Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Saturday, April 18, 2009

The Global Guilt is not helping the under-developed societies like Africa

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africa poor
How and why the US and the other 'white powers' help the black of the southern hemisphere! A global 'white' guilt is being exploited by the political powers of the west with vested interests in the resource rich land known for its diamonds and yet to be exploited oil. The pre-recession era of the west was a place which had more money and less happ'y'ness. It is mostly a 'persuit' of this happiness that has been driving the white upperclass of rich nations to do charity in godforsaken lands like Africa (and India, recently even more after the success of Slumdog Millionare) and when charity comes so easy everyone joins hands to contribute. Giving away a day's burger can buy education for a girl in Africa some say. The charity is good but the problem is that the effort ends just there. No follow ups are made by most people, they trust their govenments which shows them impoverished faces with smiles and a bright colored flag on their favorite TV channels.
Movies like 'Black Diamond' are rare and though appreciated they fail miserably to excite the fancies of most. The west has been able to get to what it wants on most occasions. Many African governments are formed by the consensus of a 'white board' mostly populated by US and UK diplomats. If a couple of 'talks' and a donation of the surplus money of its nation can buy a land rich in resources, who would say no? The situation in a few other countries was similar. The west had an overwhelming interest in their resources and what followed was Afghanistan, Iraq, Vietnam, etc. In these places the society had a tougher political structure and a resilient army to involve in a fight-back. Africa, sadly, has been slow to evolve to be a strong resistance (or terrorists as they are mosty referred to by the west for most other cultures) and centuries of oppression and slavery could be blamed for this.
How is India and the subcontinent different, now? Drastically! We have emerged as important players in the economic scene of the world, have an intimidating armed force and a global presence (even a couple of Indians helping Obama frame laws for America!). It is another thing that most important resource of India is 'Human' and it is in the best interest of the west to reap the benifits of the human resource that is reared by the Indian Government and works for them! A colony (or colony like establishment like in Iraq and many parts of Africa) would result in weakening this important resource. The 'Slumdog' is infact bailing out the west out of these tough times in many ways.
Post recession things have changed. The west is no longer happy and no longer rich (like it was before). Most charities have dried up as even the big corporates who wanted to gain some SRI (Socially Responsible Index) points are now shying away from donating to the poorer continents.
So, the big question is, "Can money relieve the situation or is something else needed?" The answer is not simple but a number of measures like political influence, physical engagement, representation of these countries in the world forums/culture, development of industries inside Africa and a genuine support for the existing ones can make a big difference to the current situation.
How would Obama be different? Being a black and all he's expected to bring about a sea change to the situation not just in America but in the world (or the 'world' of America at least!). But, quite frankly, how black he really is? Obama is, first, an American citizen who has lived his life like one. His political career is not motivated by the evils against the blacks (something that motivated Martin Luther King) but rather the equality that he's enjoyed for major part of his life. A comparison which is often drawn is that of Mayawati aka Behenji. The parallel, unfortunately, lies just in the heads of a few media folks and is far from being a ground reality. A dalit, girl child in rural parts of India suffers much more than the 'black American citizen' of modern times can even imagine. She has been a champion of equality and life for the dalits in India and if continents like Africa have to come up with the modern society they need many more leaders like her rather than a philanthropic monetary effort as an outcome of a guilt which has always pressed the white population of the world pre-recession.

Wednesday, March 18, 2009

Jaspal Bhatti comes up with "Recession Party"

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After enthralling the audience with his dance moves on Nach Baliye, one of our best-known comedians, Jaspal Bhatti has now decided to contest the elections from Chandigarh. He launched his own ‘Recession Party’ and would only aim to become the Prime Minister.

Some news items had I could collect, from various sources, about his first speech are as follows:
* He first declared that he would not spend a penny on elections and the crowd laughed at him. He immediately clarified that he just meant the spending out of his own pocket.
* Funds from any party that wants to cut their opponents' votes are welcome. Those wants to make pre-poll alliance deals with our party may also fund us.
* Recession fund would be created and those who are still insulated from the heat of recession would be requested to donate. Keeping in mind the world wide recession, our party will not put undue pressure on businessmen, builders and traders to collect the fund forcefully. They can donate us at their will.
* Those who support us now with their sweat, soul and money will be given ample chance to reap the benefits when we come to power.
* I make it clear that I am jumping into politics to beat the recession and improve my own financial health.
* We hope all jobless, out of business and underpaid people will create our solid vote bank.
* People in the past have voted in favour of Sat Pal Jain, Pawan Kumar Bansal and Harmohan Dhawan. I request you to try me once. I assure I won’t be more ineffective than any of them.
* Our Aim: we will create more slums in and around Chandigarh to win the parliamentary and more Oscars as well. The beauty of the city will stand out more shiningly amidst cluster of slums.
* We will not to divide the votes on the basis of caste, creed or religion. Instead we will create a wedge between the foolish and the intellectuals. We do not want the votes of so called intellectuals who after getting victimized in the hands of their leaders support them every time.

The supporters of Recession Party came up with loud cheers and number of slogans like : -

Tauba yeh recession, tauba be-rozgaar
Tera political atteyachaar
Ghar bikwa ke sadak pe la doon
Lakhpati se kangal bana doon
Recession ka nikle yeh dhooan
Seene mein jalti hai armanon ki arthi
Arre paanch saal mein dekho kya hoga
Sonia khele kursi se
Mamta se haath milaye
Maya maya karte sab par
Mayavati haath na aye
Rajnaath aur jaitli jhagre
Advani ko bhukhaar
Tuaba tera ....


Jaspal Bhatti also told the media that their party would soon release their party manifesto although it will only be a customary exercise and the public should not believe in what they say in the document.

I am wondering if our Political System has really become such a joke? or is it just that the man is doing what he does the best ?

Tuesday, March 03, 2009

Intel: Recession may hit technological advancements!

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It may seem ridiculous to think that the economic slowdown may be powerful enough to hold back technological evolution and advancements but, sadly, the current recession has done exactly that.
Intel which sells its products through vendors of various electronic products may not be under a direct influence of recession but the piling inventory at its clients factories may soon start showing up as delay in the coming hardware releases by Intel. It is believed that the popular vendors of computer goods have been pressing Intel to delay the release of its newer technologies as they have not been able to clear the huge inventory which has the older Intel chips inside them. With the new technology entering the market the vendors would be forced to compete with the standards of the changing market and this may put a greater pressure on the already crumbling electronics goods industry.
For Intel to survive the economic crunch, it may be necessary that they don't delay the next release too much as competitors may snatch the near-monopoly that Intel enjoys right now. On the other hand rolling out a new product would create a further slowdown for the electronic goods majors and smaller players (with reasonably smaller inventory issues) would be the biggest gainers.
Thanks to the model on which Michel Dell built his company, Dell should survive without much problems with its unique inventory control mechanism and a customer demand centric approach for placing orders with its vendors. Smaller players in the electronic chip making industry may be seeing this as a chance to challenge the Intel authority.
The biggest gainers would be the customers with bigger discounts and 'nicer' offers expected in the consumer electronic market.