Article: Riots in Bangladesh
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OF RIOTS IN BANGLADESH AND RIOTS IN THE UK AND OF MARAUDING INVISIBLE ELEPHANTS
In Bangladesh it is said that the rioting is because of unfair job quota in favour of government party supporters. The youth wing of the then ruling party and the police killed a number of the students rioting.
The PM Sheikh Hasina, the daughter of the founder of Awami League Party has fled the country and the army has taken over, in conjunction though, with the other political parties, bar the Awami League.
The Country is calming down and we await whether the problem is really gone and there are solutions that can be implemented.
In the UK the people are also rioting. It has a taken on the features of a racial riot by English youth of a certain inclination against anyone that looks African, Asian or generally, foreign.
The instigation was a stabbing of three young girls in a dance class by a teenager local resident that came from Rwanda, who was actually a Christian.
Certain local ‘more English’ citizens immediately started to blame Muslims for the killing and went on a rampage, including stabbing innocent people thereof, against all people that looks foreign to them, in several towns in the UK.
We all know there was an agent provocateur of a completely different fight taking the opportunity to mislead the mob that the killer was a Muslim. And we know there is an inherent racism in a certain portion of the population in the UK waiting to peer its ugly head at the smallest opportunity, a fact known also to the provocateur.
So those are the facts that led to the riot in Bangladesh and the riot in the UK. One because of unfair job quotas ; the other quite racial in origin, basically “lets stab and rampage before we check the truth”.
The question we need to ask is, are there other factors that prepared to boiling point, these people to go on the rampage at the slightest excuse, at the drop of a coin.
As far as Bangladesh is concerned, these are the numbers we have to digest. There are almost 5 million people unemployed, including almost 1 million graduates. Food inflation in Bangladesh is 10.22% pa. 63.7 million people live in extreme poverty. The wealthiest 40% owns 41% of national wealth whilst the poorest 10% owns only 1.3% of national wealth.
In the UK there are 13.4 million people living in poverty, 1.53 million unemployed including 483,000 youths. Inflation rate reached 9.1% pa whilst energy inflation once reached 59% pa. Value of the banking industry is one fifth of the national income. The four top banks in UK makes GBP44.3 billion profits per year. Richest 16% owns 43% of national wealth and poorest 50% owns only 9% of national wealth.
We know the usual Englishmen and women we met are generally moderate and even loveable people, but unemployed youths depressed by economic stress, constantly fed on the historical greatness of England, has low tolerance and too quick to find scapegoats for their troubles. They loved history and are so engrossed in history they still talk about the 1966 World Cup Win as if it was yesterday.
The point is, a fundamentally wrong economic and money system drives suffering people to the boil at the slightest of excuse.
We wonder if ignoring major economic and money reforms can solve the problems in Bangladesh and the UK. Monetary Reformers are getting very concerned about the marauding and unchecked hordes of invisible elephants in the world today.
The world must learn to recognize, realise, address, take on and reform the existing monetary system before they can hope to solve any other problem.
Zahid Aziz,
Movement for Monetary Justice, Malaysia.
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Dikemaskini [Updated]: Sam Ahmad 20240819