Wednesday, March 17, 2010

how UPA will never let india reach its historical hindu rate of growth of 10+%

mar 16th, 2010

from the economist intelligence unit, which is far more sensible than the magazine itself, considering the latter is represented in india by congenital idiot and bigot james 'i hate hindus and indians' astill.

12 comments:

Incognito said...

'India will pay a price if the government restricts its focus to targeted spending and piecemeal reforms, rather than structural reforms that would unlock more of the country's vast economic potential. India's high rates of saving and investment (currently 32.5% and 34.9% of GDP, respectively) could support a higher rate of growth if utilised more productively"

Essentially India should sell out, welcome the latest versions of East India Companies. While the poor of India remains poor. and exploited.

The advice as given above, for opening up more and more have been the constant refrain from westerners- the ever insatiables.

nizhal yoddha said...

it's only a question of who does the plundering. as things stand, with a closed economy, the white woman in charge and all her friends are plundering like mad. ($100 billion in swiss accounts).

if it is made more open, white guys in suits from goldman sachs will do the plundering.

take your pick.

at least with an open economy, we will get some worthwhile goods and services. examples: telecom, airlines, software.

with the closed economy, we get: NREGA, 6th pay commission, JNU, the chindu and toilet papers

it's hard to imagine, for instance, that media will be any worse than what it is today if white people come in in a big way. as it is, the arabs and chinese have total control over the media.

this is what you want with your paranoia about whites, incognito?

L. Venkata Subramaniam said...

Hindu Growth rate is acually 5%. We are in another completely different zone right now.

nizhal yoddha said...

l venkata subramaniam, i'm afraid you are confusing the 'nehruvian rate of growth' (1-2%) with the hindu rate of growth which got india to be the richest country in the world from 0 CE to about 1700 CE.

Julian said...

<<>>

This is the constant refrain of the commies, "poor remain poor and exploited" which is nonsense.

As India develops the living standards of every section of society raise, don't believe me go look at things like rates of malnutrition, life expectancy under the Nehruvian stalinists.

The poor in India today have a higher living standard than they did back in 1990 or 1980.

Where the mythical "equality" of commies has been achieved like in Kerala where we are told there is less "exploitation" and "poverty" the state has turned into a basket case which survives on remittances from the Gulf.

They also sang the same songs about HK & Taiwan when they were developing. Oh look how the terrible Nike etc exploit the Chinese labour in their dreadful sweat shops and how they will always remain poor and exploited. Today I don't see many from HK who are dying to get out from HK to the US like I do with many Indians so may be HK did something right.

Also L. Venkata Subramaniam is an idiot that doesn't know his economics. As Rajeev had pointed out that's the Nehruvian growth rate. It was the so called Hindu rate of growth that kept India closely tied to China as the two countries with the lions share of the world GDP before British colonialism.

Incognito said...

'this is what you want with your paranoia about whites,"

where is the word 'whites' in the first comment ?

a straw man of your creation.

capitalism has been a front for expansionist self-aggrandizing drive of westerners. For that matter, so is 'christianity', 'islam' and 'communism'.

in the guise of 'capitalism', westerners plundered and looted and destroyed entire civilizations, world class economies, millions of people, animals, plants and birds, wrought extinction of thousands of species and destroyed environment.
All the numerous East India Companies, Hudson Bay Company etc., right down to Monsanto, Vedanta and Goldman Sachs are pivotal to this destruction.

capitalism has a bloody history as much as christianity, islam and communism.
The stains will not go away by white washing with pious plattitudes of 'bringing development', anymore than the stains of christianity will be washed away by calling it 'religion of love', of islam by 'religion of peace' or communism as 'egalitarian'.

It is also not just people born in western lands who engage in these selfish expansionism. In fact there would be perhaps as many people who are not selfish expansionists in the western countries as there are in India.

It is not about people per se or about a country or community or race. It is about the motivations that drives, that is behind.

bharatiyas were traditionally motivated by dharma as against selfish aggrandizement.

Further, reducing the options to between white woman, swiss accounts, JNU, NREGA vs goldman sachs, telecom, airlines, software is untenable. Those are no options. The only way for Indians is to act with dharma as motivating factor.

The options are between dharma vs selfish aggrandizment couched as 'development'/'egalitarianism'/'socialism' etc.

India was world's richest country in the past not by pursuing capitalistic tendencies, but by living dharmically, producing goods dharmically, balancing dharma, artha, kama, moksha.

The options are between dharma and longevity of environment and earth, vs mleccha attitude and destruction of environment, earth, humanity and other life forms.

namaste

Julian said...

Incognito apparently hasn't read much about capitalism beyond the pamphlets distributed by the comrades in India.

They all rail against capitalism but they all want to immigrate to the semi capitalist West instead of such paradises as North Korea, Cuba etc.

These slogans of "living dharmically" are nice sounding but they are meaningless when you don't put forward an alternative economic system.

Of course there is also much of the green hysteria evident among Hindus where Humans are supposedly causing Global warming or some other such nonsense.

In the West the people who live the closest to dharma are those who live in almost a purely capitalist system i.e the Amish. They have strong families, work ethics, no divorce, no drugs, no violence, no abortion. What does this have to do with capitalism you ask?

It has to do with the fact that the Amish refuse social security and take care of their elderly unlike the "dharmic" Indians who are abandoning their elderly parents in old age homes. They refuse farm subsidies & refuse to send their kids to gov't brainwashing centers oops I mean schools, don't tolerate divorce or abortion (which millions of supposed shameless Hindus have no qualms about doing). They live a very capitalistic lifestyle though people often think that capitalism = consumerism.

Incognito said...

What "Incognito apparently hasn't read much about ...." is not material.
whats your point ?

'They all rail against capitalism.....'

You don't have to rail against them here for that.

'These slogans of "living dharmically" are nice sounding ...'

keep listening and press replay.

'...they are meaningless when you don't put forward an alternative economic system.'

thats as meaningful as telling Dawkins not to criticise christianity and islam unless he puts forward alternative God.

'Of course there is also much of the green hysteria evident among Hindus ...'

go treat them if you are so concerned

'In the West the people who live the closest to dharma ...'

how close is closest ?

'What does this have to do with capitalism you ask?

No.

'unlike the "dharmic" Indians who are abandoning their elderly parents in old age homes'

you talking about yourself ?
don't bother qualify yourself as 'dharmic'.

'don't tolerate divorce or abortion (which millions of supposed shameless Hindus have no qualms about doing)'

you again talking about yourself ?

don't bring in 'millions of supposed shameless Hindus' unless you can prove it.

'They live a very capitalistic lifestyle though people often think that capitalism = consumerism.'

don't drag in 'people' when all you can say is about yourself.

Apparently you have already displayed your inherent anatgonism and contempt against so-called hindus twice in this comment- "hysteria evident among Hindus', 'millions of supposed shameless Hindus'.

It would seem you are using a so-called 'hindu' sounding name to push a deceptive agenda.

go do that somewhere else.

nizhal yoddha said...

incognito, i am not going to respond line by line to what you are saying because i am not obsessive.

however, you must be kidding when you make the distinction between 'white' and 'westerner'. pray tell, exactly what *is* the difference?

also, whenever somebody shouts loudly about dharma, i get a little queasy. first, because dharma is not static -- for instance, what exactly is the dharma of a computer scientist? or of an MBA person? these are evolving. to act like dharma was fixed for all time is to be a bit... semitic, going by the book and all that.

second, i find that it is the pseudo-secularists who shout loudest about dharma, because they find it a convenient stick to beat hindus with. they count on the fact that most hindus really have no idea what dharma is.

Incognito said...

'i am not going to respond line by line to what you are saying because i am not obsessive'

self-certification ?

''white' and 'westerner'. pray tell, exactly what *is* the difference?'

are all westerners white ?

'dharma is not static ...going by the book and all that'

was dharma qualified as static or otherwise in the previous comment ? why put up straw man agruments ?

'i find that it is the pseudo-secularists who shout loudest about dharma'

did anybody SHOUT in the prev comments at all, let alone about dharma ?
are you suggesting that anybody who talks about dharma is pseudo-secularist with his convenient stick ?


The points of the previous comments was about the bloody history of capitalism and what damage it could do in future if past is any indication. Instead of addressing it, attempt is being made to divert the subject to non-static nature of dharma, pseudo-secularists, sticks, 'hindus' etc., using plenty of straw man agruments and imputing wrong meanings.

Contest the points brought out in the previous comments. Dont try to paint the commenter in a way to denounce him as not worth answering or to divert the topic.

Are you so westernised that you adopt their tactics of prevarication and subversion when faced with uncomfortable questions ?

nizhal yoddha said...

hey incognito, are all whites white?

got you there, eh? the answer is no. most of them have some black blood in the US.

i'll make a wild conjecture: you have never actually interacted with any whites or westerners (take your pick) at length, so you sort of stand in awe of them.

secondly, you sure are a hypocrite. you accuse me of self-certification. what about you? you have positioned yourself as the authority on all things dharmic. so who died and made you king/queen?

thirdly, if you want to talk about capitalism, talk about it. don't bring in extraneous grand narratives about dharma.

sure, capitalism sucks. but communism, the only alternative on offer in india, sucks even more.

Samaraveera said...

Incognito one doesn't need to "prove" well known truths.

Are you denying that millions of abortions are carried out in India by supposed Hindus?

How did the male-female imbalance in gender ratio's come out without abortion then?

Or are you shamelessly denying that too?

Read a little before you spew your gibberish on this blog.

You don't even know what capitalism means or what it entails but want to preach against it through nice sounding slogans like the comrades.

The evil capitalism is what brought about Tata's Nano where as in the glory days of your communist license raj India produced legendary quality cars like ambassador lol. The evil capitalism also brought about IPL which is making the goras squirm because they can't dominate the sport they invented.

Go preach your romantic vision of poverty (which is the default state of a society that does not respect private property rights and other features essential to capitalism) elsewhere.