Tag: European Union

  • Ambitions, selfishness or fear?







    I was watching Gulal (A Hindi Movies by Anurag Kashyap) yesterday, somehow, it is available on Youtube.

     

    That movie revolves around State of Rajasthan, kings of that state and their wish to get independent Rajasthan – independent from India. At first it sounds very weird, as the story unfolds different characters start playing their strategies for their own benefits. Whatever happens in the movie, that movie reminded me of Brexit – British Exit from the European Union.

    After watching the movie, I was going through the documents of European Union. EU came into existence after two consecutive world wars. The wars which involved almost the whole world but centered around Europe. Just imagine a Europe between 1920 to 1938 (between the two world wars, or the Europe just after 1945. There was enmity, conflicts and the fight for economic dominance. This all actually ended with economic agreement! Isn’t it interesting?

    The foundation of EU was more on economic development, social development – let me call it human development. Quote from EU website – “The EU regional policy starts to transfer huge sums of money to create jobs and infrastructure in poorer areas.” Such a wonderful concept that people can cross man-made borders, do business without trouble and follow one set of rules yet their countries do not lose their identity. Just imagine all European countries making a team to compete in Olympics or Fifa world cup!

    The EU regional policy starts to transfer huge sums of money to create jobs and infrastructure in poorer areas.

    EC-EU-enlargement_animationThe union started 21st century with a couple of aims – Peace in member states, Citizen’s security, economic and social solidarity. Such lofty goals require enormous efforts. These efforts at times become lobbying for one or the other. No doubt there may have been political and business interest groups who might be trying to get better deals or benefits for themselves. This type of lobbying – or cheating in some ways – can only be stopped when there is genuine connect to develop others and heartfelt desire to help those in need. EU adds close to 20% to the world GDP, what is more important to note is – its population is only is only 7% of the world population.

    Just imagine if we get to see such geographic unions in other parts of the world, such as South East Asian Union or South American Union. These type of geopolitical, economical and social unions would require building trust first. A caution the union must only be on two fronts – economic development and social welfare. No! don’t even think of religion – religion is and must be an individual pursuit, those who make religion a group’s belief they mostly want to gain power. Also, religion is only used mostly for generating fear in the heart and mind of followers.

    The movie Gulal had a very selfish and political motive. Can we compare that story of Gulal with British Exit from European Union? At times my mind says yes and other times no. No because it was a democratic decision, based on votes from common people. The statistics says older people were not in favor of remaining in EU. Reason – they were getting affected in many respect on personal level. By the way, these old people are the same who had benefited some or the other ways from being a part of EU.

    My mind says yes because who says canvassing was not done? Who says there was no political motives, selfish goals? Who can deny all these? It has repeatedly proved that we select being individually smart and therefore we are collectively dumb – British exit from EU is an example of the same. Though we may argue that parts of Britain was against it and 51 to 49 cannot be generalized.

    Also heard that those who voted against were fearful of immigrants. I wonder how big is the problem of immigrants in Britain! Of late, the fear of immigrant is evident in a way – every morning I am waking up to a city trending on twitter. There is some or the other attack at some place, European Union was built for peace and social uplifting – not for terrorist attacks.

    My question came a full circle from the movie Gulal to British Exit to Gulal again – What drives people? What drives an individual? Ambition, selfishness or fear? I wish in future we would not be driven fear and selfishness and, in future we would see such union and countries coming together to prosper together, instead of people terrorizing and killing fellow human beings. This wish includes economic and social development – religion is a very personal affair, it should not come on streets and should not be forced.

    Disclaimer – Author supports such collaboration and unification as done by the European Union. Such unions would one day make our world more connected and the interdependence will help us embrace each other with our respect, trust and support to each other as fellow human being rather than black or white, European or Asian or for that matter capitalist or socialist. We indeed are interdependent.

    Image source – Wikipedia

  • Wealth and Wisdom







    Wealth is the abundance of valuable resources or material possessions. Wealth in itself is of no value, someone owning it gives “it” some “value”.  Similarly Wisdom (Hinduism) is considered a state of mind and soul where a person achieves salvation. Again here salvation is achieved by “someone”. So salvation may not be anything in itself, right? Once you achieve it there is no “self”, that is another side of it though.

    The definition of wealth (or for being wealthy) in my opinion is – when you have no more desire to earn more possession – when you have complete disinterest for money – you are wealthy. Because there is no end to earning. There may be a possibility that you are the wealthiest person on earth in the list of Forbes. You may not be interested to say “enough is enough!” I don’t need more money.

    http://media-cache-ec3.pinterest.com/originals/af/fa/97/affa97f31778a0e75cb506d1e38f0f95.jpg

    According to me one is wealthy – if one decides doing things because he/she enjoys doing the work and therefore does his/her work just for the hack of it. Say if I go to office with a motive of Salary at the end of the month, I am not wealthy. But if I do the same work because I enjoy doing it, feel self-satisfied and content. so the salary is not the desire but the fulfillment I achieve makes me wealthy. The later becomes reality with wisdom.

    What if wealth and wisdom meet? The age old approach of the west (wealth) meets the even older approach for life of the east (wisdom). I do not think the world would remain the same, this world would become wealthy and wise. Largely we would stop running for growth, to bailout countries and to make more money. This would be the world where the Business would meet the Buddha and people would do their work as their duty rather than compulsion.

    Definition source – Wikipedia

    Image source – Pinterest

  • God be the CEO!







    From The book of Mirdad

    God is your captain, sail, my Ark!

    Love is your compass, ply, my Ark!

    Faith is your anchor, ride, my Ark!

    Today I was wondering about what if the world is an organization and the God is the CEO! What would be the situation, in the boardroom and what must be going through His mind?

    Situation – the countries and continents are a department each. There is a cost center – USA – this department is in debt and there seems to be no way out for it to survive. The likely other cost center is the EU – European Union. Operations and manufacturing unit is China. Parts of Middle-East and India a chaotic department wherein the left hand ‘does not know‘, ‘does not want to know‘ and ‘does not want to support‘ what the right hand is doing. The chaos is such that the department is rather a destruction center, not even a cost center. Only good department seem to be Africa and the South East Asia region. Would the CEO resign? Or He would dismiss few those who are responsible for this. For namesake – Former president of USA George W Bush (he forced the world to a war – to me which was unnecessary – the Iraq war), Gaddafi, many politicians including Indian politicians, leaders of the terrorist organizations (Osama is already dead) and those others who are the culprits.

    Keep aside the joke of the God being the CEO. Do you think that the situation is really dire – accounts (economy), production and administration everything is in a chaos. If yes, do not you think that it is our responsibility to improve everything round us. Should one take life of the other in the biggest organization – The World? (terrorism). Should one be corrupt in the organization where her/his family will also be at the receiving end? (India). Should one produce products which could be contaminated by Lead (China – some toys), be prone to fail and take life (cars)? Should one be so extravagant that the whole organization is under debt because of that department? (USA).

    Even if we still continue thinking the God be the CEO, would not the CEO want every employee to do his/her job responsibly, be moderate and ethical? Let us hope that the CEO succeeds in his mission and vision of making the organization profitable with the triple bottom-line and make it an ethical organization. With that hope what we need is ‘responsible we’ – each one of us – and committed employee to make the organization a better place.

    Note – those who are agnostic, for the time being consider God exists. Or do not read the blog, or shoot your concerns/comments. Even if we do not want to consider God be the CEO, I thought about another philosophy from India – ‘Vasudhaiva Kutumbakam’. It means that the whole world is one single family. Would you kill your brother or sister, would you do something for which you may have to feel sorry in your family?

  • Euro! is it dead?







    For some time I did not write. I was considering writing either on “Utopia – the Dream world” (in Hindi – Ram Rajya) a type of communism in my opinion or on economics. A news item of yesterday made me select economics the later one. This news read “Deutsche Mark set for comeback instead of Euro in Germany”. I thought that Euro may die soon, so first thing I wrote to Prof Mankad (he is an expert of Macroeconomics) for his opinions on my fear of disintegration of European Union or dilution of the currency Euro.

    I believe that the concept of EU is very interesting and appreciating. However the question to ask is – who would tame the monkeys, those who are more interested in personal gains rather than collective wisdom? I read a book on similar concept of being individually wise and collectively dumb – “Games Indians Play“. The same is happening with different economies. Austerity measures – why there is so much of hue and cry? Because as per my understanding of austerity measures – “maximum of expenses to be controlled by austerity measures are on usage of tax payers money”.

    Earlier, when I read the Financial Times often I used to wonder about the crisis in EU. And I wrote about Germany as probable next super power. I had few reasons to think that way. However, later and now when I see economic crisis in EU (Greece, Spain, Iceland, Ireland and Portugal the list may become bigger in future) I changed my mind. Even further, when I read the news yesterday about ‘Deutsche Mark’ I felt more compelled to think of bigger consequences – could EU disintegrate? Is Euro dead?

    The other reason to dwell on my fear was another discussion with Prof Mankad some time back. He said UK has foreign debt in multiples of its GDP, what could happen to UK? UK has 400% of external debt to its GDP. So, are we seeing Euro as dead in future or Germany would have two currencies running in parallel – Euro and Mark? only time will tell us.

  • Next super power?







    Germany? Is that… few days back President Obama was in India, he supported India’s candidature for permanent seat in UN. Germany and Japan the other contenders raised their voices on that. Germany is one of the two elected countries to serve as member of Security Council for two-year terms that begin Jan 1. Germany is also the protagonist for Unified Europe e.g. European Union (EU). Germany is the strongest economy of EU. And the trouble starts here – Germany being the protagonist and the strongest economy faces challenge of saving the EU and the cost could be cases against Government of Germany. Reason? German people were promised two things –
    1. Euro would be as strong as Deutschemark
    2. There would be a “no bail out clause”

    These clauses seem to fail. Euro is struggling because of exposure to stupidity of investment banks and naivety of European countries for example Iceland. Next to show domino effect was Greece in first half of the year, Ireland now and perhaps –Spain, Portugal next to face economic doldrums. “With Great power comes great responsibility” said Uncle Parker [to Peter Parker – Spiderman]. Germany needs to understand it, they need to change their promises or the spiral of over exposure and unified economy [not only of EU but also the whole world] would eat half of our generation.

    Balancing this would make Germany either very strong worldwide or make it pauper.

    China, is that? According to the recent FT news by 2014 China would roughly touch 20% of world manufacturing production and has already equaled US. As I earlier wrote [reference Macroeconomics class of Prof Mankad] China is replicating Japan on many fronts and is doing it phenomenally well. China hold Treasury bonds of US in effect it can twist arms of USA any time. Yet it faces a few challenges –
    1. for a strong economy of China, US and other nations importing Chinese products should be economically strong or China needs to increase consumption of its produce in China itself
    2. growing % of population in old age e.g. less working population.

    There could be many ways to tackle this issue –
    1. Work Visas to people of different nationalities
    2. Automation
    3. A least unlikely one is mildness on communism to attract foreign nationals

    India, is it? Perhaps, yes! I may be biased yet the economic, demographic and intellectual capital it posses, this country seems the contender for coming 10-20 years. The secret lies in the leadership, current duo of Dr Singh and Mr Chidambaram is a good combination. However, India needs to be cautious building next leadership line is the need of the hour.

    Coming back to the troubles in EU, I strongly see a solution in applying TRIZ (the Theory of Inventive Problem Solving) for the situation. As far as the super power is concerned, only time will tell us who the super power is, I would bet on India and China, more on India ten years from now. Cast your vote…