Thursday, May 26, 2011

WHY RATAN TATA'S RECENT COMMENTS ARE NOTHING BUT CRAP?


I will never understand why the hell people cant mind their own business? And I never expected such crap from someone like Ratan Tata (RT). As we all know that he has recently commented upon Mukesh Ambani in his interview. RT has said that he cant fathom how can Ambani live in a multi-million $ house while so many poor people live in slums and on roads.

Big crap. This is what socialism does. A person isnot judged on his ability to create wealth by using his brain and business skills but on how he “gives back” to the society. Those who have read Ayn Rand will understand how socialism actually ends up making people poorer. Erstwhile USSR and our own country (pre-1991) is a testimony to this fact. But that’s not the topic here (I wrote on ‘Socialism’ earlier on my blog- (http://www.whatthefckisgoinon.in/2010/05/socialism-sure-shot-way-to-poverty.html). The topic is Ratan Tata’s comments.


(Image source - here )

Frankly, I don’t think someone like RT - who ‘overlooked’ the fact that Narendra Modi is often blamed for genocide of Muslims and established his Nano plant near Ahmedabad – should ask others to be holier than thou. Moreover, Ambani is free to spend his money the way he chooses to. He may build a multi-million $ house for himself or donate all of his money for charity – but that should be HIS choice; not society’s. To judge him on society’s moral codes is plain illogical and a big BS.

Its often said that poor people are kept poor because they are nothing more than votebanks for our “socialist” leaders. This reflects in our statistics:

  • · India has one of the largest no. of poor people in the world
  • · On some parameters, we are worse than some of the poorest African countries
  • · Millions die hungry while so much grain rots for lack of storage space
  • · Govts show no inclination towards increasing literacy rate etc

We all are seeing what happened in Singur when a communist govt. tried to acquire land forcibly w/o adequate compensation. Same thing is happening in UP nowadays.

Its not because of capitalism that people are exploited. Its because of the opposite. If some industrialist does ‘oppress’ workers (rarely nowadays), its his fault, not the system’s ; just as when terrorists strike, we don’t blame the whole religion(s).

I have often observed that most poor people aren’t really envious of or critical of rich ones. Its only those who think that its others’ duty to provide for them, to feed them. A prime example? Quota system. Instead of making an effort to genuinely uplift the oppressed people, govt doles out these quotas and further divides an already divided society. Moreover, its the "creamy layer" -the well-off people - who take advantage of these quotas and not the really deserving ones.

I disagree completely with Mr RT. In a logical society, everyone is free to live his life - his way. Only when there is no silly moral obligation to "give back to the society", people will indulge in these causes WILLINGLY. An example is UNICEF. They never ask people to donate out of "duty". They ask people to visit their website and give if they like. Not only that, they give you a full report on how your money was spent. Thats why I like and give to UNICEF. But I am totally against comments by Mr RT which are rooted in socialistic beliefs. Ambani's companies generate so much employment and wealth for millions. Hes already fulfilling his 'moral obligation'. To castigate him for that - is plain BS.

--

Cheers .........

11 comments:

nOt anyone you know said...

similar reaction when i first read it in the papers and then this talk show somewhere where this guy, some one respectable i am sure, says and i quote " if in the same country there is someone who creates a lot of wealth while there are others who cant then there is something fundamentally wrong with the system"

i promptly changed the channel.

Alka Gurha said...

Most of them are pseudos from Murthy to Tata.....The real picture is hidden.

Alka Gurha said...

Most of them are pseudos, from Murthy to Tata....

Mayank said...

Dude - i am sorry to say that this one doesnt work for me. Not for difference of opinion - you are free to have your own, just the way you espouse.
"RT has said that he cant fathom how can Ambani live in a multi-million $ house while so many poor people live in slums and on roads."
thats RT opinion and its just as fine as Mr Ambani right to do what he wants to do with his money. Its RT mind and his word.

"This is what socialism does. A person isnot judged on his ability to create wealth by using his brain and business skills but on how he gives back” to the society. "
Socialism is not giving back to society - period!

"who ‘overlooked’ the fact that Narendra Modi is often blamed for genocide of Muslims and established his Nano plant near Ahmedabad – should ask others to be holier than thou. "
That is such a atrocious argument. Are the plants set up for the state minister. Its for the people and why should the people of Gujarat be deprived in first place by your logic to developments?? by your own logic the market forces will decide what is right.. well RT chose what was right for his business. So why so much fuss then!

"An example is UNICEF. They never ask people to donate out of "duty". They ask people to visit their website and give if they like. "

Read about what RT himself and his organization has done for the society before taking his example as stating him asking others to contribute on moral grounds. There are enough examples of rich who now are seeking support in contributing to lesser society. you may not agree with the ways, thats ok but giving example of UNICEF website is super funny. Do you have any idea how much lobbying does UNICEF does - not with you ofcourse but governments and states to get funds.

Well as i said earlier, we agree to disagree but I think as good writer strong logic and arguments are necessary to make a point.

thanks for sharing - i continue being your regular follower.

Rachit said...

I agree with you that socialism depends on a person perspective. Also, we can't force anyone for charities. Even RT gave a big donation of some hundred crore recently to Harvard University when in his own country that amount would have opened more than hundred primary schools. Nice read :)

Blasphemous Aesthete said...

True, his money, his discretion in what ever pursuit he might think more appropriate investing in.

I sometimes wonder if it was Ayn Rand who first worded my thoughts or gave them firm footing in me, or was it already there, just waiting for the reason.

Great post.


Cheers,
Blasphemous Aesthete

DISGRUNTLED GENIUS said...

@Alka.. True.

@Rachit.. Nice eg. dude.

@BA.. Thanks.. Same reaction when i first read Fountainhead. Cleared my thought process.

Mayank said...

Looks like you didnt like my comments! Cant see them here.

DISGRUNTLED GENIUS said...

@Mayank

Always have published & liked your comments in all previous posts. But there were none in this one (except the last 1). May be some techno prob.

rainboy said...

I am an objectivist and totally understood what you wanted to say.

He was wrong in saying that.
As you say Ambani made that wealth , he has the right to do whatever he pleases.

grt post... keep it up .

Take care
The smell awaits you.

DISGRUNTLED GENIUS said...

@Mayank

I checked the spam comment folder. Your comment found its way there for some reason .. thats y it got unpublished. Normally non-anonymous comments dont go to spam so i dont check that folder. Blogger surprised in this case.

Anyhow , The Nano gujarat plant analogy was there to highlight y RT shouldnt be a 'self-righteous' smug with a halo over his head.

And you say, socialism isnt giving back to society? .. Strange. Enlighten me how.

As for UNICEF, they didnt lobby with me. They were logical. And I dont care abt what they do with others / govts.

-

@Rainboy.. Thanks dude.