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Vol. XIX, No. 1
63
It is only through elimination which is most preferred or through reduction at the most that the element of social aberration through moral hazard can be tackled. Only application of good social and moral values system can be effected most effectively. The real fact is that we have always liked knowingly or unknowingly to plice the social and moral values system at the low profile, though it should be at the higher profile.
It is certain that in case the principles of social and moral values system are highlighted, even then we cannot expect cent percent good results. But definitely good results would be obtainable if the importance of social and moral values system is depicted at a higher padestal and oft-repeatedly (not merely once) which is not sufficicnt.
The man is such a system that it cannot be made the object of a cent percent research for total prediction of his real intentions or otherwise. It is some sort of a black-box which cannot be so easily, socially or otherwise, deciphered or de-codified, It is only the man who does not depose the complete truthful circumstances of the situation, rather he deposes half truths and half untruths. It is all within his domain, knowledge and competence to reveal out everything either truthfully or may suppress portion of his statement that we witness social aberrations, violence of many sorts, financial losses, loss of credibility, all these being attributed to the fall out of moral hazards.
It is and should be the sole responsibility of the man to depose possibly all truths in the first instance, in a voluntary manner and if it is so, the results would be very good and positive in nature and content, but unfortunately this never happens. The decodification of the black-box of an aeroplane can be very well effected, but the corres. ponding decodification of the man whom we just term as some sort of black-box cannot be done so easily. We can at best, assess and also take such measures by virtue of which, we may be in a position to get to know a good part of the missing links and suppressed information and
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