Phenomenology of investments?-A A +A
Wednesday, August 28, 2013
THE Catholic Church celebrated one of its greatest feast days –- the feast days of St. Monica and St. Augustine. St Monica (August 27) was the pious mother of St. Augustine. Her petitions and prayers for the conversion of her son was answered. St. Augustine (Aug 28), a pagan who later became one of the “Fathers of the Church” is considered to be one of the greatest Saints. In fact, his conversion is observed in the Feast of the Saints. The conversions of St. Paul and that of St. Augustine are the only two that are observed in the Catholic Church.
A great mentor of mine once told me that for every 1 dollar investment made in the Philippines, the return of investment by the investors will not be lower than 4 dollars. This was said in the early ’90s. A decade later, the amount would have doubled. In short, for every dollar invested in the Philippines, the Capitalist earns an average of 8–10 dollars. See how economically feasible is our country.
This is the reason why a lot of foreign investors are eyeing the country and the Asean nations today. They are already too tired of the conflicts in the Middle East and the people there have understood that they are losing their resources to foreign investors and multinational and international organizations. Investors will not get anything from Europe for the economy is monopolized in that part of the world. US is not economically stable and has no resources for investments. Africa and Antarctica are not feasible for good investment. What is left are Asia and Australia.
We are expecting more investments in the country by the coming years. We have to prepare for this. We have to train the young people to fill in the human resource requirements of these investors. Schools should produce skilled workers and not analytical intellectuals or managers. Filipinos should be trained to answer the need for blue collar jobs. The Aquino administration has answered this need by adopting an educational system that will train us to become skilled workers and not professionals—the K to 12 program.
The enhanced basic education system (K to 12) is a foreign mechanism that would make us fit to the needs of the industry. We are made to believe that today schools are producing misfits and misaligned degree programs. Underemployment and unemployment abound because of the “mismatch.”
Wake up! Compare our people with the Americans, Europeans and even other Asians. We are far better. We know how to communicate with anyone. We know how to deal with anyone. We fit in any job. Look at the foreigners, most of them need us to feed and care for them. Most of them are not ready to face the harsh realities of their respective places. Why then do we have to change a system that has been working for us? Why do we have to satisfy the needs of foreign investors? They are the ones who need us and not us needing them. Let us stop licking their feet and it is time for us to demand from these investors! We have been exploited for so long a time.
One of the negative legacies we have from the foreigners is the presence of the “Pork barrel and other barrels.” They have taught our politicians how to make money out of the people. Look at our politicians, most of them have billions and millions on their accounts, while the Filipino people are suffering.
I agree with one politician present in Lagoon last Monday. He said that unless we stop the system purchasing vote and Comelec officials, the “pork” is here to stay and with a good-sounding name. This is a system where we had inherited from our “big brothers.” We become dishonest people in the name of service.
So, in this country, the investors will continue to oil up the politicians, the legislator, the judiciary and local officials to further their business and interests. In the end, the poor will remain poor and be used to further the cause of corporations and industries. The poor will be poor forever while the investors fatten their pockets and their bellies at the expense of the poor.
So, the Filipino pays for what the investors earn. We become poorer by the thousands as investors win. We should not be glad with the presence and the pouring in of investments.
Published in the Sun.Star Bacolod newspaper on August 29, 2013.