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“13 million Indians will join the workforce every year from now till 2030. They know their prospects aren’t good. Here’s why: in the years from 1972 to 1983—not celebrated as a time of overwhelming prosperity—the total number of jobs in the economy nevertheless grew 2.3 per cent a year. In the years between liberalization in 1991 and today, jobs have grown at an average of only 1.6 per cent a year. But, if these young people have to be absorbed, then jobs must grow at least 3 per cent a year—almost twice the rate at which they have since liberalization. This is simply not happening. In other words, one out of every two youngsters who starts looking for a job next year won’t find one.”
― Restart: The Last Chance for the Indian Economy
― Restart: The Last Chance for the Indian Economy
“This is the kind of corruption we understand, the corruption of the petty clerk writ large, and so this is the kind of corruption we look for. This is the kind of guilt we expect and understand: personal, targeted, involving suitcases. We really need suitcases.”
― Restart: The Last Chance for the Indian Economy
― Restart: The Last Chance for the Indian Economy
“In fact, the anti-Muslim stance of much of Hindu nationalism can be construed as partly a displaced hostility against the colonial power which could not be expressed directly because of the new legitimacy created within Hinduism for this power. Such a dynamic would seem to roughly duplicate the displacement of Oedipal hostilities in the authoritarian personality.”
― The Intimate Enemy: Loss and Recovery of Self Under Colonialism
― The Intimate Enemy: Loss and Recovery of Self Under Colonialism
“By definition he [the writer] cannot put himself today in the service of those who make history; he is at the service of those who suffer it”
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“When I give food to the poor, they call me a saint. When I ask why the poor have no food, they call me a communist.”
― Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
― Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
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