The Common Man's Burden - Goswami, Shankha Shubhra; Sahoo, Sushil Kumar
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In The Common Man's Burden: Understanding Black Money's Impact on Society, the intricate and pervasive issue of black money is explored through the lens of its devastating effects on ordinary citizens. This book demystifies the concept of illicit wealth, tracing its origins, mechanisms, and far-reaching implications for economies, governance, and societal well-being. The narrative begins by delving into the nature of black money, uncovering its roots in tax evasion, corruption, and money laundering. The author paints a vivid picture of how these illicit activities create a shadow economy that…mehr

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In The Common Man's Burden: Understanding Black Money's Impact on Society, the intricate and pervasive issue of black money is explored through the lens of its devastating effects on ordinary citizens. This book demystifies the concept of illicit wealth, tracing its origins, mechanisms, and far-reaching implications for economies, governance, and societal well-being. The narrative begins by delving into the nature of black money, uncovering its roots in tax evasion, corruption, and money laundering. The author paints a vivid picture of how these illicit activities create a shadow economy that undermines public institutions and erodes trust in systems meant to serve the people. The book highlights the plight of the common man-workers, small business owners, and marginalized groups-who bear the brunt of the burden. Rising inflation, inadequate public services, and growing income disparities are shown as direct consequences of black money's pervasive grip on society. With case studies from both developed and developing nations, the author illustrates how this hidden wealth amplifies inequality, distorts economic priorities, and stifles opportunities for the underprivileged. While addressing the challenges, The Common Man's Burden also offers hope. It outlines strategies for tackling the black money menace, including stricter financial regulations, enhanced transparency, and public accountability. Drawing on global best practices, the book presents actionable solutions for creating equitable systems that prioritize the welfare of the majority over the interests of a select few. With a mix of compelling data, real-life stories, and incisive analysis, this book serves as both a wake-up call and a guide for policymakers, academics, and citizens. The Common Man's Burden is a poignant reminder that eradicating the scourge of black money is not just an economic necessity but a moral imperative to ensure a just and equitable society for all.
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