Thursday, March 3, 2016

Frankenstein monster

"If suffering brings wisdom, I would wish to be less wise."
— W. B. Yeats (Irish, 1865-1939)
Word for the day
Parapraxis (n)
A slip of the tongue or pen, forgetfulness, misplacement of objects, or other error thought to reveal unconscious wishes or attitudes.
Malice towards none
Will US finally have a woman president?
First random thought this morning
Inarguably there are serious gaps in government statistics. A large number of CSO data seems inconsistent, and incongruent with what we see on the ground. For example, manufacturing growth does not tally with IIP numbers, persistent decline in exports and lower railway freight tariff.
Besides, the current government has been changing the goal posts in some cases, e.g., change in the matrix for assessing economic growth.
Some may find it to be a cause for skepticism; or even cynicism. I do not care, as I know for sure that the inconsistencies and incongruence in data has been a very consistent feature of government statistics, since ever.

Frankenstein monster

Martin Wolf, in a recent article published in the Financial Times, launched a scathing attack on the leading Republican candidate, Donald Trump. The title of the article "Donald Trump embodies how great republics meet their end" sums up the narrative.
Wolf writes "Mr. Trump is a promoter of paranoid fantasies, a xenophobe and an ignoramus. His business consists of the erection of ugly monuments to his own vanity."
Wolf quotes Robert Kagan's argument to extend his assertion. Kagan, argued in a powerful column in The Washington Post, "Mr Trump is also the GOP’s Frankenstein monster. He is the monstrous result of the party’s wild obstructionism, its demonisation of political institutions, its flirtation with bigotry and its racially tinged derangement syndrome over President Barack Obama. We are supposed to believe that Trump’s legion of ‘angry’ people are angry about wage stagnation. No, they are angry about all the things Republicans have told them to be angry about these past seven-and-a-half years”.
Wolf, goes a step further - "This is not about the last seven-and-a-half years. These attitudes were to be seen in the 1990s, with the impeachment of President Bill Clinton. Indeed, they go back all the way to the party’s opportunistic response to the civil rights movement in the 1960s. Alas, they have become worse, not better, with time."
Wolf serves a reminder - "During the first century BC, the wealth of empire destabilised the Roman republic. In the end, Augustus, heir of the popular party, terminated the republic and installed himself as emperor. He did so by preserving all the forms of the republic, while he dispensed with their meaning."
Not that it matters to anyone, but I am in full agreement with Martin Wolf on this. While I am no fan of Ms. Clinton either, I believe Trump could be a disaster to the future of democracy itself. In fact in my view, Chinese and other communists would be praying for Trump's victory in November election. Because, that could potentially revive the dying legacy of Marx and revive a worker & farmer movement worldwide.
Conjecturing about the future of democracy apart, what made me read the article twice, was the stark similarity between GoPs of USA and India, the two largest democracies in the world.
If Donald Trump is the monstrous Frankenstein for the Republican Party of USA, our own Mr. Rahul Gandhi could very well be the Bhasmasur (Hindu mythological equivalent of Frankenstein) for the Congress Party.
Wolf further warns even if Trump fails to win GoP nomination, "An American Caesarism has now become flesh. It seems a worryingly real danger today. It could return again in future.
This warning in my view may be true for India also.

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