Tuesday, March 4, 2014

Utopia: The economic problem


Thought for the day

“All the people like us are we, and everyone else is They.”

-          Rudyard Kipling (English, 1865-1936)

Word for the day

Epitome (n)

A person or thing that is typical of or possesses to a high degree the features of a whole class.

(Source: Dictionary.com)

Teaser for the day

AAP party leaders always talk about “changing the system”.

Do they mean to change the same “system” that allows a rookie like Arvind Kejriwal to become chief minister of a state; and allows a common man to hurl explicit abuses at almost everyone not publically supporting AAP?

Utopia: The economic problem


Have you ever wondered:

·         Despite having a rich culinary tradition for centuries, millions of connoisseurs, and thousands of great eateries – why we could not create a McDonald, Dominos or Pizza Hut in India?

·         Despite having over 2000yrs of rich tradition of fashion, fabric manufacturing, dress designing and abundant raw material availability why no Indian textile or fashion brands figures prominently in global fashion and textile industry?

·         Coke quit India in 1977-78, leaving behind all manufacturing facilities, customers with taste for soda based drinks, distribution and marketing channel and sales infrastructure. For 14yrs Indian manufacturers had no competition whatsoever, till Pepsi and Coke re-entered India. Why did Campa cola, Parle and Duke not survive the competition from Pepsi and Coke even for a decade?

·         Despite being one of the oldest civilization, tradition of living and networking in communities, spending considerable time in chaupals and doing Adda till late night, availability of tremendous IT skills – no Indian thought of creating Facebook – an e-chaupal with over US$150bn in market cap.

·         Despite slavery of many centuries, why we still depend on those very foreigners for supply of equipment, arms and ammunition for our armed forces?

·         Why failing to win an Olympic gold medal is a subject of national shame; failing to get nomination in Oscars is subject of national disappointment, but not getting a single Nobel for mathematics, science or literature post independence does not evoke any regrets or discussion? Remember, we always proudly claim ourselves to be pioneers in the fields of mathematics, physics, astrophysics, metallurgical and medical sciences etc.

·         Why we derive pride from the success of emigrated Indians who have taken foreign citizenship?

·         Despite being the largest producer of milk, and huge surplus food grain stock, why India is bracketed with some poorest third world countries in terms of child malnutrition?

·         Why an average Indian male feels proud in being sexist when our religion, culture, and traditions propound supremacy of feminine power (The Mother Supreme)?

·         Why an average Indian feels proud in being racist when our religion, culture, and traditions preach universality of human (Vasudeva Kutumbakam)?

These are some of the inquisitions that help us in understanding the economic behavior of Indian population and also highlight the contours of our economic problem…to continue tomorrow
 
Earlier in this series:
 
 

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