Re: [Goanet] capitalism: another inconvenient truth

2007-03-02 Thread Roland Francis

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Good post Allwyn.

Now that India is enmeshed in the vagaries of American style cowboy
capitalism, it can expect to undergo the business cycles that were
unknown before such capitalism made itself felt.

It was not too long ago during their currency crisis, that while the
Asian Tigers most of whom were capitalist running dogs, suffered
abject misery of the kind that led conservative Muslim middle class
working wives in Jakarta to walk the streets and sell their bodies to
feed their families, India was insulated from any such thing. Poor
maybe, but thanks to Indira Gandhi and Subramaniam and his Green
Revolution, with enough to feed their families.

I am not against capitalism but not of the unbridled kind. Anyone who
thinks that capitalism can and will regulate itself to meet society's
needs and take care of society's poor and disadvantaged (read most of
India's population) must think again.

Roland.

On 2/28/07, allwyntc [EMAIL PROTECTED] wrote:
 And that, also in brief, is how capitalism fuels the economy.  Not
 just families, even mother earth is mere collateral damage.
 Capitalism, like guns, they will argue, does not kill people.  Who is
 to say?  But it, indeed, is hard to resist after big brother has shown
 us the good life.  Another inconvenient truth.
 (c) Allwyn Carvalho


[Goanet] capitalism: another inconvenient truth

2007-03-01 Thread allwyntc

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Once upon a time there lived a couple who had five children, all boys.
 They were, by no means, wealthy, but they lived within their means.
The father worked and the mother took care of the children.  They
hardly ever went out to dinner, to the movies, or for vacations, but
when they did they enjoyed and treasured it.  They hardly ever bought
new clothes.  The mother was handy with the sewing machine and she
stitched for them.  The boys grew up to be smart, healthy, and
responsible.

All except the eldest child.  It started when he was 22 years old,
fresh out of college and in his first job, earning a good salary.  He
resented the fact that all these years he lived in what he now deemed
to be miserable poverty.  It started slowly.  He bought himself a
brand new motorcycle, just a little out of his budget. Then came the
finest stereo system.  Not satisfied with his living quarters, he
moved into the nicest but most expensive apartment complex.  He was
soon the talk of the town, his apartment was the happening place, and
there was a party every weekend till the proverbial cows came home.
He defined style.

Unfortunately, he no longer lived within his means.  And then there
was the drugs, yes, ever so slowly, so subtly, the drugs which at
first even his family did not know about.

His parents did not like this change in him.  They wanted him to get
back to his roots, but there was no turning back.  Fortunately, the
other brothers did not follow in his footsteps.  Well, not at first.
In all fairness, it was hard for them to resist the temptations of
such a fine lifestyle, with so many friends, so many women who always
seemed to be at his beck and call.  Of course they used their credit
cards to pay for everything, but how long could that last?

And that, in brief, is how one family went from what so many of us
consider to be a wholesome nuclear family to one of total destruction.

And that, also in brief, is how capitalism fuels the economy.  Not
just families, even mother earth is mere collateral damage.
Capitalism, like guns, they will argue, does not kill people.  Who is
to say?  But it, indeed, is hard to resist after big brother has shown
us the good life.  Another inconvenient truth.

(c) Allwyn Carvalho