Sunday, May 17, 2020

THE WORLD ECONOMY-CHINA-THE CORONA

THE WORLD ECONOMY-CHINA-THE CORONA
The word economy and economics are known to India even before world ever knew them. One of the oldest books on economy was written by Chanakya in BC.
India followed an economy which made every village self sufficient. None in any village died of hunger. None waited for employment since each one of them had a profession to pursue. The common profession every villager knew was agriculture and each one according to his status was given CULTIVABLE LAND to produce for himself and for the society. This apart from his own HERIDITARY profession. The economy adopted was DHARMIC ECONOMY. THIS IS THE ECONOMY WHICH MADE INDIA RICHEST FOR THOUSANDS OF YEARS. THIS HAPPY INDIA WAS BEFORE BRITISH ARRIVED. INDIA NOTICED NOT A SINGLE DEATH DUE TO STARVATION TILL BRITISH CAME TO INDIA.

THE CAPITALISTIC AND SOCIALIST IC ECONOMIES ARE LATEST INVENTION MODERN WORLD IS TAKING THE WORLD TO DISASTER AND MADE INDIA A POOR COUNTRY . THE LEADERS WHO RULED INDIA POST INDEPENDENCE HAVE ALL STUDIED, TRAINED AND MENTALLY ENSLAVED TO BLINDLY FOLLOW WHAT THEIR MASTERS WISHED THEM TO FOLLOW.
The write up is intended to awaken social instinct and to make us realise where our country and its youth is lost in the mad run for opportunities in multinationals killing 1.our economy , 2.employment opportunities in this country. We fell prey to the international conspiracies of advanced countries to grow their own economy. Finally they only lost the ground to China. Today these countries as helpless as we are including the so called America. Finally I wish to take you to the route which led the world to the present disaster called CORONA. TODAY IT MAKES CHINA THE GLOBAL ECONOMIC POWER CRUSHING EVERYONE ELSE IN THE WORLD. HENCE I DIVIDE THIS INTO 1) The back drop 2) CORONA MADE IN CHINA PRODUCT 3) The options we have 4) What could prevent economic disaster of our country by self reliance.
THE BACK DROP
I am appearing on face book after long time. I know this write up is quite big but it has to be since it is very detailed and is the essence of experience, logic and observation of past and present and a peep into future. I INTEND IT TO BE SO DETAILED THAT I CAN NOT COMPLETE IT TO DAY ITSELF THOUGH I DESIRE TO DO SO. I request you to read with patience and to share till it gets in to the brains of policy makers. Specially the educated youth wake up from your deep slumber and despair and bring on the govt intellectual pressure through social media. REMEMBER MY FELLOW INDIANS YOU ARE NOT WANTED ANY WHERE IN THE WORLD. YOU HAVE TO LIVE HERE AND DIE HERE ON THIS MOTHER LAND. YOU ARE A FORCE .YOU ARE THE SYSTEM . YOU ARE THE PROUD CHILD OF THE COUNTRY BEFORE WHICH THE WHOLE WORLD STOOD ONCE WITH A BEGGING BOWL . YOU HAVE THE DNA OF THOSE ANCESTORS. THE HISTORY OF THE WORLD IS NOT THE HISTORY OF MANY BUT OF FEW. YOU ARE ONE OF THOSE FEW AND CAN BRING THE WORLD TO ITS KNEES AND TAKE OUR COUNTRY TO A PLACE WHICH ORIGINALLY BELONGED TO IT AND ALSO SHOW THE ECONOMIC CONSPIRATORS OF THE WORLD THEIR PLACE. WORLD CAN NOT SEE THE LIGHT OF THE DAY IF ONE THIRTY CRORE INDIANS DO NOT LOOK AT THEM. WE WERE HAPPY AND DID NOT STARVE WHEN SANCTIONS WERE IMPOSED ON US AT THE BEHEST OF MIGHTY AMERICANS . WE ARE INDIANS WE ARE HAPPY WITH A LITTLE AND NOT GREEDY TO SNATCH NEIGHBOURS TO FILL OUR TUMMY.

Today’s world is more materialistic than ever before. The evil of greed and aspiration of becoming economic power of a country has grown to be a uncontrollable monster.The race for economic domination is the sole reason. Out of such evil is born globalisation and the concept of global markets. The international pressure has compelled many countries to sign WTO. The pressure is exerted by the European, US and other developed countries. INDIA HAS SIGNED THE WTO NOT BY CHOICE BUT BECAUSE IT IS CONSTRAINED AND COMPELLED BY INTERNATIONAL PRESSURE. The political leadership of our country has been busy praising the virtues of global economy. It lured job hungry countries with jobs and visas. The middle class of my country were happy receiving hefty pay pockets. They never imagined that their pay pockets are generated at their labour for the benefit of other countries. The pockets has remote controls in advanced countries. They switched off the flow of pockets at their wish and instigated competition among our labour to reduce the cost of our labour. Thus they derived cheap labour and more profits for themselves. Meanwhile China opened for foreign investments and provided cheapest labour. IT CREATED JOBS FOR CHINESE AND MADE THE DEVELOPED COUNTRIES DEPEND ON CHINA FOR PRODUCTS. IT SWELLED CHINESE ECONOMY CREATING TRADE DEFICIT FOR ADVANCED COUNTRIES. THE EXPORTS FROM EUROPEAN COUNTRIES AND US HAVE GONE DOWN HEAVILY. THE MANUFACTURING SECTOR HAS SUFFERED AND CLOSED IN THESE COUNTRIES. SO ALSO THE SMALL AND MEDIUM SCALE INDUSTRIES WHICH WERE BACK BONE OF OUR COUNTRY FEEDING MAJOR INDUSTRIES AS ANCILLARIES HAVE CLOSED.
The rich American jumped and made heavy investments in China, without realising that the Chinese are cunning.
MARK THIS SENTENCE.

Back home how many of us realised that Indian made EC tv, upfront tv, Bharat tv etc) are extinct only to be replaced by international brands like Samsung, LG etc and our automobiles like Fiat, Ambassador cars have also become extinct to be replaced by international brands. So also fridges (Allwyn),ACs, wrist watches like HMT etc.. Daily used products like plastic goods, table spreads, synthetic wood, LEDs bulbs, toys including present epidemic like Carona virus are made in China and are imported. Chinese have over a period by offering products at cheaper cost have captured world markets. They captured the world markets so extensively that these products have become household name. WE HAVE NO MADE IN INDIA BUT ONLY THE CRY OF MAKE IN INDIA. THE PRESENT LEADERSHIP HAS NO OPTIONS LEFT DUE TO THE CUMULATIVE MISTAKES COMMITTED BY EARLIER POLICY MAKERS.
The American industrialists saw the profits China offers but have become blind to the harm china would cause to their nation in long run. SINCE CHINA PRODUCED ALL PRODUCTS IN LARGE SCALE THEY GOT THE RAW MATERIALS AT THEIR COST. IN FACT THE MANUFACTURERS IN OTHER COUNTRIES COULD NOT COMPETE WITH CHINESE PRODUCTS SINCE THEY COULD NOT GET THE RAW MATERIAL AT A COMPETITIVE PRICE. THIS KILLED THE MANUFACTURING INDUSTRY IN OTHER COUNTRIES. THUS THE EUROPEAN COUNTRIES AND US WHO AUTHORED WTO WITH AN ULTERIOR MOTIVE TO KILL THE ECONOMY OF OTHER COUNTRIES HAVE DUG THEIR OWN GRAVE!

THE CHINESE THUS WERE ALLOWED TO EVOLVE ITSELF AS DRAGON ECONOMIC POWER TO DESTROY OTHERS ECONOMY.

I remember the days when imports were restricted and when India was not a free market. These were days when smuggling was a illegal but a lucrative business and it is during these days that under world dons first figured in news. To name a few are Haji Mastan, Narang etc. Movies were made (these were financed by these dons) depicting these dons as heroes. These were also the days when small scale industries have flourished. Manufacturing industries and their ancillaries provided large employment potential. THE STRESS WAS ON INDIGENOUS DEVELOPMENT AGAINST IMPORTS. THERE WAS A TEDIOUS RED TAPISM EVEN FOR APPROVING COLLABORATIONS NOT TO SPEAK OF DIRECT IMPORTS. NATURALLY THERE WAS KEEN INTEREST IN DOING INDUSTRIAL ORIENTED QUALITY RESEARCH. THE EDUCATED HAD A PLACE OF RESPECT IN THE SOCIETY AND MERIT AND ONLY MERIT WAS WELCOME. THE MAJOR INDUSTRIAL HOUSES HAD THEIR OWN R&D DIVISIONS. THE MIDDLE CLASS AND THE COUNTRY WAS SELF CONTENT AND PEOPLE WERE HEALTHY WITHOUT ANY PROFESSIONAL STRESS LEADING TO THE STRESS RELATED HEALTH AILMENTS. THE COUNTRY WAS SELF SUFFICIENT. THE INTERNATIONAL EXCHANGE RATE OF OUR CURRENCY WAS STABLE UNLIKE NOW.

The advent of global products in Indian markets no doubt has put an end to smuggling but our manufacturing units had to shut down since they were not ready to compete with imported goods. Thus the industries one after the other closed down also closing down the employment. The educated youth were forced to look beyond our country for employment on their terms and within our own country there was mad rush to get into the multinationals. The people working in multinationals were most sought after brides and grooms. The core subjects which are the foundations for development and research were studied only for the sake of a degree. The main interest was computer and studies connected with computers like software etc. As mentioned earlier the remote of the multinational company appointments and terminations are always beyond our countries. The bosses sitting abroad now and then decide to terminate all mediocre retaining only cream who could be their loyal servants who serve their countries purpose.

TO BE CONTINUED 

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