Every country runs several welfare programs and schemes still it is seen in large number of countries the poverty is not getting reduced but instead rising . The gap between rich and poor is widening and wealth is getting concentrated. The politicians prime interest seems to be not service of society and welfare but regaining and remaining in power and for which lot of money and muscle is needed. The perquisites given to politicians and bureaucrats are several times more than the per capita income of citizens. There are fundamental structural defects in management of primary economic activities like agriculture and distribution of agriculture products. It seems theories of economics does not work on ground and look good in books. It is need of time to fundamentally alter the political and economic systems in countries and on global level. There are too many association, institutions and welfare organizations who conduct only meeting with little results on grounds. There looks to be strong nexus between capitalist politicians and bureaucrats. Can we identify some basic strategies to ameliorate the situation. The existing social and political systems are failures. A cursory look at various conflicts going on in several country points to possible sponsoring of terrorism and unrest by this powerful political capitalist nexus. After all who is beneficiary of so called religious terrorism and violence ?