Like i said in my last post there was a lot of stuff pending from my last reading rush. So with this post i want to finish vomiting all that on my blog so that i can take a break from blogging for some weeks now.
Yes.. this is one last longgg post and i take a blog break after this for some time :).
Customary Recruiter Alert# The erstwhile congress during freedom struggle had socialists.. communists.. capitalists.. fundamentalists .. so on under one umbrella and these differences were considered to be one of the assets of the party. It was this diversity of thought that led to rich policy discussions debates etc. So today’s B-Schools also need to have multiple voices on multiple things i think ;). Jus becoz i seem to be depressed by what is business-as-usual doesn’t mean that i make a bad employee :P .. like i said in my last post.. i have a split personality. Trust me ! :D
I had taken note of some stuff from newspapers/movies/books in the past few weeks .. so here i go one by one.
The Union Sports minister’s tryst with F1
The Hindu today said that the Union sports minister has not been invited for the International F1 sports event at Delhi. Now.. isn’t that funny ;). The minister claims that since he is neither a star nor an item girl hence he didn’t expect a invitation. The fineprint ofcourse explains the probable reasons .. some issue over income tax exemption for organising the event. Apparently they did send some two passes to the minster’s residence, but like the authorities say .. that is not the right way to invite a minister ;). Interesting :) . I am waiting for the next P.Sainath article on the F1 mania ;). Talking of P.Sainath, this is an old gem (Mar 2011) by him on this very issue of tax exemptions titled Corporate Socialism’s 2G orgy. The comments on this article also make an interesting read.
Tamilnadu’s RADMS software
This was another piece in Indian express some 3-4 days back about how IT was used in Tamilnadu to combat the traffic management issues. The software package is titled Road Accident Data Management System. Very nice to see IT in action ;). Despite all the cribbing that we software engineers do IT does matter ;).
ToI on Intelligent Toilets
There was this piece in today’s TOI about intelligent toilets. Obvly such items can grab your attention only on TOI website :D. Anyway.. the article says the future toilets will have “shower curtains showing TV or the internet ” and that “People will be able to make phone calls from under the shower and an interactive mirror – connected to the internet – might offer tips on what accessories to wear with what dress”. I hope that this technology shall not see light .. even if it does it should be super costly that barely 0.01% of population should use it :P. That is atleast one part of our life that technology hasn’t touched yet. Let fb-twitter not ruin this part of our lives too :D
The Occupy wall street stuff
Of late, newspapers publish editorials/opinions on the OWS thing every once in a while. Sometimes atleast once in two days. So this article on friday’s Indian express impressed me. Like i mentioned in my last post it is about the cronyism in capitalism. The author says that “while alarmists seem to think that the movement is a “mob” trying to overthrow capitalism, one can make a case that, on the contrary, it highlights the need to restore basic capitalist principles like accountability”
Mr.Shanti Bhushan and his heart
Here goes another on tax exemptions. This was one piece of news that reminded me of the “legal aspects of management” course i had in first year. The news is about Shanti Bhushan’s claim that his heart is like a “plant” (as in steel plant ;)) and he needs Income tax waiver for the expenses he incurred for his bypass surgery. His argument is on the lines that as per law plant is “any article or object fixed or movable, live or dead, used by a businessman for carrying on his business and it is not necessarily confined to an apparatus which is used for mechanical operations or processes or is employed in mechanical or industrial business” . So his heart problem has caused him loss of business and the bypass surgery was like a plant repair hence he can claim exemption for the same.
The Delhi HC had originally dismissed the plea before the SC accepted it.. one of the arguments of the HC was that if you say that your heart is a plant and hence an asset then it should be in your balance sheet :D. Very interesting thought.. So the assesse balance sheet will now read .. 2 Kidneys 1 Brain 1 Heart 2 Eyes so on. Wonder how the valuation would be performed then ! ;). Bhushan on the other hand refuted this claim saying “heart is not a purchased asset .. i got it for free” :D. More on this here. I think lawyers have a lot of entertainment in their lives. They experience “navarasas” i think :)
The Manhole cover case-study
This was again a chance discovery while reading the Krugman International economics textbook on a case-study about Manhole cover manufacturers. The end case question for this one page case was very troubling .. “So was the production of manhole covers by barefoot workers something to be condemned or praised ? Are demands for higher safety standards humane, or would they have the effect of denying desperately poor people the oppurtunities, merely to satisfy our own fastidousness” . A similar case was discussed in our business sustainability class in term4 about how strict regulation against labour malpractices resulted in loss of employment and they had to take to prostitution in some cases.
Vandana Shiva, Satish Kumar etc
So my reading of the stuff i wrote about in my last posts does continue. Last week i saw some videos and read up a bit on the work done by Vandana Shiva‘s Navdhanya and Satish Kumar and his work at Schumacher College. Infact, that India had a initiative similar to the Schumacher college in the form of Bija Vidyapeeth – Earth University made me happy :).
This 27min video of Vandana Shiva titled “Lunacy of economic growth” makes some very valid arguments. Apart from the content of the video what impressed me was the audience numbers (should be about a 1000) and their discipline. I doubt if she comes to IIM-L lets say today.. if even 10% of the junta would turn up ;).
There are generally two arguments about such alternative theories/methodologies of development that they are “anti-growth” or that they are “unrealistic/utopian”. Vandana Shiva’s video touches upon the “anti-growth” aspect and this 2008 interview of Satishkumar has this classic on the “unrealistic” part.
“Is my approach unrealistic?” he asks. “Look at what realists have done for us. They have led us to war and climate change, poverty on an unimaginable scale, and wholesale ecological destruction. Half of humanity goes to bed hungry because of all the realistic leaders in the world. I tell people who call me ‘unrealistic’ to show me what their realism has done. Realism is an outdated, overplayed and wholly exaggerated concept”
On the two documentaries
I also saw a couple of documentaries. The first one is Michael Moore’s Capitalism: A Love Story which was on my to-watch list from a long time. Its a pretty neatly made documentary. But like all documentaries sometimes it may seem way too biased.. selective distortion+selective attention+selective retention ? :P
Food Inc ofcourse is a far more depressing documentary. Some of it has got parallels with the Percy Schmeiser vs Monsanto case. This part of the story infact matches with what Vandana Shiva etc advocate too. Its a bit of a complex problem really which in laymen terms is as follows.. if you are growing cotton using your own seed (i.e., seed that you have saved which is indigineous to your farming techniques) and if pollen for a neighbourhood field having a proprietary seed based crop falls on yours and due to which slowly your crop may show traces of the proprietary gene… then the company owning the proprietary crop can sue you for patent infringement. Strange as it may seem the farmer then loses independence over his own seed. And that is something that is so fundamental to farming i.e., ownership over the seed. The issue is a lot more complex than this ofcourse .. but somehow it did trouble me a lot :( . This was one of the reasons for the birth of Vandana Shiva’s Navdhanya movement.
Some credit to Monsanto though. All this research partly was triggered by an ad of Monsanto i saw on Frontline which claimed that it was a Green company helping the farmers of the world get better yields .. address hunger and poverty etc.
Well.. who am i to judge really ! :)
DC++ bit
DC++ in this context actually means .. Democratic Companies++ :D. This was mentioned in the Michael moore documentary about why companies don’t seem to have more democracy these days and questioning if democracy and capitalism are two different things. He talks about two worker co-operatives in his documentary (i) Isthmus Engineering and manufacturing (ii) Alvarado street bakery. Now, for the last few posts i have been writing a lot about how co-operatives have interested me a lot. So, the mention of co-operatives in the documenatry made me happy. This nytimes article by an economics prof from UMAS also talks about the same. I sort of liked the concluding paragraphs of that article:
Frankly, the main reason I like worker-owned and -managed companies is largely ignored in the economics literature.They could help develop the democratic institutions and collaborative skills we need to manage our planet better, along with the plants we grow and build on it.
I agree. People seem to have a notion that this is a tried and tested and long dead thing. But i think ideas like this never die :) . My stand is vindicated by the fact that in the last few years .. after 2008 .. a lot of talk on this has gathered mileage again. I myself am a proof for this. Why would i be blogging about this if it was a long-dead thing ;)
PS: With that i signoff from my blog. Am not going to blog for a month or two now.









