My Ramblings about Everything except Technology
Tuesday, June 12, 2007
Will politics push India and China into financial crises?
Posted by Jobi George at 2:12 PM 0 comments
Wednesday, July 26, 2006
Myth of New India
This sounds persuasive as long as you don't know that Mr. Mittal, who lives in
In recent weeks,
There is, however, no denying many Indians their conviction that the 21st century will be the Indian Century just as the 20th was American. The exuberant self-confidence of a tiny Indian elite now increasingly infects the news media and foreign policy establishment in the
Encouraged by a powerful lobby of rich Indian-Americans who seek to expand their political influence within both their home and adopted countries, President Bush recently agreed to assist
It was not so long ago that
Looking for new friends and partners in a rapidly changing world, the Bush administration clearly hopes that
Nevertheless, there are much better reasons to expect that India will in fact vindicate the twin American ideals of free markets and democracy that neither Latin America nor post-communist countries — nor, indeed, Iraq — have fulfilled.
Since the early 1990's, when the Indian economy was liberalized,
Indian business tycoons are increasingly trying to control marquee names like Taittinger
But the increasingly common, business-centric view of
Nor is
Malnutrition affects half of all children in
Feeding on the resentment of those left behind by the urban-oriented economic growth, communist insurgencies (unrelated to
The potential for conflict — among castes as well as classes — also grows in urban areas, where
No labor-intensive manufacturing boom of the kind that powered the economic growth of almost every developed and developing country in the world has yet occurred in
For decades now,
Among the politicians whom voters rejected was Chandrababu Naidu, the technocratic chief minister of one of
But the anti-India insurgency in Kashmir, which has claimed some 80,000 lives in the last decade and a half, and the strength of violent communist militants across India, hint that regular elections may not be enough to contain the frustration and rage of millions of have-nots, or to shield them from the temptations of religious and ideological extremism.
Many serious problems confront
Pankaj Mishra is the author of "Temptations of the West: How to Be Modern in
Posted by Jobi George at 10:32 AM 0 comments
Friday, June 09, 2006
It's Hard Out There For... An Indian-American Chick-Lit Author?
It's Hard Out There For... An Indian-American Chick-Lit Author?
New America Media, Commentary, Sandip Roy, May 04, 2006
Editor's Note: When a 19-year-old Harvard student and novelist was accused of plagiarism recently, one fellow Indian-American felt strangely... relieved. Sandip Roy is an editor for New America Media and host of "UpFront," a NAM weekly radio program on KALW-91.7 FM, San Francisco.
SAN FRANCISCO--Dear Kaavya Viswanathan,
I know this must come as small consolation to you these days, as dreams of book deals, film projects and maybe even Ivy League futures seem to wither on the vine. But as one Indian-American to another, I say thank you. I have to confess to a sneaking sense of relief when Opal Mehta's life came crashing down around you. It's not schadenfreude. It's just this relief that finally we can fail, that we can screw up spectacularly and live to tell the tale.
Only we Indian-Americans know it's hard out there for an overachieving Indian-American. It was bad enough that we were the anointed model minority. (Did you know our median income is higher than any other ethnic group in the United States? That we have 200,000 millionaires and 41,000 doctors?) Now we are expected to excel at everything we do. We are the first-class first minority. "Doesn't anyone's kid ever come second in anything anymore?" wondered a friend bemusedly listening to a group of Indian mothers at a potluck.
It isn't just first-class first. It's first-class first at the first attempt. Jhumpa Lahiri writes her first book. It wins a Pulitzer. Arundhati Roy writes her first book and wins the Booker. Salman Rushdie wins the Booker of Bookers. When an Indian kid writes a good essay in school and brings it home, his fond aunt doesn't say, "Well done." She says, "Mark my words, my little nephew will win the Nobel Prize one day."
What was wrong with aiming first for the neighborhood Rotary club essay competition?
There's nothing wrong with a quest for excellence. And I kind of believe you, Kaavya, when you say you had a photographic memory. We do. I don't know whether its genetic or because we have to memorize so much history (the Guptas, the Mauryas, the Tughlaqs, the Khiljis, the Mughals, the Brits), but we do imbibe facts like pictures. We remember things. That's why we are so good at spelling bees.
I mean, we don't just win spelling bees. We do a clean sweep. Last year, all four finalists were our people. Our Bollywood actress Aishwariya Rai can't just be beautiful, she has to be the MOST beautiful woman in the whole world. That's why it was such a relief to see a stoner South Asian in that film "Harold and Kumar." Except Kumar wasn't just a pothead; when push came to shove he was also a medical whiz.
It would be funny, this race to the top, if it wasn't also a race to conformity. And it left very little room for someone who didn't fit into this shiny brown prototype. No battered wives, homosexuals (and other unmarried types) and illegal immigrants, please -- we are Indian Americans. When I quit working in a "goodjob" (for us it's always one word) in software programming to be a journalist, I imagined a kind of hush that could be sensed worldwide -- or at least all the way from my neighborhood in Calcutta to that yahoogroup for the alumni of my old college. "His poor mother," I could almost hear it say.
Your Opal's parents made master plans with handy acronyms for their progeny -- HOWGIH (How Opal Will Get Into Harvard) followed by HOWGAL (How Opal Will Get A Life). And you, Kaavya, wanted to write bestselling chick-lit about Opal and win the Booker and try investment banking. Why, Kaavya, why? We have over a billion Indians in the world. Why can't we leave some things for them to achieve? Instead we just keep setting the bar ever higher. When I was a kid and won prizes at school I would be sent over to the neighbors to display them on some kind of tacky victory tour. It was the most excruciating experience ever -- I felt like some wicked Red Riding Hood bearing grief rather than goodies. There I was bringing shiny trophies to display to the neighboring moms, who would then no doubt berate their less worthy children who had only managed to come in second in the English Grammar test.
But like a demented magpie I couldn't resist the lure of those shiny achievements. More, more, more, shinier, shinier, shinier. Then one year I almost flunked my mathematics exam. It was the best thing that could have happened to me. Paradise Lost. Earth Regained.
Dear Kaavya, it might not seem so now. But one day you might thank Opal Mehta for setting you free. Just call 1-800-HOWGAL-ASK (How Opal Will Get A Life -- And Save Kaavya).
Best Wishes,
Sandip
Posted by Jobi George at 9:23 AM 0 comments
Friday, August 19, 2005
Real Estate's Wall of Worry
Barry L. Ritholtz recently wrote a piece on Housing Bubble..
The way information moved in earlier times was lot slower than what today is. The mere fact that you are able to pick up on an obscure story of Bubble T-Shirt means that information flows faster and hence slows down the reaction time. The new media has also brought down the "Experts" from their Castle closer to the "Commoner" hence dissipating the value of their analysis faster and to wider audience.
It also created pseudo and obscure experts to the forefront which might explain the amount of "Housing Noise"
I think rational thinking proves that there is Housing Bubble only questions are about Why it is going up? How long this can last? I don't think we will be able to answer that till we are way past the bubble. Then we might gather together and certainly analyze the posts/blogs to see who and how many were right (Another powerful feature of this new media)
Posted by Jobi George at 10:24 AM 4 comments