Emergic: Rajesh Jain's Blog

Emergic: Rajesh Jain's Blog header image 4

Entries from November 2010

The Deadly Arms Game – Part 3

November 10th, 2010 · 1 Comment

Naturally, weapons manufacturers thrive in a world of armed conflict. They are not alone, though. Arms dealers also have a similar interest. After real estate, spectrum licences and mining rights, arms deals are an excellent way to siphon away massive amounts of money. Remember Bofors? It caught the headlines for a while but was only […]

[Read more →]

Tags: Uncategorized

The Deadly Arms Game – Part 2

November 9th, 2010 · 8 Comments

Around the time of the Kargil war in July 1999, this is what Atanu Dey wrote in an article entitled “Dollar Auctions and Deadly Games“: One enlightening model of human behavior is the so-called “Dollar Auction” which illustrates the sort of trap that conflicts can lead to with costly consequences. This auction proceeds much as […]

[Read more →]

Tags: Uncategorized

The Deadly Arms Game – Part 1

November 8th, 2010 · 3 Comments

As Obama comes to India, we are waiting to give many US companies large defence contracts. The New York Times last Friday, in an article entitled “Wealthy and Worried, India Is Rich Arms Market,” wrote: India, flush with new wealth but worried about its national security, is rapidly turning into one of the world’s most […]

[Read more →]

Tags: Uncategorized

Blog Past: Corruption in India

November 7th, 2010 · 5 Comments

I wrote a 5-part series a year ago. From the first in the series: Politics has become a way – and perhaps the only way in India today – to amass unimaginable wealth in the shortest possible of time. Of course, entry to the club is becoming increasingly difficult because politicians have realised that getting […]

[Read more →]

Tags: Uncategorized

Weekend Reading

November 6th, 2010 · 1 Comment

This week’s links: Letter to the Next Big Social Network: by Dave McClure, on how to take on Facebook. Are you a Pirate? by Michael Arrington. “If you haven’t started a company, really gambled your resume and your money and maybe even your marriage to just go crazy and try something on your own, you’re […]

[Read more →]

Tags: Uncategorized

Happy Diwali

November 5th, 2010 · 2 Comments

Diwali is once again upon us. With money flowing freely, it is easy for us to get lured into a false sense of optimism that “All izzz well” in the country. Over the past couple weeks, I wrote about Corruption because I see that as the biggest impediment to us building a better India. When […]

[Read more →]

Tags: Uncategorized

Corruption Stories – Part 9

November 4th, 2010 · 20 Comments

Narendra Modi’s Gujarat is a shining example of a state that has put integrity and development above everything else. And this is not just me saying it. During my travels in recent times, when I speak to people, they all unanimously hail what he has done for the state. “If only we could get Modi […]

[Read more →]

Tags: Uncategorized

Corruption Stories – Part 8

November 3rd, 2010 · 4 Comments

Corruption is a cancer that eats away at the fabric of a society. That has what has happened in India through the years since Independence. We let our standards drop. It must have started slowly – like a frog being boiled.  Those in power condoned the first actions of the corrupt, thus lowering the bar […]

[Read more →]

Tags: Uncategorized

Corruption Stories – Part 7

November 2nd, 2010 · 1 Comment

When I opened the morning paper recently, I read about the price of an MLA – Rs 25 crore. I was not that surprised. It has often been mentioned that the price of an MP was about Rs 200 crore. Given that there are about 7 assembly constituents in a Lok Sabha constituency, the maths […]

[Read more →]

Tags: Uncategorized

Corruption Stories – Part 6

November 1st, 2010 · 6 Comments

I said in my last post that the rot starts at the top. Look at our beloved Prime Minister. He presides over a Council of Ministers where the whole nation except him knows that the Telecom Minister has presided over a scam that has cost the nation Rs 1,40,000 crore (nearly $30 billion). His government […]

[Read more →]

Tags: Uncategorized