Need Based and Want Based Consumption

Staunch believers in market forces like Dr Monmohan Singh, Montek Singh Ahluwalia and P Chidambaram have suddenly changed track and are actively colluding with non-believers in market forces to control the bogey of inflation and why not. No one minds cutting ideological corners in an election year and no one blames them for doing so. of course they would argue, as all market wallahs to this has nothing to do with market mechanisms, if it was a free market then inflation would not have happened, this is a market failure blah blah blah. No wonder we have some of the best ecomomists of the world in India engaged in the worst ecomonic policies since the days of Paul Baran [he was I think the PM's economic adviser for a short period in 1950s]

I think it is best to leave inflation a free hand rather than tinker with it. In the past tinkering with the eocnomic foces have had disastrous result and this time around we have no reason to assume otherwise.

Till a generation back we had a middle class polulation that decided to buy something only when it was a necessity. Nothing that was not desperately needed was ever bought however rich you were. And the need ot lack of it was justified in various ways..... if you are leaving in a small town why do you need to buy a car, travelling is much faster by rickshaw.... Why do u need ACs for three months in a year? just bear it out... Fridge is not a good thing the quality of food is not preserved! Cauliflowers in summer are not tasty stick to bhindi.....

They knew the value of everything

That was then, things have been different since alomost a generation.... u like it u buy it, what use u are going to put it to or if it has any use at all or not will be decided later..... best example is that of Gurgaon where the gentry have on an average 3 ACs per flat in town where there is hardly any electricity for three hours in a day. Or on Mumbai where everyone seem to have a big car, never mind if there is just one road for all of them.

We know the price of everything and value of nothing.

I find it laughable that the same set of people who taught us the principles of free market liberalisation etc 17 years back are now asking us to exercise restraint..... when we have forgotten what restraint means.

For us we have been there done that and been here doing this it's a great fun to watch all these.

If I were serious about checking inflation I would recall Kaushik basu back from Cornell and give him a freehand: )

The picture is that of Kaushik Basu taken from the internet

Is the Sun Rising Over Bihar?

As a young boy growing up in Bihar one of the less lurid and suggestive local songs I heard went something like this.... "धीरे धीरे लागे कलाई थामने; उनको ऊँगली थामना ग़ज़ब हो गया" This was sung by a woman, narrating the fact that "misfortune" stuck her the day she gave an inch to a wily man! This song could not have been a more realistic representation to what happened in Bihar in the last 60 years since independence, especially since the mid-1970s - a period which also marked the height of political movement in बीihar under the leadership of the formidable JaiPrakash Narain. Those were heady days when most Biharis thought that the Sun would rise in Bihar. Little did they realise that that was the beginning of a long sunset for Bihar. Each successive government since then has taken advantage of the ungli [finger] and gone for the kalai [wrist] and much more... and Bihar all the while has acted as the helpless girl who can't say no, taken over by the persuation.... The result was for all of us to see.
It might sound unbelievable to many that till the early 1980s when my cousins used to literally fail exams due to what was known in Calcutta as Load Shedding, we in a small town in Bihar did not know what power cuts were. Of course, by the 1990s, we did not know and did not need to know that there was a something called the Bihar State Electricity Board we were connected on private gensets.
But for the past two years, we have been hearing informally that things are changing and last week there was some proof in the sense that a leading English daily carried the story of turnaround in Bihar as headlines. It was after many years, most certainly since I started reading English newpapers daily, that Bihar made the headlines for all the right reasons.
Of course, there is still a long way to go to reach just where we were in 1980s. But it still feels good to know that there is a group of people who are taking us back to where we began.
We biharis are practical people, please do not show us dreams of an utopia, light at the end of the tunnel, bright future etc etc. Just please take us back to what we left behind, give us back what we had, we will be happy with it. In fact we never wanted more than that...

The Last Mughal and the Last Sahib

THis is my review of THE LAST MUGHAL by William Dalrymple for a portal.
Short background about the author
William Dalrymple understands India, Indian history and his readers inascending order. That is what makes him a very good writer and a reasonably sound historian writing on South Asia. The fact that his writing is not determined by academic exigencies such as the pressures of a thesis, the load of a prejudice or the hassles of artificial deadlines allows him the supreme freedom of choosing a topic and going all out to collect sources. And the fact that he deliberately writes for a larger audience than the incestuous circle of South Asian historians, allows him to present history in a form that is at once not intimidating to the layman and very challenging to the more professional practitioner of the craft.
"The Last Mughal"
It is a biography of the last Mughal Emperor (that is the romantic side of Dalrymple) but it is firmly rooted in the social, political and cultural changes of the times (that is the historian and the story teller in Dalrymple). It is a voluminous book, but its essence both as a literary and a history treatise can be captured a few short paragraphs:1. It fills up a major lacuna in the historiography of India in the sense that it supplements the works of Erick Stokes (for NorthwesternProvinces, modern UP) and Rudrangshu Mukherjee (Awadh) among others, who have undertaken in depth regional studies to bring to light the complexitiesof the Uprising of 1857. Before "The Last Mughal" Delhi was, rather, strangely, left out of such in depth treatment.2. For less strange reasons, Bahadur Shah Zafar never enjoyed theattention that his more illustrious forefathers received from Indian historians. Although, in many senses, he presided and lived through over a complex socio-political transformation that few of his predecessors except perhaps Babur did. Dalrymple successfully puts the focus back on this "black sheep" of the family.3. Finally, and this is very important, Dalrymple clearly shows how complicated simple social divisions like class, caste, race, gender and loyalties were before, during and immediately after the mutiny.4. In terms of substance, the book is rich is use of sources, nuanced in its arguments and very textured in the way that arguments and substantiation are knitted together.
From a historian's perspective:
Another new regional study on the events of 1857 - filling up a major void; unearthing of new sources - another big contribution to the historiography. But nothing new in terms of argument. Believe you me, we already knew the broader arguments around race and religion. In fact, Dalrymple's extra leap to connect the Jehadis of 1857 totheir current cousins seems like what it really is - a giant and unnecessary leap.
From a reader's perspective:
That is the way to write history, each character stands out on its own. And although it will not be apparent to an ordinary reader, a trained eye will not miss the hard work that must have gone to flesh out each character with such meticulous detail. And Oh boy! What a style of writing - captivating to say the least. It does read like a best selling thriller.
Lessons for the historian: "
Isn't that the way we should write our history so that more and more people read and understand what really happened and how?"