BlogSajikumar Nair

A serious economic miscalculation

How the poor become poorer while the government builds castles in the air. Lending money to businesses will not create retail demands. The absence of retail demands can only create a nightmare for debt-funded factories. Failed economies and failed US and European banks remain fine lessons.   When the government builds wider bridges, longer highways, posh airports, railway stations and bigger dams, it tries to create an impression of economic growth. A sad but bitter truth remains on the other side! The government seems to miss the real pulse of the economy, as it fails to see the requirements of the people.  Our economic system is still declining. Building new bridges, roads and dams won't multiply money in the hands of people. The post-Covid-19 scenario drilled a hole in peopl...

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BlogSajikumar Nair

Diverse democracies

Indian democracy goes the way of the Lincoln principle of "of the people, by the people, and for the people."  But do you think this is how you see or experience democracy? We may be the people who do not know the value of democracy, or we may be the people who choose to live discreetly under power, or are we the people who are claiming our rights? Democracy does not happen so easily. People's interaction and involvement are necessary to maintain it. We often hear people complain that our democracy is diminishing, but the reality is that democracies have always had their flaws. Either we are ineligible for it, or we are underestimating it, and there is no democracy left in the world that is perfect or free of a need for improvement. There is a time for all kinds of systems of gov...

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