Live data from Hacker News

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

bloomberg.com

41–50 of 113 posts

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

#41
post #28

Earlier quoted context omitted.

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

Yeah, but neither of these create a community where you'd want to come back. It's a sign of economical progress, but is it what makes you enjoy the life in the country?

Isn't the normal process: economic development -> social change? Economic development can happen within 5-10-15 years, while the second one usually takes 2-3 generations, so 40-60 years.

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

#42

It is interesting to see Indians talking of themselves and India as a separate entity. Now, I am fine with people moving out of the country and I can understand the appeal. A lot of problems in India have been long solved in the west and there are problems which are unique to India. But it is hypocritical to blame the ills on "India" as if it exists without it's people. Citizens make a country and they are equally re…

While in general it's true, and probably applies to India, I'd like to point out a major gap in your analysis: external factors.

North Korea is basically propped up by China. If China would stop backing the regime, either the local citizens or intervention from South Korea could make the regime collapse overnight.

Eastern Europe had regimes enforced by the USSR. Same story. See 1989 (luckily for these countries).

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

#43

It is interesting to see Indians talking of themselves and India as a separate entity. Now, I am fine with people moving out of the country and I can understand the appeal. A lot of problems in India have been long solved in the west and there are problems which are unique to India. But it is hypocritical to blame the ills on "India" as if it exists without it's people. Citizens make a country and they are equally re…

> Citizens make a country and they are equally responsible whether they like it or not.

Can't agree with equal responsibility. Children, for example, are not.

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

#45
post #29

Earlier quoted context omitted.

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 sh…

Why wouldn't the police take a sample of the meat for lab testing and evidence?

It would seem to be a crucial piece of motive for the mob crime; it's also unlikely that the man killed was solely responsible for the entire chain of killing, butchering, and transporting the finished beef product, so other people may be implicated as well, etc.

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

#46
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.

If you want things better for India (and the world) work to reduce the power of the City of London and the banker criminals therein. They are the ones who quietly rule the world and pick winners and losers.

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

#47
post #43

It is interesting to see Indians talking of themselves and India as a separate entity. Now, I am fine with people moving out of the country and I can understand the appeal. A lot of problems in India have been long solved in the west and there are problems which are unique to India. But it is hypocritical to blame the ills on "India" as if it exists without it's people. Citizens make a country and they are equally re…

> Citizens make a country and they are equally responsible whether they like it or not. Can't agree with equal responsibility. Children, for example, are not.

These children grow up to be adults, who are by extension also not responsible. No one is "responsible" for these impersonal processes.

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

#48
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-…

Looking at the comparison for Kerala, I really feel sad and worried. It doesn't look like much improved for my state during this period. And everyone likes to talk about Kerala being number one!

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

#49
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)

To me, the unique aspect of that docu was the "banality of.." perspective. About from a quirky sexual liberalism, the teachings were standard fare for a religion. The phenomenon was also unremarkable, the the grand scheme of things. The world is full of holy men, holy places, masters and devotees. It always has been. Any religion with a an origin story features a story like this. The old Hebrew/jehovist religion cent…

Re: Buddha, a rich man bankrupted himself in order to donate a huge park to the Sangha: https://en.wikipedia.org/wiki/Jetavana#Donation_of_Jetavana
Post reply on HN