Showing posts from August, 2017

Modi's Remarkable Political Maneuvers Are Nobel Peace Prize Size

Of all the heads of state on the world stage right now, Modi is the most remarkable. He promises to be the economic Gandhi of India, the Deng Xiaoping, the Lee Kuan Yew. None of the three - the Mahatma, Deng, or Lee - had to contest elections like Modi has to. And it is not just every five or four years. In India a France size election is just round the corner all the time.In that sense India is not just the largest democracy. It is a perpetual democracy. 
The true test of political leadership is if you can get the people to make short term sacrifice for long term gain, and Modi seems to have managed to do it. His grand moves of demonetization and the GST ("good and simple tax" in his words) might have dragged the growth rate down from a high of 7.9% to a still impressive 5.7% but without demonetization and the GST perhaps India could not have aspired for a growth rate of 10% or more. Now it can. 
But Modi does not have the luxury of time. The growth rate has to now go past…

The World Needs To Move Towards A World Government

The debate if the 21st century will continue to be an American century, or if it will become an Asian century is moot. This is not even going to be an Internet century. The Blockchain will prove bigger than the Internet, and bigger still technological trends are right around the corner. The nation state itself is about to be shown its place. It is high time the world moved towards creating a world government. One person one vote has to be the basic premise.

Third Culture Kid (TCK) Barack Obama is best positioned to be George Washington to the world. He was born to a Kenyan in Hawaii, he grew up in Indonesia as a kid, he was America's first black president, and he did a decent job of steering America after a Great Depression like economic event. His Obamacare was so well placed, the opposition party, despite having all three branches of government at its disposal, has not been able to dislodge it, despite having opposed it non stop right from its enactment.

India leads on the bi…

Doka La Standoff: China Proved Its Point On Tibet

Doka La standoff ends: Chinese troops leave disputed area— Paramendra Bhagat (@paramendra) August 28, 2017

If in 1890 the British Empire recognized Tibet to have been Chinese territory and dealt with the Chinese state on all matters Tibet, perhaps it is not true that China invaded Tibet in the 1950s. That is the point China intended to prove through this standoff and it has done so. China did not back down. China proved its point. Done and over with.

Doka La border standoff: India, China announce end of two-month long impasse via carefully staged face-saver— Paramendra Bhagat (@paramendra) August 28, 2017