i guess it's the harvard business school education: must have fried his brains. p chidambaram would have been much better off if he'd studied at stanford or wharton. :-)
as it is, he's become a poor man's karl marx.
but both of them are wrong. Angus Maddison's World Economy: A Millennial Perspective, an official European Union publication, shows that during practically the entire period 0-1700 CE India was the world's richest nation.
stands to reason. all these barbarians from alexander the macedonian to the mohammedans to the christists came to india only because it was a rich country. i have noticed that the mohammedans and the christists never invaded, say, burkina fasso. why? burkina fasso has nothing to steal.
also, the reports of travelers, everyone from marco polo to alberuni to xiuen zang to fa hien to paes to the early brits talk about how they were stunned by the wealth of india. i remember passages about vijayanagar by the overwhelmed persian and portuguese envoys who couldn't believe how rich the empire was, for instance.
chidambaram wont believe any indians, but he should believe angus maddison, who's a white guy.
why chidambaram says this sort of crap -- he's not stupid -- is not clear. may have something to do with genuflecting in front of his white boss-lady. if you remember, manmohan singh also said something really dumb when he was given an honorary degree by some british university: something along the lines that brit colonialism had done india a lot of good. yeah, in his dreams!
here's chidambaram, as reported by rediff: http://www.rediff.com/money/2007/aug/27fm.htm
==== quote =====
India was a country where rivers of milk and honey used to flow, is a great historical myth, believes Union Finance Minister P Chidambaram.
"The poverty has always been there in India and whoever propounded the myth about India being a rich country is wrong," he said.
The old teaching that India was a country of milk and honey about five centuries ago was factually incorrect, Chidamabaram said. "Poverty was there and is still there in India, though prosperous pockets existed here and there," he said.
The finance minister said the books that propounded the glorious past of India were liable to be burnt.
==== end quote ====
now compare this to karl marx, as reported by col anil athale at the following url: http://samachar.com/showurl.php?rurl=http://sify.com/news/fullstory.php?id=14514872
Karl Marx took a dim view of India and its heritage.
Writing in the New York Tribune dated June 25, 1853
(quoted in Lewis S Feuer edited Marx and Engels Basic
Writings, Anchor Books, NY 1959, pp. 474-481) he
claimed that the 'Golden Age' of India was all myth
and India was always a poor starving country. He
further went on to admire and appreciate the British
for destroying the Indian village industry and economy
so that India could 'modernise'.
===== end quote =======
almost verbatim, eh? all that hanging around with karat and yechuri may have caused chidambaram to absorb karl marx's bullshit by a process of osmosis from the communists.
reminds me of the old indian practice of visha-kanyaka, a poison maiden whom a king would gift to a rival, and whose body was toxic to the touch.
the communists are poison, no doubt about it. kalakutam, as disgorged by the serpent kaliya.