Economic Progress is the Standard of Social Progress

Dr. Baljit Singh 

Economists study the economic arguments for economic, social, health, and demographic progress in terms of income that facilitates spending on goods and services.

Without income, life can become difficult even for small families, leading to social discrimination and low self-esteem in both children and adults. It can also lead to silence, submission, and depression, which can lead to anxiety, sleep disturbance, and self-harm intentions.

Nobel Laureate, Gary Stanley Becker (1930-2014) suggests that school-going kids become better earners through education.

Likewise, Prof. Caldwell (1968-2016), Australian Demographer suggests that education leads to economic progress where parents do not expect income from their children rather parents have enough to spend on their child’s education.

Education creates private and social externalities, enabling people not only to have income to spend on them, but also on their family. In addition, educated people become the subjects of social peace, thereby bringing about social harmony.

Due to their upbringing and devotion to education they are a tolerant person, which also applies to the society in which they live, but they are aware of the development needed for economic and social progress.  

It is not only the amount of income that determines income, but also living conditions. For example, strikes, demonstrations, high levels of road congestion, and traffic violations can all result in jobs and income being hindered.

Lawlessness and chaos exacerbate these problems, making it difficult for daily wage earners to support their families without work.

Who do you want to be? Who is your idol – a film star, a doctor, a politician, an educationist and so on? We may think of doctors, nurses, engineers as playing important roles in economic and social progress, but an ordinary person in your neighbourhood saving a life during a riot is a contribution to the social well-being of the person and the community.

Investments in social cohesion also come from economic progress where citizens go to work and have no time to engage in socially destructive activities. It is important that colleges and universities educate students about the social cohesion that is important to passing the test of citizenship.

Putting people into productive work brings peace and security to everyone in society, because no one can engage in activities that disrupt society. This is the criteria for reaching the first place in the social progress index.

Civil society can lead to better social and economic progress. Graffiti, vandalism, roads, sanitation, buildings, infrastructure all hint at the truth of the matter. But there’s more to economic disparity –power of wealth and resources on the one hand and misfortune due to economic and social misery on the other.

In some countries there may be more social equality (no religious and cultural discrimination) but they’re could be equity issues, which are based on fairness.

Education gets us to high-paid jobs sufficient to suggest low-paid workers may not satisfy their minimum needs as one of the criteria of social progress index resulting in unbalances in other social index criteria such as health and wellness or participating in social vices as a result.

It must be recognised that the benefits of treating lung cancer in smokers far outweigh the benefits of treating lung cancer in non-smokers. This is because an extra dollar benefits the poor much more than it does the rich.

The importance of the implication is that even the lives of the poor matter to families in times of riot, genocide, war or accidents.

For any governance, it is vital to know, how many people have given up on life – employment and income, health, and general well-being in their region? How many people live in loneliness? How many people face offensive language and attitudes? Do we have more legal cases?

How many intellectuals have asked about your welfare? How many people are using the tiniest of national resources – water, electricity, gasoline, health, leisure, etc.? Where do we get this information from? We can start with our constituency to see who is living how? 

The principle of inclusivity also applies to those who are out of sight and out of mind. Some might have begun to live their lives as it comes perhaps in God’s venture.

Activities such as travel and excursions, dining, concerts and games, gyms, public schools, and tutoring, healthcare, cars, and housing remain luxuries in the developed world. How do we measure the suppression of a person who let go things as it is out of his reach is important to find out.

Leadership is about knowing where some people are living right now before an election. Some people have reached the point where they cannot speak, but some people can speak for them.

Do the undercover bosses have their own appraisals of how society is progressing? Why did he say he was afraid to live in the area? Law and order are still best for law-abiding citizens. 

Governments must look at all individuals passionately. There are many families who are not doing well financially, but their lives are full of hope. When peace exists, it is important not to destroy it, because it destroys the economic system that improves life.


Views are personal.