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Non-Tech : The Woodshed
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To: Stephen O who wrote (38004)3/9/2006 11:06:53 AM
From: LoneClone  Read Replies (1) of 60901
 
Not true -- the new Indian middle class is definitely buying Western consumer goods, but they are also maintaining their prediliction for gold.

The difference is that now they can afford more of it.

An informed knowledge of South Asian history would undercut your certainty as to the ability of Western consumerism to debase a culture that has successfully absorbed powerful outside influences for millennia. India has generally been able to transmogrify these influences into something uniquely Indian.

You can even make a reasonable argument that the influence of South Asian culture on Western countries has been at least great as powerful as the reverse.

To give a trite example, take a look at England's national food these days -- curry. An English person is much more likely to order up a "curry and chips" than the traditional "fish and chips".

LC
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