Fortunate me I discovered your website accidentally, and I'm stunned why this accident didn't happened earlier!
I bookmarked it.

my homepage ... Click N Loan

Anonymous said...

Good day! I could have sworn I've visited this website before but after browsing through many of the articles I realized it's
new to me. Anyways, I'm definitely pleased I stumbled upon it and I'll be book-marking it and checking
back frequently!

Feel free to surf to my web blog; buy raspberry ketone

Anonymous said...

Good way of describing, and nice paragraph to take data on
the topic of my presentation topic, which i am going to convey in college.

Stop by my web site: Slim Helper Reviews

Anonymous said...

Awesome! Its actually awesome paragraph, I have got much
clear idea about from this piece of writing.

Also visit my blog ... Buy Ripped XL

Anonymous said...

I absolutely love your blog and find nearly all of your post's to be exactly what I'm looking for.
Do you offer guest writers to write content for you?
I wouldn't mind publishing a post or elaborating on a number of the subjects you write in relation to here. Again, awesome site!

Take a look at my page: pilates guide

Anonymous said...

I do not even understand how I stopped up here, but I thought this publish used to be great.
I do not know who you are however definitely you're going to a famous blogger in the event you are not already. Cheers!

Also visit my homepage: nitric power review

Anonymous said...

I don't know if it's just me or if everyone else experiencing problems with your
website. It appears like some of the text on your posts are running
off the screen. Can somebody else please comment and let me know if this is happening to them as well?
This could be a problem with my browser because
I've had this happen previously. Many thanks

My web-site - turbo force