Saturday, May 23, 2009

Blogging has become an activity which needsa trigger nowadays. The first reaction that I now have when I experience something triggering is to blog. These days have been giving many such triggers and finally I decided to atleast blog a bit.

Reading about China is always interesting. I am reading this book called China Witness written by a Chinese journalist settled in the West. It is a different take on the lost decades of China. The decades of the Cultural Revolution and the Great Leap. The basis of the book is ordinary people ordinary stories..but stories of determination in taking a nation forward, stories of self sacrifice, stories of simpleness and finding happiness in them, stories of vindication in the numerous purges....why reading about China is so interesting is because both India and China have undergone a lot. Years of oppression, inhouse corruption and a desire to do well. While both have tried the state approach, China stuck with it while India liberated. China too has liberated to an extent today and years of state monopoly and beauracratic monopoly has dogged both nations, yet they have moved on...taken leaps...some have been significant..some pale in comparision to small states like Israel. Both countries have abundant natural resources enough to take on the world...

Another interesting thing happened, Mr. Anand Mahindra was on the CNBC show in the US and they wanted to discuss the excellent response the stock market has given to the election results. The first couple of questions went well and Mr. Mahindra was quite optimist about the fact that not just Indians, even FII's have pumped in money in the Indian economy and how its good. Then came the bomber, typical of American ignorance of other nations. It was something like the beauracracy which holds Indian economy is a legacy of the British Rule!!! Over 60 years of Independance and still the US things we have a British hangover!!! Yes Indian beauracracy is holding us back in some way but is definitely not a British legacy! Its high time we take ownership of our own crap. Mr. Mahindra deftly defended the question by citing the progressive and positive role played by the same Indian beauracracy in handling the Satyam issue, but yet the issue remains...after all these leaps of developments China is a land of Kung Fu and India a land of British legacy! God save America!

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