Monday, February 12, 2018

Economists may differ , their forecast may make astrologers look good and yet they must interpret keeping the interest of the common good

The following passage appears in my forthcoming volume on From Marx to Market
What's the purpose of reviews and comments while they are available in abundance by eminent professional experts? Proliferation of comments and criticism are called for, as they essentially arouse and excite besides illuminating some hard economic truth. There are certain facts we need to know if we are to understand and appreciate properly and objectively about the success areas and failure zones of reform period. A critic by his selective discourse, some passing reference to long forgotten passage or phrase might offer an imaginative and speculative reconstruction of reality, though an unbiased picture of economic truth will be as rare as durable peace on the desert soil of Arab world.and several other pockets
         
          The embarrassing question however is how far can critical comments and constructive criticism, inclusive of creative appreciation go? Where does interpretation end and nonsense begin? Why is one interpretation hailed, while others get brick bat? Eventually, it boils down to one's own intellectual training, ideology, quality of knowledge and sense of perception towards society, while examining economic issues which really touch the lives of millions of people with all social ramifications.

Market led economic order did not check corruption ..Modi could fool the people that he could.and come back to power

From the excerpts of the critique of Manmohanamics the ideology which  wrought fiscal revolution....... 
 During the crucial transition period of late 60s and early 70s, the influence of political power brokers grew immensely and the collusive oligopoly started flowering between politicians and bureaucracy. Licenses and quotas conferred windfall gains to this coalition. Later, Business men and police jumped into the bandwagon of corruption. Majority of the people in the executive wing realised that it was futile to swim against the current and it was better and wiser to build financial empire and thus there was a natural and normal process of the evolution of a corrupt regime, linking politicians and bureaucracy and the resulting accumulation of personal wealth by these rogue individuals got recycled back  to overseas bank account.
Everyone expected that , unleashing of harsh market forces  and dismantling of  exchange control regime and massive privatisation programmes would ultimately check corruption , put the economy on a fast development track and that market friendly policies and programmes will eventually promote the common good of the majority freed from the interference of the Government. But alas! the nexus between crime, business and politics- all leading to massive corruption has become so tightly linked now in the market driven economic has order and only under the intervention of Supreme court, big time corruption has come to the surface and also a prolonged battle has to be waged by civil groups through Public Interest Litigation (PIL) to bring them to light. The much infamous  2G Spectrum and Common Wealth Games scandals may have been the symptom of massive corruption but still they are only, a tip of the iceberg and absolutely there is no commitment or willingness by the Government to unravel the black money and repatriate it from overseas banks accounts 

(It has done one thing for the tea vendor turned chief minister to  become the PM of the country  by the slogan that he will bring out the black money  and root out corruption He told he will put 15 lakhs into individual bank account  OH  my fellow true Indians  sorry  anti Indians  i am fedup and tired about the direction of my country.).Economics cannot work unless there is basic governance. 

Market cannot work unless there is a set of social norms. Nothing can work if politics continually outsmarts economics and even at a global level there is no major power to play the role of an anchor with tremendous moral authority to punish the rouge national economies. 
My dear PM be happy  you do whatever you like  clowns in TN will make your party to get deposit I predicted hung assembly in 2014  but your magic  sorry God's will operated you won and got into drunken Monkey mood and did something dramatic which no sane individual could ever  think of   Now you beg that you should not be judged by that...If the opposition remains disunited and the congress does not have the strategy to collar you sufficiently  you will be the great leader of 21 st century and do one more demonetisation as a factory in Bangla Desh has printed your notes and we do not know the branch offices...


Monday, January 29, 2018

jan26-the date and debate Let the centre realise its responsibility in governing sensibly and treat all regions with respect

Republic Day and Independence Day are not just events for the leaders to come in colourful attires and deliver some stupid address in a well protected glass chamber.That is the time to have a deep self introspection on the society ,ecosystem and the need for social and communal harmony..Here in South Australia on their Australian Day there were demonstrations by the indigenous populace and good discussion followed on the social media.There is room for debate and discussion; on the positive side there is 24 hours water supply by tap both cold water and hot water  and power supply is for 24x7.

Just contrast with the situation in great Bharat..For how long we will allow the diesel driven lorry to carry water and trade in river and water?why the hell the centre is not bothered to assist the highest court of the land to resolve cauvery issue and keep it alive for electoral consideration?It was possible to take a trip to Melbourne from Adelaide in a toll free road just imagine how much you will shell out from travelling from chennai to Kanyakumari?Bus-fare hike is unprecedented in history and the amount  traded in R K NAGAR by election in the last one year will be the highest in any part of the world.Why no action has been taken  against the culprits involved  in the distribution of the money?

Now a child in the mother's womb knows the consequences of the devastating effect of hydro carbon schemes on land water jobs and environment and why the insensitive federal govt and its puppet the corrupt govt running by back door are keen in fomenting trouble?do they think that Tamil and Tamil region can be just bulldozed.Do they want TN to be part of India or expect India to go the Russian way?

Why vairamuthu issue is blown out of proportion?How much mischief did they unleash against  Jallikattu last year?Federal govt is intimidating and terrorising Tamil population and shows they are scared of the intellectual and spiritual strength of this region.We know that politics is the last resort of scoundrels  and a time will come when it will be chosen as the first stick to beat the rascalised criminals polluting our political fabric  by the youth of India   replace all the bloody slogans by one line  India is not for sale   crooks and corrupt cannot wield power for long  

Jan 26- the date and debate ;will there be any renaissance for Tamils? will good prevail over the bad?

There is resurgence of Tamil identity in the recent times close on the heels of onslaught by the BJP government in wounding and offending the sensibilities of Tamils and the Tamil region.I will not blame that party alone for this existential dilemma .The Dravidian parties are to be condemned squarely for their greed, avarice ,and money making madness which led to many bandicoots to take shelter under the wings of BJP to protect their ill gotten wealth.Demonetisation came at the right time to facilitate this transition  process and  exchange of notes.To use the analogy of economics, there is perfect collusive oligopoly among the factions of the ruling party in TN and the MODI led central government.The entire solar system and beyond it has smelled it.There is no sense of shame or moral fibre to clothe their physical frame because they are successfully thriving on the slogan of rooting out black money while actually having honey moon with the criminal elements.The administration is soaked in corruption  and enforcement agencies have not gone beyond the stage A- the first initial step...Searches are mostly of intimidation and god alone knows when the corrupt ministers will go to prison as permanent residents...they are confident that people can be fooled perpetually for long with freebies.Too many parties  too much of money , black money at home and abroad, too many links with big political bigwigs -oh God politics has become a high profile lucrative business than ever before,

To add insult to the injury  to Tamil identity Rajini factor has emerged and this clownish  actor wants to sit on CM chair just like that as if it is another kabali movie..The other actor backed by Bigboss event popularity and occasional tweets thinks that he can add his own confusion.It is not clear to me to what extent these two actors have been brought as proxy variable.

There are a lot of Tamil groups raising relevant issues and articulating them and a quite a few are forthright in unmasking the real face of  BJP and destructive impact on Tamil and Tamilians.

Politics has become a business mostly a family enterprise now .Cine actors also want to have claim over this domain as if it is their  territory and Tamil fools do not have better alternative...

Karunanidhi and Jayalalitha have done a great damage by running a corrupt regime for ages  and all the cosmic forces will put them under fire for ages.one is gone for her peace with all humiliation and insults from close friend and other is indisposed unable to speak.Regardless of your faith- believer or non believer   there is law of nature ,sheer physics and chemistry  and that will operate.

Finally there is media of all shades and colour fishing in troubled waters championing a particular group expecting a great fortune at a distant future
When Gresham law is fully entrenched   bad driving good from circulation and God is comfortably sleeping in heaven rowdy elements will get all the boost and that is the secret of energy in the political arena.
It is easy to get consolation by watching  Vellaikaran Movie that workers understand consumers interest and that the capitalist cannot take the loyalty of workers for granted ....In the real world of politics good people are scattered  they can not muster the required votes I am really worried that governance is going to be a tricky issue and the political sky is cloudy and clumsy.  

Friday, January 26, 2018

January 26 -The date and debate in the context of united states of India which is now reduced to Hindia

The most shocking tragedy of our troubled times is that the state has become more insensitive and indifferent to people's suffering and their concern for job and health ,water and the environment.The state has abandoned the elementary responsibility and progressively shown little interest in the issues related to ordinary masses.

The crooked and the rich, the wicked and the cunning, and the majority of dehumanised and rascalized political animals have nurtured an environment of  enjoyment and entertainment for them  exclusively ,cleverly playing with fire of religion, caste and colour unmindful of their consequences on the innocent and good.They play this political game;win from any situation.In the recent times it has evolved  into the current historical legacy and the protest movements have been scattered and there is no unifying force to overthrow the corrupt and criminal elements from the politicalmap of India.

The atrocities and injustice meted out to the weak and the poor in the name of cow and currency reform ,God and religion is frustratingly irritating.It is not that the oppressed class has forgotten their fighting spirit ; it is that they are tolerating and putting a lid on their aggression.

It is time the people learned to rediscover their rare talent of resistance and taught their rulers the decent lessons of politics.It is time they internalised all our rich traditions and glory and understood the modern trends in the divisive political game practised by the scoundrels who have made a first resort to politics as if  the PM post or CM post is for sale at throwaway price

The elite and the working class and all the well informed need to awaken the people to rediscver their power of dismantling the old order by educating them with rich history of tales bristling with honest history to defend their life and also their language

The world is not the same without her;She will give courage to endure and explore.

Confronting death  of the most loved one is the most difficult and daunting task and more important conducting yourself during the immediate post- death situation is also equally frightening one.It is not that easy to forget  and get over the shocking tragedy which cut into the life of your fire and love and your life and breath.As long as I live I can never forget all the pleasant and bitter memories that i shared with her.

when that inevitable date with destiny , the appointment with death arrived we were stunned into a silence for a while and profused cry thereafter.For months and weeks Me and my children were unsure how we would recover and march forward along with time and cope with life.We were on the edge of her life and all her memories good deeds and stoic smile and courage in facing death made us stronger.

Over time the tears welled up in the eyes and let loose into a flood and i floated on it lest I would not sink into the sea of despair and the sturdy heart would not put to be any test.Moving to my daughter's place in Adelaide from my home land made a small difference and in all I saw there I could see her and feel for her and occasional morning or afternoon walk ended up in crying alone on the lawns in the park.The world is different now without her....It is not the same is it? 

Friday, September 22, 2017

In the name of nationalism countries do mischief ;Great recession will be the consequence

I am a Tamil by birth and Pondicherry is my home town
It is now called as Puducherry.
Formerly a French territory but now a part of India
A great sub continent far bigger than Europe.
By that accident I am an Indian

Why should I confine myself with this narrow frontier?
With all my anger against the artificially created language barrier
And the hegemony of a single language which is nowhere to
many classical languages and their rich cultural heritage?

The whole world is mine and all the citizens of the world are
My brothers and sisters ,my kith and kin.
That is how my Tamil tradition has valued it and embraced
The entire humanity of the world under one roof

without generating any hate politics or polarizing the nation
In the name of caste and creed or color, or region and religion

North Korea and India inclusive of the U S and china,
to name only a few countries as sample
wish to thrive and fool the masses in the name of nationalism
as against the much needed universal ism
Knowing full well that it is the extreme form of parochialism

Scientist Einstein said long ago:
Nationalism is the measles of mankind
Like George Santayana we can only lament
Mankind is a tribe of animals,living by habits and thinking in
symbols, and it can never be anything else..

The result:world will enter into a prolonged recession and the poor
women and children will suffer more