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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Worswick who wrote (1955)	2/6/1998 9:47:00 AM
From: peter michaelson	Read Replies (1) \| Respond to of 9980

Friends, friends: Now, there is truth in what Sankar writes, but we will all agree that there are many truths. The Western powers have, I think it's true, caused much suffering, but then so, I think, has every other power. We are neither the best nor the worst. And no one is all bad or all good. My guess is we're all pretty much the same. peter

To: Worswick who wrote (1955)	2/6/1998 10:35:00 AM
From: Mohan Marette	Respond to of 9980

Worswick & Sankar: On a lighter note:- On Ghinghiz Khan & Harvard. All the killings and mayhem aside,you know Ghinghiz Khan is one of my favorite historical figures,Kublai Khan though wasn't all that hot.One thing about the Khan though,he never tried to convert anybody into whatever religion he was practicing,he kinda tolerated all that stuff.I remember some French guy visiting him (probably a priest i think)and was accorded quite a welcome and I think the guy stayed there for some years. I read somewhere that he came to Delhi and left because it was too damn hot for him there leaving behind his Bahdur to mind the store.Guess he might have come there in the summer time from the looks of it. As for Harvard,it seems they have failed miserably in molding another Capitalist,eh? Oh,well so much for Harvard.<<ggg>> Just kidding Sankar.

To: Worswick who wrote (1955)	2/6/1998 11:47:00 PM
From: k.ramesh	Read Replies (2) \| Respond to of 9980

The new barbarian? The stateless aristorcracy, without a conscience, yes I like that, some are former hungarians, others former americans, maybe some indians too. Do not be so harsh on Sankar, his defense of Indian poverty to some hindu mentaliy etc is b s .Part of it is the price we paid for trying to go it alone, self reliance and wanting a broad based economy , social justice and all that. But, while India is poor because we do not have shelter, sanitation roads etc, we are not poor because we do not consume the US RDA of animal fat, coke, gasoline, garage space, sq feet of carpet, # of pets owned. The point is that the west through its domination of the media moulds the planet's perception of what is wealth. A closer to home example is that one can participate in the US economy if you lived in Missisippi and drove a yugo just as much as from CA in a BMW. Most of CA's wealth in this case is due to emphasis on incremental, and minute differences, yugo = $2500, BMW = $55000, shack = $25000, Condo = $450000. So the difference between India and the US based on a cursory look at per capita income is meaningless. a $75 k american is at best 2 to 3 times richer than a middle class Indian, yet continues to believe and expects every one to believe that he is 25 times richer and stronger. Do not look at the exchange rate, a rate of 38 RS to the USD basically says that 'look we do not make world class products yet, so take em away at this rate',(current acct.) . Do not expect to buy up the place at Rs. 38 to the dollar. which is why it is not convertible at that price. (capital acct.)