Sunday Posts

India loves global kudos: They were credulous that their Prime Minister was declared by the United Nations the best Prime Minister in the world only recently. Therefore, I believe that the honour of being the world's most neo-liberal country would be received with enthusiasm.  Of course, this honour had to be hard-won. The standards set by United States and United Kingdom are high. India joined the bandwagon early, of course, signing up to go down the road early in the 1990s, but it only took a lot of hard work of dismantling institutions and buying up the democracy to finally arrive at the billionnaire raj. While other nations had to tread with stealth, careful not to completely wreck the modern social contract their nations are based upon, India was bold, cheered on by its middle class - which hoped to be a beneficiary - and went about marginalising minorities, steamrolling the environment and tearing up constitutional protections in a breakneck speed. All in the name of developm...

I wrote a post yesterday on the 'crisis' of the Indian IT industry . My essential point in this was that while the Indian media sees a sudden crisis in the Indian IT sector and summarily blaming it on Trump, the problems were simmering for a long time and blaming it on Trump Administration's current or intended policies would be mistaken. And, besides, while a number of observers - Rajat Gupta, formerly of McKinsey fame (and Galleon infamy), being the latest - blame the leadership of Indian IT companies for lack of vision and inaction, I thought this was unfair, it was hard to change business models for mammoth publicly listed companies: In fact, this is exactly what these companies are trying to do, triggering all the crisis talk. However, all this don't point to a solution, which some reading the post pointed out. To this, I do not think there is any silver bullet. Many, Rajat Gupta included, have spoken about educational change, but that is neither short term n...

I stopped reading The Economist, and that makes my weekends somewhat free. For fifteen years, since the time I first left India and went on to live in Dhaka, fetching it from the shop and reading it from cover to cover was part of my Friday routine. There were early disappointments - such as its blood-curdling advocacy of the Iraq War, which clearly exposed its Western bias - but it was one essential viewpoint that I needed to understand the world.  However, I increasingly found it disagreeable for its fundamentalist approach towards Free Markets. This is not a political left / right thing. Though I am openly delighted by the election of Jeremy Corbyn as the Labour leader, who I consider to be a vast improvement over the careerist politicians we see all around (alas, one of my favourite writers, Tristram Hunt, turned out to be one of them), I would like to think that I support free markets if they are really free. These are indeed my points of agreement with The Economist - w...