read about this in the notebookreview forum today.
Amazing the most people would fall for the democratic fallacies and pay $1000 for an iPad
If you hang around I can see some robust exchanges coming up..............
So what about Indian's economy? It will be as big as American's in 40 years time, half the size of China's in 40 years time? Right now, in my impression, India is still a poor nation.
democracy not dictatorship maybe one of the reason my India in lagging behind China.
Comes down to culture perhaps.Actually most the commentary I have seen favors India over China longer term.
India having a higher degree of rule of law rather than rule of man as seen in China being a starting point.
Comes down to culture perhaps.
Are the Chinese or the Indians more industrious than the other, in the medium term?
Innate culture could determine the next world order.
Malcom Gladwell believes that the reason why Asian cultures are better at math than most other cultures is because people from Asian cultures have a long history of working harder. They work harder because for the last 15,000 years their culture has been based on the farming of rice, and farming rice is a very labor intensive crop.
"Chinese speakers get that list of numbers --- 4,8,5,3,9,7, 6 --- right almost every time because, unlike English, their language allows them to fit all those seven numbers into two seconds."
Actually most the commentary I have seen favors India over China longer term.
India having a higher degree of rule of law rather than rule of man as seen in China being a starting point.
I am starting to doubt the benefit of democracy...
Please excuse the 11 minute delay in replying to you @Dona Ferentes .... Three days of rioting over jobs spread over a dozen districts in Bihar, one of India's most backward states. More than 10 million aspirants had signed up for 35,000 jobs with the railways, India's largest employer.
Aspirants alleged that the hiring process was non-transparent and riddled with problems, including allowing those with higher qualifications to compete for jobs for less qualified candidates. Frustration led to anger and escalated to violence. Students allegedly stopped trains and set fire to coaches. Police fired in the air and baton-charged protesters. The railways suspended the hiring, and threatened aspirants with barring them from all railway exams in the future.
Bihar railways exam violence: 'We are graduates, we are hungry'
This week's violent protests shine a harsh spotlight on the worsening jobs crisis.www.bbc.com
Please excuse @Dona Ferentes delay in replying to you @GumbyLearner.
I am starting to doubt the benefit of democracy...
Not my preferred place to hope to get return ON capital. The interweavings and related party transfers so beloved of the subcontinental corporate structure scare me. And as for return OF capital !!I had looked at throwing a few rupees at the Indian markets some years ago but they forbad foreign investment.
Am I invited to a Progressive Dinner?Do you have an entreé?
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