Indian Economics Thread II

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Ash46

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Please don't pretend that the degree of societal segregation in India and China are in any way comparable. Guanxi does not stop a hardworking lower-class Chinese from improving his place in society the same way being born a dalit in India will.
You do realise that 23% seats in Indian colleges, government , hosptials etc are reserved for Dalits right?
I went to a premiere institute in India for my undergraduate and 23% of my batch mates were Dalits. Plenty of them are doing quite good and I'm in touch with them
Can more be done for them? Yeah sure but India is a poor country, life is hard for almost everybody. These caste thing will take generations to be completely cured but things are being done.
 

Ash46

New Member
Registered Member
.
Instead of acknowledging these as hurdles that your country needs to overcome you decide to downplay them and point out to everyone how rich you personally are. As long as that is the mentality of successful Indians it will always be a poor country.
I acknowledge the hurdles. And I have often said that india has quite a long way to go. Just look at my post history and you might realise that.
regarding salary, that was in response to the 56860 post that how I am a Jai hind pathetic person who only know to whine and not take concrete action. I got offended perhaps but that's because he did talk offensively and insultingly.
 

Ash46

New Member
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Please don't pretend that the degree of societal segregation in India and China are in any way comparable.
Nobody is comparing. India isn't on an equal level with china and prolly never will.

Also you seem to compare the two a lot. You do realise that there aren't really any country right not who is able to keep pace with chinese developement right? The Koreans have already started having record deficits. Plenty of Japanese companies going bankrupt unable to compete with the Chinese.
Same goes for german companies. Look at the losses posted by some german companies in wind sector. The German automakers are almost irrelevant in the Chinese market thanks to nev. The Chinese are killing it in almost every domain, every industrial category. And the momentum is just huge

If your point of reference for India is going to be china then only way India will ever do good would be do it best on the planet and that's won't happen. Why always shit on it because it's not as good as china. Heck one can say even usa is not good as china.
 

PiSigma

"the engineer"
I'm sure some Chinese people practice nepotism, but meritocracy is an integral part of Chinese culture. The civil-service examination has been an important part of Chinese society for thousands of years. Western societies, although problematic in many ways, are also mostly meritocratic.

Based on what I've seen, Indian culture is by far the most nepotistic culture in the entire world. Maybe it has something to do with the hierarchical tendencies of Hinduism. I've worked with a lot of Pakistanis and Bangladeshis, and they tend to be much less nepotistic.
No doubt any small pop and mom business practice nepotism like no tomorrow, but that is also why they are small companies. Any large company basically can not survive on nepotism. This rule applies to every country in the world.

My uncle offered me a VP position in Shanghai years ago, because I majored in what his company does, but got no work experience so I turned it down. Would I have been successful doing it ? Maybe, the team I would run is similar to the team I run now in size. But I don't have industry experience so I probably would have messed it up. Then it would his problem (CEO) to explain to the board how his VP messed up.
 

56860

Senior Member
Registered Member
Nobody is comparing. India isn't on an equal level with china and prolly never will.

Also you seem to compare the two a lot. You do realise that there aren't really any country right not who is able to keep pace with chinese developement right? The Koreans have already started having record deficits. Plenty of Japanese companies going bankrupt unable to compete with the Chinese.
Same goes for german companies. Look at the losses posted by some german companies in wind sector. The German automakers are almost irrelevant in the Chinese market thanks to nev. The Chinese are killing it in almost every domain, every industrial category. And the momentum is just huge

If your point of reference for India is going to be china then only way India will ever do good would be do it best on the planet and that's won't happen. Why always shit on it because it's not as good as china. Heck one can say even usa is not good as china.
My post was in response to you bringing up guanxi. China's guanxi and India's caste system are worlds a part in terms of limiting upward mobility.
 

PiSigma

"the engineer"
You do realise that 23% seats in Indian colleges, government , hosptials etc are reserved for Dalits right?
I went to a premiere institute in India for my undergraduate and 23% of my batch mates were Dalits. Plenty of them are doing quite good and I'm in touch with them
Can more be done for them? Yeah sure but India is a poor country, life is hard for almost everybody. These caste thing will take generations to be completely cured but things are being done.
Keeping seats for Dalits in itself is a problem. India is supposed to have got rid of caste ages ago, yet a Dalit is still kept seats for universities and government jobs.

What if there are some kid from a higher caste that is smart enough to get in but squeezed out of an opportunity by a less qualifies Dalit?

The key to meritocracy is a level playing field for all, regardless of family background and wealth. Not achieved anywhere, but good to have as a goal.

Like I'm not a fan of Chinese minorities getting a few bonus points vs Han in gaokao. But it's a bit more fair than leaving spots. Or needing higher points in Jiangsu, Hubei, Zhejiang than Beijing and Shanghai to get in a good school. The kids in Shanghai is absolutely idiots compared to some in Jiangsu but will get in the same school.
 

In4ser

Junior Member
Are you a kid or someone who hasn't worked in corporate to say that only Indians practice nepotism? Guangxi doesn't happen in China even a bit? Or you never met that kid who got hired because the director or manager is a friend of his dad in usa? Sure the level varies but every country has nepotism.

See this is what I got annoyed with. There are certain things that everyone does, but let the Indians do it and then say it's built into their culture.
The “tyranny of cousins” not exclusively an Indian phenomenon but the Chinese who have atomized their family structure with urbanization and especially one child policy to have largely destroyed the family clan structure that once existed especially in Southerners China. In time all cultures do change but with India it will probably be a lot slower as cultural traditionalism is deeply ingrained and reinforced by Modi government.
 

xypher

Senior Member
Registered Member
Like the Indian managers thing, you can make such a list of business failures under any ethnic group but nah . Xypher has a problem when it mentions chinese incompetent managers but you are fine as long as it reeks racism against Indians.
Except I said that the guy he cited is a white supremacist, i.e. his "conclusions" have nothing to do with real assessment of whether those Indians were actually good CEOs or not. As a support for that point, I mentioned that he basically said that all non-white CEOs "ruined" his companies, namely Chinese. As a matter of fact, some of the companies he mentioned hardly even "failed" - like HP.

As for anti-Indian sentiments on SDF, sorry but I'll be blunt and say that I have little compassion to Indians when they regularly shit on Chinese and are dreaming how they will kill Chinese then rape "chinki women" in their spaces. I used to defend Indians a lot against racist white posters on Reddit and other Western spaces because of naive "Asian unity" bs but after seeing that shit, nah, won't waste my time any longer. Btw, the fact that you can post there without getting slurred & banned and have people agreeing with you is a testament that SDF is a decently welcoming place. In fact, some pro-India posters who regularly talked shit about China did not get banned on SDF until they started going into full troll mode, can Chinese enjoy the same luxury on Indian defence forums? I somehow doubt it. I'd say that the level of hostility towards Indians on SDF is not even on the level that Chinese regularly "enjoy" on Western spaces, let alone Indian ones.

So yes, while some of the anti-Indian posts are excessive and I might not agree with them (like the one I replied to), I will not lose my sleep over that until Indians start policing their own spaces the same way. True, SDF is China-biased and there is nothing wrong with that, it's a breath of fresh air after millions of anti-Chinese forums and platforms.
 
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