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India has surpassed Japan to become the fourth-largest economy

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Re: India has surpassed Japan to become the fourth-largest economy

#41
That electric train is a nice image. India has plenty of opportunity to take advantage of cheap solar power and push cargo around the state with it. They are adding more electric vehicles by the day, which will help places like Delhi become more breathable, though the last time I was there, farmers were still burning the fields, causing a lot of air pollution in Delhi during the burns. The manufacturing base is improving, so you can buy relatively cheap vehicles.

Your money goes further in India. Their tax collection is pretty weak, so they print money to fund government spending which usually means higher inflation than we're used to in the US, but they're starting to get a better return on their infra spending as the country is lifted up via the use of the most recent tech (trains, smartphones, fiber, solar, battery, etc...).

It's been fun watching the country and region develop over the years. They still have a ways to go, and in some ways I think I'll miss the old chaotic India. You don't find cows wearing decorative garlands in downtown Chicago or New York. I bet whatever India transforms into, it'll hold some of it's unique charm. That's my hope anyway.

Re: India has surpassed Japan to become the fourth-largest economy

#42
post #29

Earlier quoted context omitted.

California has a population of 40M people, India 1.4B+, so surpassing California shouldn’t be surprising as India rapidly develops.

California wasn't colonised but india was for 200 years by Europeans

Who do you think named it "California?" It sure wasn't the natives.

Re: India has surpassed Japan to become the fourth-largest economy

#43

Earlier quoted context omitted.

The alternative is stagnation. And if you think that zero sum economy would favor you over corporations and billionaires, I have a bridge to sell you.

And if you think humanity is making it past ~2100, I have some carbon credits to sell you: https://www.sciencedirect.com/science/article/pii/S001632871... Growth über Alles / the race to consume everything we can in our spherical petri dish with the same level of awareness as mindless bacteria, will be the end of human civilisation, regardless of anyone's economic beliefs.

Turns out love your neighbor was incredibly valuable advice.

Re: India has surpassed Japan to become the fourth-largest economy

#44
post #29

Earlier quoted context omitted.

California has a population of 40M people, India 1.4B+, so surpassing California shouldn’t be surprising as India rapidly develops.

California wasn't colonised but india was for 200 years by Europeans

> California wasn't colonised

Yes it was.

Re: India has surpassed Japan to become the fourth-largest economy

#45
post #23

Earlier quoted context omitted.

Human rights? This is growth driven by sheer number of people and greed. Not really what you want as your template.

Japan may have better human rights now, but was not the role model in the WW2. People are an important component of growth. Japan is facing aging population negatively impacting their GDP. What is greed for you? Building companies in the hope of becoming millionaire? If yes, then all the big economies have followed this path. Even China and Japan were greedy in that sense.

You can have growth without greed. This might sound crazy these days but you can build things and do things that make money and actually benefit people rather than exploit.

Re: India has surpassed Japan to become the fourth-largest economy

#46
post #29

Earlier quoted context omitted.

California wasn't colonised but india was for 200 years by Europeans

And they managed to end slavery and the caste system while they were there (that unfortunately came back as soon as India got independent again). No need to thank the “Europeans”. You’re welcome.

Slavery by whom? Whites and Muslims?

Re: India has surpassed Japan to become the fourth-largest economy

#47
post #39
post #29

Earlier quoted context omitted.

California wasn't colonised but india was for 200 years by Europeans

How would you describe the arrival of people from Europe and elsewhere into what is now California?

I meant extraction of resources by Europeans for 200 years. C

Re: India has surpassed Japan to become the fourth-largest economy

#50
post #46

Earlier quoted context omitted.

And they managed to end slavery and the caste system while they were there (that unfortunately came back as soon as India got independent again). No need to thank the “Europeans”. You’re welcome.

Slavery by whom? Whites and Muslims?

No, by Indians.

That’s why, still today, India is the country with the most slaves in the world, continuing their long tradition of the practice: https://en.wikipedia.org/wiki/Slavery_in_India

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