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The Billionaires and The Guru: How an Indian Family Burned Through $2B

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Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#21
post #4

As someone who left India for the US, this article gives me pause as to whether things have actually changed in shining New India or if it's just a facade with air conditioning. More specifically, I'd like to move back at some point and I'm not sure if I ever should.

> More specifically, I'd like to move back at some point and I'm not sure if I ever should.

Things have improved in general. But it is impossible to answer this question without knowing more about your expectations.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#22

Earlier quoted context omitted.

Those who don't think the way you do are not "aggressively stupid", they just have other interests. That kind of dismissal doesn't help anybody.

Personally I see it as an existential observation rather than a dismissal. On the whole, the actions of both the voting public in many countries, let alone the politicians that they vote for, do seem to be displaying an increasingly aggressive level of stupidity. Or possibly, if not stupidity, one could more accurately call it apathy.

Think of it the other way: for some people, the public has voted very stupidly for a long time, and now they are starting to get straight.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#23
post #7
post #4

As someone who left India for the US, this article gives me pause as to whether things have actually changed in shining New India or if it's just a facade with air conditioning. More specifically, I'd like to move back at some point and I'm not sure if I ever should.

Nothing has changed. The govt. has gotten better at media manipulation, and/or the media has decided it is easier to get into bed with the govt. Reliance Jio Institute has been declared an "institute of eminence" on par with IISc, and above many IITs. The industrialists hailed demonetisation. Ordinary citizens have few opportunities to enter the stock market, since it is inundated with foreign institutional investors…

IITs attract the best students because of the opportunity it provides. But on its own is it know for it's academics? Do they carry out high calibre research?

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#24
post #8

And here I thought that "Wild Wild Country" on Netflix was too crazy to be true and something like that would not happen again. (*fixed typos)

Trust me, you haven't seen anything at all.

It's funny that people are downvoting you for your manner, but frankly speaking that's exactly the reaction I had to the post.

"Too good to be true"? You're joking, right?

There's loads of people in the world with a high enough status, but who still are gullible enough because they never really had any deep relationships. Be it friends, lovers or family.

That's exactly the kind of weaknesses upon which people build religions.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#25
post #14
post #4

As someone who left India for the US, this article gives me pause as to whether things have actually changed in shining New India or if it's just a facade with air conditioning. More specifically, I'd like to move back at some point and I'm not sure if I ever should.

You probably shouldn't. I'm in a similar situation and although back home there are all these fancy cafes, relaxed and familiar environments and great people, the significant differences become apparent only in crisis. When it comes to police, ambulance or just having safe food, safe streets and competent government, there's a sea of difference, although it's easy for me to sit at a Hard Rock Cafe back home and think…

Isn't getting a Hard Rock Cafe just a more upscaled version of having McDonald's move in your town?

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#26
post #4

As someone who left India for the US, this article gives me pause as to whether things have actually changed in shining New India or if it's just a facade with air conditioning. More specifically, I'd like to move back at some point and I'm not sure if I ever should.

I don't share the negative sentiments expressed by others in response to your question. I think things have changed significantly for the better. I'll leave you with these two images - you can decide for yourself if anything has changed: https://www.nasa.gov/sites/default/files/thumbnails/image/in... https://www.nasa.gov/sites/default/files/thumbnails/image/in... Source: https://www.nasa.gov/feature/goddard/2017/new-…

These two images don't answer the "if it's just a facade with air conditioning" question.

This just shows that now there are more airconditioners there (well, lights).

Parent was explicitly trying to differentiate between more money/technical change and different mentality.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#27
post #7
post #4

As someone who left India for the US, this article gives me pause as to whether things have actually changed in shining New India or if it's just a facade with air conditioning. More specifically, I'd like to move back at some point and I'm not sure if I ever should.

Nothing has changed. The govt. has gotten better at media manipulation, and/or the media has decided it is easier to get into bed with the govt. Reliance Jio Institute has been declared an "institute of eminence" on par with IISc, and above many IITs. The industrialists hailed demonetisation. Ordinary citizens have few opportunities to enter the stock market, since it is inundated with foreign institutional investors…

To be fair, being from a Russian family and having re-watched quite a few news programmes from the 90s I was amazed at how liberal the media was back then. I did not expect that.

It's absolutely not the case anymore, but I can definitely say that the quality of the TV production was raised significantly. Well, you know where the money goes to.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#28
post #14

Earlier quoted context omitted.

You probably shouldn't. I'm in a similar situation and although back home there are all these fancy cafes, relaxed and familiar environments and great people, the significant differences become apparent only in crisis. When it comes to police, ambulance or just having safe food, safe streets and competent government, there's a sea of difference, although it's easy for me to sit at a Hard Rock Cafe back home and think…

Isn't getting a Hard Rock Cafe just a more upscaled version of having McDonald's move in your town?

Considering how India started 6-7 decades ago, after centuries of colonial rule and impoverishment, merely having McDonalds would be a great difference.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#29
post #4

As someone who left India for the US, this article gives me pause as to whether things have actually changed in shining New India or if it's just a facade with air conditioning. More specifically, I'd like to move back at some point and I'm not sure if I ever should.

there's no better time to come back. Do come. Its about what you can create in the world's largest democracy. Are we the only country with constitutionally guaranteed Right to Privacy ? come and build. Oh and that goes for everyone else too. We have a lot of American, Brit and Chinese founders building successful startups in India.

The difference is that the Americans, the Brits, and the Chinese can leave any time they want. I've talked to a few Indians and that tried to defend the mob that killed some guy for allegedly coming beef. More embarrassingly, they defended the police for taking a sample of the questionable meat for lab testing to check if it was beef.

I can forgive the mob. Maybe things get heated and people lose their minds. They should all go to prison for life but I can forgive them once the sentences are handed. I can never forgive the police for taking a sample of the meat to check if it was beef.

Democracy doesn't mean anything without rights of the minority. Not because you like Muslims. You can totally hate Muslims and still support basic decency of life for people of that faith.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#30

Earlier quoted context omitted.

Personally I see it as an existential observation rather than a dismissal. On the whole, the actions of both the voting public in many countries, let alone the politicians that they vote for, do seem to be displaying an increasingly aggressive level of stupidity. Or possibly, if not stupidity, one could more accurately call it apathy.

Think of it the other way: for some people, the public has voted very stupidly for a long time, and now they are starting to get straight.

Or politicians are starting to deliver on their stupid promises.
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