Books; People; Ideas : These are few of my favourite things. As I live between day-to-day compromises and change-the-world aspirations, this is the chronicle of my journey, full of moments of occasional despair and opportune discoveries, of connections and creations, and, most of all, my quest of knowledge as conversations.
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India's employment crisis
An infographic in Indian media
India's unemployment rate has reached a historical high and the government is panicking. It has rejected and suppressed the report and committed itself to inventing a new set of numbers. Members of the national statistical body have resigned, and the bad job numbers have become one of the worst kept secrets in its modern history.
As the government went down the road of obfuscation, it had also fooled itself believing that everything was fine. Once the statistical reports were questioned, the best explanation that the Head of the apex economic policy-making body could come up with was that Uber and other taxi-hailing companies have created millions of jobs in India. But then, the crisis is anything but hidden - walk on any street in any neighbourhood in any Indian city, and it is likely that you will see a few working-age people loitering, waiting or playing cards or carom in the middle of the day. IMF has recently warned that youth inactivity in India is highest among all developing economies (see here) and this has the making of a huge crisis.
Indeed, as Rutger Bregman would argue, going by its root word, crisis should signify a point of departure. But this is not the case in India, as no one is really looking to change anything - and hence, the right word may indeed be 'coma', a deep dreamless sleep. The youth inactivity is somewhat encouraged by various political parties across India and the some state governments have even made it a point to make annual grants to local youth associations, encouraging mid-day television watching or card plays against political volunteering at the time of elections. While this has resulted in, as expected, different kinds of social problems - drug abuse, mistreatment of women, petty crimes and cow vigilantism - the political advantage of unemployment has been cynically exploited by all political parties in India.
And, not just that: The Indian middle classes, the key beneficiaries of globalisation, worked as 'Dream Hoarders', cornering government benefits and social infrastructure for their own benefit and to exclude everyone else. Unlike an 'emerging' economy - the world of 'white tigers' - social mobility in India has become more difficult. The deterioration of public education, proliferation of bad colleges, predatory health care system and poor quality jobs have all contributed to closing of the gates of opportunity, rather than opening it.
The current situation is indeed a far cry from the enthusiastic portrayal of development made in 2014, when Prime Minister Modi came to power. So much has changed since those heady days, when India was to become the magnet of foreign investment and the manufacturing capital of the world, dethroning China. Part of it is inept handling of the economy: An ailing Finance Minister who meddled freely with the Central Bank ran the economy to the ground. Part of it is self-inflicted: Narendra Modi's politically motivated demonetisation was the price the Indian economy had to pay for his ambition to dominate the Indian politics. But much of it is a failure of strategy - the Indian government was sleepwalking into disaster and have no idea how to get the youth back to work.
With another election around the corner, the Government is in no mood to do critical analysis of what has gone wrong. Instead of substantive conversations, its strategy is bluster - the beating up of Pakistan hoping that it would translate into votes. Every month the government - in fact, governments, as the governments of various Indian states are equally responsible - sleeps on the job though, India is adding more than a million people to the army of job-seekers. Its demographic dividend is quickly turning into a demographic disaster.
In more ways than one, this Indian problem is also a global problem. Young Indians are a significant part of the 'out of poverty' claim that globalisation's advocates make. Indians are also one of the staunchest supporters of the Globalisation 90s style, not surprising as they indeed have been its major beneficiary. However, one could argue that India's current troubles are direct outcomes of its premature liberalisation, its very success in global service industry before the social and infrastructural issues were sorted out. India's education is a mess, and while the country's rulers may have expected that economic prosperity would lift its standards, poor educational attainment of Indian workers have become a significant barrier to productivity growth and moving up the global value chain. Its efforts to simplify red tape - with its focus on Ease of Doing Business rankings - only meant big companies could crush small companies and lax environmental control gives its cities one of worst air qualities in the world. And, finally, its IT services industry, successful as it is, crowded out other industries and enterprises which would have had longer term impact. In summary, unless the unemployment problems are quickly solved, India promises to be the ultimate basket case of neo-liberal economics.
The government has tried to deal with this complete failure of neo-liberal economics with a greater dose of neo-liberal economics. Therefore, it has started distributing free money to create 'incubators', with a teary-eyed dream of creating 'Start-up India'. This has had predictable outcomes: This has become another conduit to make the rich richer, and poor poorer. There are more incubators than start-ups in India, as they represent an additional source of rent for the college owners with empty classrooms. Similarly, its abysmally inefficient, poorly planned efforts of skills training has gone nowhere, becoming another source of corruption and cronyism and not the path of redemption it was once touted to be. These failures, however, are also evidence of limitations of neo-liberal thinking: That start-ups don't appear out of thin air because the government has said so, people don't become skilled because centres have opened.
Finally, then, it's quite dire without any clear answers. So, it's best to conclude with a question. When Soviet Union succumbed under the dead-weight of its demography, we celebrated the death of communism. As India heads to general chaos and unrest, and perhaps even a war, as its muddle-headed leaders bring the genie out of the bottle all too often, it's worth asking this question: What's at stake here? If India fails to emerge, and if globalisation has made even one of its direct beneficiaries so miserable, what's got to give?
A friend has recently forwarded me a quote from Lord Macaulay's speech in the British Parliament on 2nd February 1835. I reproduce the quote below: "I have traveled across the length and breadth of India and I have not seen one person who is a beggar, who is a thief. Such wealth I have seen in this country, such high moral values, people of such calibre, that I do not think we would ever conquer this country, unless we break the very backbone of this nation, which is her spiritual and cultural heritage, and, therefore, I propose that we replace her old and ancient education system, her culture, for if the Indians think that all that is foreign and English is good and greater than their own, they will lose their self-esteem, their native self-culture and they will become what we want them, a truly dominated nation."
The email requested me to forward me to every indian I know. I was tempted, but there were two oddities about this quote. First, the language, which appeared …
Business gift giving has always been common and contentious at the same time. Business gifts are usually seen as an ‘advertising, sales promotion and marketing communication medium’ (Cooper etal, 1991). Arunthanesetal (1994) points out that such gifting is practised usually for three reasons: (a) in appreciation for past client relationships, placing a new order, referrals to other clients, etc.; (b) in the hopes of creating a positive, first impression which might help to establish an initial business relationship; and (c) giving may be perceived as a quid Pro quo (i.e. returning a favour or expecting a favour in return for something).
The practitioners of gift-giving generally argue that doing business is often an aggregation of personal interactions and relationships, and gift-giving should be seen as a natural way of maintaining and enhancing these relationships. ‘Business gifts, especially one given in the course of the festive season, is …
In most societies today, making profits are accepted as moral, if not especially praiseworthy. This was not as obvious as it appears today – people used to be embarrassed about making a profit not so long ago.
Crazy as it seems today, it is worth thinking why it was so.
Profits, as economists will put it, is the reward for risk-taking, for putting a business enterprise together in the pursuit of an objective. In this definition, remember, profits are not what it is commonly understood to be – the gross middle-line towards the bottom – but a figure net of entrepreneur’s earning [wages for his labour], dividends and interests on borrowed capital, and provisions for building and other physical assets [a sort of rent, offsetting what these assets could have earned if leased out]. This pure profit – surplus – accrues to a business as a reward to its organisation, for the act of entrepreneurship itself.
Economists were divided on how this surplus comes about. The conventional wisdom was, as I …
Buzzwords have disadvantages. Right now, experiential learning is one, and that means we put the label on everything and it stops to mean anything. Also, this means reasonable conversation about experiential learning becomes difficult - at times such as this, either you preach experiential learning or you are traditional, antiquarian and hopelessly out of touch.
But, overlooking the limitations of experiential learning can cause big problems. Experiential Learning does many things - putting practice at the heart of learning is an important paradigm shift - but not everything, and it is important to be aware what it does not do.
Usually, we equate the terms Project-based Learning (the method) with Experiential Learning (the idea) and Learning from Experience (the ideal), treating them as one and the same and using the terms interchangeably. Any talk about distinctive meaning of these terms is usually seen as pedantic, but really represent very different ideas about education.
Erna Petri née Kürbs, a farmer’s daughter from Herressen in Thuringia, arrived in Ukraine with her three year old son to join her husband Horst in June 1942. Horst, an SS leader inspired by Nazi ideologue Dr Richard Walter Darré, settled in the plantation of Grzenda, just outside today’s Lviv, to become a German Gentleman-Farmer. Erna saw Horst beating and abusing the workers in the plantation within two days of arriving there, which was, as Horst explained, necessary for establishing authority. Erna joined in enthusiastically, settling into a combination of roles of ‘plantation mistress, prairie Madonna in apron-covered dress lording over slave labourers, infant-carrying, gun-wielding Hausfrau.’ However, there were clear rules in the plantation, and Erna was very much expected to play the woman’s role of being a Cake-and-Coffee hostess. When four Jews were caught in the estate while trying to escape from a transport to a death camp, Horst told Erna and her female guest…
A week into lockdown and things are beginning to change. Mornings are late, afternoons are lazier and evenings never end; meditations are filling out the time for Yoga routines and Netflix profiles are strewn with half-finished movies. This state-mandated, state-funded period of idleness is being likened to being called up to serve, but is nothing like that: Such a comparison is really an affront to the idea of service. Instead, this is just one long streak of panic; of the centre not holding and life not going on as usual. With the usual patterns and rules in suspended animation and business talk - and business - being rendered meaningless, space is opening up for unusual questions: Is Capitalism about to end? Is this the death of globalisation? Does it get uglier from here?
My grandfather's generation would have scoffed at us. They saw through wars and pandemics. But, in fairness, we haven't had a life-ending crisis of our own. Notwithstanding the experiences of those Liby…
The ‘Why’ Question? Adolf Hitler was appointed the German Chancellor by President Von Hindenburg on 30th January 1933. This was an extraordinary turn of events. Previously, President Von Hindenburg consistently refused to appoint Hitler the Chancellor, despite the impressive electoral performance of NSDAP in July 1932, Hitler’s uncompromising demand of the Chancellor’s post and a repeat election in November 1932 which failed to break the deadlock. Explaining his refusal, Hindenburg wrote in a letter on 24th November, “a presidential cabinet led by you would develop necessarily into a party dictatorship with all its consequences for an extraordinary accentuation of the conflicts in the German people.” The question ‘why’ Hitler was appointed Chancellor, despite the President being acutely aware of what might follow, is therefore a significant one. The NSDAP had election successes throughout 1932, and was already the biggest single party in the Reichstag and various Landtags across the cou…
Today, Helen Goddard, 26, a highly popular music teacher of a City School for Girls, has been sentenced to 15 months in prison.
Her crime was to carry out a year long lesbian affair with one of her pupils, who appeared in the court and admitted that the affair was consensual and it was she who pressured Helen into the affair.
For Helen, a bright musician and a devout Chistian, this is an extraordinary lapse of judgement. Also, she was teaching in the £13,000 private girls only school in London. She was surely aware what the consequences of her action will be. The fact that she still could not stop herself tells us that lovers do not always act rationally, something we always knew.
There is more in this affair than personal tragedies. For a start, this has all the dramatic elements: a bright, beautiful teacher more in Julia Roberts mould [as in Mona Lisa Smile], a stiff upper lip school [not unlike Wellesley] and a story like Notes On A Scandal with an added twist. Indeed, Helen was gui…
History is the result of human actions, but not of human design, wrote Friedrich Von Hayek.
‘Brexit’ bears that out. Globalisation was not supposed to go backward. The Lisbon Treaty of 2007 included Article 50, the option to exit. But that was never meant to be invoked. The British politicians demanded it to sell the treaty at home, but it was always assumed that once done, the British public would always stop at ‘we can go but why should we’ thought.
But 2015 was not 2007. A lot changed, and three things, in particular, wrecked that cosy assumption.
The First and the most obvious one is immigration. The expansive Blair-Bush foreign policy encouraged the EU to expand East and Southwards, adding 10 new countries in 2004. Free movement rights into Britain for the citizens of the new member states sent in, against the plan for a few thousand, a million new migrants.
The second – and the most painful – factor was the 2008 recession. Yet it’s the aftermath that mattered more. As the gove…
The Creativity ImperativeBusinesses today consider creativity of their staff as a critical, possibly the most critical, factor for their ongoing survival. This is because the environment, political, social and commercial, has become so fluid; as Yogi Berra put it, “the future isn’t what it used to be”. Constant change, demanding and more aware customers and citizens, rapid information dissemination through new technologies of information and communication, and intense competitive and regulatory pressures, are pushing companies and people who work for them to innovate and adapt continuously.Set in this context, employee creativity has a whole new meaning. It is traditionally understood as people thinking about products and services, which did not exist before, or tweaking and improving the existing ones. Competitive pressures add to this creativity imperative. Information is fast and cheap, and communication technology is driving the costs of production and distribution constantly. Bes…