The Oxymoron of our times


From the heart of all matter
Comes the anguished cry
Wake, wake, great Siva,
Our body grows weary
Of its law-fixed path,
Give us new form
Sing our destruction,
That we gain new life…

                                                                                             Rabindranath Tagore

               (Translated from the Bengali original)

The media remains flush with dire tidings. About persisitent US unemployment. About the Euro zone crisis. About faltering growths in the BRIC economies. On screen debates and coffee table discussions waft around how to get back to the old ways of Capitalism fuelled growth.

We remain witness to cycles. The boom and bust. The shortening of product and business cycles. The rapid changes of technology and society. As I muse, I visualise the ebb and flow of human endeavour. Of our  knowledge and  creativity. Of our  follies and emotions. I see the movement, at once intuitive and playful, of the flowing curves and trends. I see economic and social aspirations as energy, unfolding and folding within itself. I see oscillations between  active and dormant states. I start to see Creation and Destruction….

I think of Creative Destruction, a concept by Joseph Schumpeter that has often resonated with me. Schumpeter saw human advance as a “perennial gale of creative destruction”. He likened it to the Darwinian natural selection to secure the “survival of the fittest”. What Schumpeter envisioned was the economy and society constantly regenerating from within by shedding old and failing businesses and social structures as it reallocates resources to newer, more productive ones.

I do see the path that Creative Destruction has taken in times gone by. As steam powered factories and looms closed down to give way to those with electric power. As did the horse drawn carriage give way to the automobile on the roads. And more recently, how the digital revolution squeezed out the traditional photography and music industries.

A machine perennially ON, creating that which is ‘new’ as it destroys what is ‘old.’ Like Lord Siva’s Rudra Tandava ( Dance of destruction) in Hindu mythology. Like the proverbial phoenix, rising from the ashes of that which no longer serves. And as it rises, it creates new Capital, new Thought, new Man. I see unstoppable movement. To stop would mean stopping change, evolution, progress. To stop would mean the inevitable decline.

But as I muse, I start seeing how Creative Destruction is failing today, just as it succeeded in centuries gone past.

As the old “debris” is destroyed, the ground needs to be cleared for the new to arise in a sweeping upward motion. This of course presupposes that both creation and destruction take place within the same society, winners and losers standing close and people gaining in other ways as they lose in some.

The grandeur of those great American auto towns in Detroit and the tens of thousands who worked in and around have surely gone with the wind, not to return. But as these jobs got destroyed in that area, many other value added and differentiated opportunities did arise, if not within the state, at least within the US itself. So Creative Destruction did work…….but this was last century.

Cut forward to our era of Globalisation and we see the Information and Technology outsourcing leading to near elimination of that industry in many parts of the world. Jobs destroyed in fact get created somewhere half way round the world, never to return. And with this we have been witness to the near destruction of the very communities from which they emanated

Whole countries and regions are becoming long term losers through destruction versus others becoming winners through creation. In this globalised age, the integrity of the oxymoron ‘Creative Destruction’ is being torn apart, way beyond what Schumpeter could have visualised.

And so I come back to the aspect of how the current global crisis looks through the lens of Creative Destruction. Are governments the world over in fact doing all the wrong things through politics? As they bail out top-heavy banks. As they subsidise inefficient businesses. As they prevent natural job losses. By doing these, has the world willy nilly shortchanged creation itself? And sowed the seeds of Capitalism’s own destruction?

In learning…..

Acknowledgement: Prophet of Innovation: Joseph Schumpeter and Creative Destruction    by Thomas K. McCraw, 2007.

Democracy: The way ahead


Where the mind is without fear and the head is held high
Where knowledge is free
Where the world has not been broken up into fragments
By narrow domestic walls
Where words come out from the depth of truth
Where tireless striving stretches its arms towards perfection
Where the clear stream of reason has not lost its way
Into the dreary desert sand of dead habit
Where the mind is led forward by thee
Into ever-widening thought and action
Into that heaven of freedom, my Father, let my country awake.

Rabindranath Tagore
Gitanjali, 1912

 

I sit comfortably ensconced, watching disparate events in News Top 20.

From Arab spring incidents to the Euro zone crisis. From dissent against health care reforms in the USto sit-in dharnas against nuclear power plants inIndia. From strident social activism against corruption by Anna Hazare and his citizen group to Wall Street protests.

The kaleidoscope and colour of humanity, its endeavours and its challenges are so very dynamic, it never ceases to fascinate. But could there be a common thread through all this? Are these seemingly unconnected events but symptoms of some deeper unified malaise?

As I set about making sense of it all, I am confronted with myriad aspects. Those that range from democratic yearnings of the disenfranchised. To anger against increasing disparity.  To democracy itself struggling to sustain itself in the face of a fast changing twenty first century world.

But is Democracy the ultimate panacea to deliver quickly on all things desired for the new aspirants in the Arab world? And as the  fiscal deficits start biting, would the much vaunted democratic freedom of the  developed world  in fact allow it to climb down to the economic and social levels of the developing world? Or would democracy be hijacked by activist groups to further fuel unrests and force Governments to hold onto status quo which they can ill afford? Are we not seeing this happening in the recent political developments inGreece,Italyand elsewhere? I reflect on all such and other questions.

Thoughts flit through my mind. Could our challenges be stemming from a democratic deficit? The issues are many. First and foremost, is Democracy in a position to cope with technology empowered individualism of this century? How do we sustain democracy when people lose contact with their elected representatives? What can make-up for Governments’ loss of control and decision making in the face of Globalisation? And how can Governments come to terms with the increasingly powerful role that media can play?

I am no political pundit but nonetheless would risk offering the following “helicopter view” recipe.

  • Get back to the roots of Governance and face to face      interactions with people. Be it through panchayat empowerment, community      hall meetings or tribal jirgas.      We need to recognize one size or shape does not fit all.

 

  • Foster values to re-connect people to Democracy and      the political process. And how does one do that? By giving equal standing      to Citizen groups for proposing policy options and shaping dialogue. We      need to create those spaces which would allow people to get fearlessly involved      and know that their thoughts are respected.

 

  • Shift our perspective of Media from its perceived      “Government challenge” role to that of a democracy enabler facilitating      information availability and public involvement in policy making.

 

  • Inculcate attitude in the Government to actively      listen to and acknowledge the individual. The challenge is huge but encouraging      online communities may be a way forward.

 

At this point in History, a millennium beyond the Magna Carta, can we provide the next scallop by accepting the paradigm that Democracy continues to be a work in process?  Until we are able to awaken ourselves in Tagore’s “heaven of freedom… where the mind is without fear and the head is held high”?