Website review: Asia Times Online :: South Asia new...
laodan discovered this in Capitalism
•1 reviews since Jan 4, 2008
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•atimes.com/atimes/South_Asia/JA04Df04.html
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laodan discovered 5 months ago- Rupee madness and modern maharajahs in Asia Times by Sudha Ramachandran
India was once associated with Gandhian austerity. The unmaterialistic "other-worldliness" of Indians was often seen as a trait unique to this country. With liberalization, not only do Indians have the means to lead opulent lifestyles, but also the stigma associated with "Western materialism" and excessive lifestyles during the freedom struggle and the decades of socialism have now been removed. The pursuit of wealth is not considered dirty any longer. Being rich and showing it off as did the the kings and emperors in the past is fashionable again. Rupee madness and modern maharajahs Faced as we are with the side-effects inflicted by modernity upon the principle of life on earth what should we think about this late conversion of India and China to the soul of modernity? First let us observe the obvious. The worldview of modernity, greed individualism and material possessions, imposes itself anywhere the logic of capital is being unleashed. But while Western Europe and its geographic extensions had access to cheap resources the new comers are faced with rarity and high prices. And to make matters worse the side-effects of modernity unleashed by the West and its geographic extensions reaches such levels today that the idea of the South following the Western example appears like an insanity. But can we blame 90% of the world population wanting to have access to the same sweat modernity seen enjoyed by the West in movies after movies and in their TV window on the world? Whatever one might think about the gravity of the side-effects of Western modernity upon the principle of life we will not stop 90% of the world population to try catching what is seen as modern goodies. The genie of greed and individualism has been unleashed and to recapture it in the bottle where it belongs will only happen after its necessity is imposed on humanity in the wake of a string of catastrophes. In other words the cycle of materialism has to go full circle. Only then can a new cycle emerge that will favor; the societal over the individual; the spiritual over the material.
- Rupee madness and modern maharajahs in Asia Times by Sudha Ramachandran
