Tuesday, April 13, 2010

A nice piece by Pratap Bhanu Mehta

on the infaltion issue here.
An excerpt

In part we are becoming victims of our own sophistication. In the old days, lines were clear. Government is responsible, and it better show it is so. Now, no intellectual, even on the pain of being right, could possibly say that. That is so seventies and so uncool. Better to talk of global trends, structural factors. All those matter, but the conduct of the state does as well. With government out of the picture, there is no object to fasten on. Poor old Albert Pinto’s tormentors were clearly visible: he could get angry at someone. We cannot get angry at our agriculture minister, since he has given us the best circus in town; we cannot get angry at the prime minister since he understands structural factors; we cannot get angry at the Congress president since she really does care about the poor through all these schemes; we cannot really get angry at any of the chief ministers since we might find our guy complicit as well. So Albert Pinto fends for himself, precisely because everyone is too busy looking after him.

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