No surprises; it’s nationalism and not globalization that has created great nations over the years
Last month, the Obama Administration made it clear in no uncertain words that the companies which are recipients of money under the Troubled Asset Regulation Program (TARP) as part of the financial stimulus package will have to abide by the new restrictions imposed on outsourcing of work to destinations like India. For many in India, it was nothing but an obnoxious move on the part of a dogmatic Obamasque US administration seeking the easiest (but definitely counter-effective in the long run) way to fix the problems of the US economy rather than dealing with the real structural problems plaguing it. Intriguingly, however much one might criticise Barack, the reasons for which Obama has taken this path are the same that come into play when Indians or Chinese thump their chests when companies of their country’s origin go out and handsomely acquire a US or a Europe based company. The string that binds both Barack and us is fanatic economic nationalism, for our respective countries of course. Quite some time since the homo sapien race decided to exit forests and to materialize the concept of society, the concept of ‘he’, ‘his’ people and ‘his’ land have always been more important than ‘they’, ‘their’ people and ‘their’ land. Evidently, this philosophy hasn’t changed much till date. So, from the era of hostility between Sparta (present day Greece) and Troy, when Achilles decided to fight for his bête noire Agamemnon, the Spartan king, because Spartan ‘pride’ was at stake, to the era of the British, French, Dutch and Spanish empires, when they often fought prolonged and violent battles keeping imperial interests in mind, it was all the same nationalistic fervour in play.
In fact, the time-line between the beginning of the First World War and the end of the Second World War and furtheron after it, has been the most intriguing period in terms of the transformation of nation states into nationalistic states. While four established empires – namely Russian, Ottoman, German and Austro-Hungarian – were washed away by the tides of the First World War, this period also witnessed the emergence of the violent form of ethnic nationalism which almost destroyed the world with the rise of the German Nazis and their fanatic obsession with the obliteration/subjugation of Jews and in fact anyone who – according to them – was not a pure Aryan.
Last month, the Obama Administration made it clear in no uncertain words that the companies which are recipients of money under the Troubled Asset Regulation Program (TARP) as part of the financial stimulus package will have to abide by the new restrictions imposed on outsourcing of work to destinations like India. For many in India, it was nothing but an obnoxious move on the part of a dogmatic Obamasque US administration seeking the easiest (but definitely counter-effective in the long run) way to fix the problems of the US economy rather than dealing with the real structural problems plaguing it. Intriguingly, however much one might criticise Barack, the reasons for which Obama has taken this path are the same that come into play when Indians or Chinese thump their chests when companies of their country’s origin go out and handsomely acquire a US or a Europe based company. The string that binds both Barack and us is fanatic economic nationalism, for our respective countries of course. Quite some time since the homo sapien race decided to exit forests and to materialize the concept of society, the concept of ‘he’, ‘his’ people and ‘his’ land have always been more important than ‘they’, ‘their’ people and ‘their’ land. Evidently, this philosophy hasn’t changed much till date. So, from the era of hostility between Sparta (present day Greece) and Troy, when Achilles decided to fight for his bête noire Agamemnon, the Spartan king, because Spartan ‘pride’ was at stake, to the era of the British, French, Dutch and Spanish empires, when they often fought prolonged and violent battles keeping imperial interests in mind, it was all the same nationalistic fervour in play.
In fact, the time-line between the beginning of the First World War and the end of the Second World War and furtheron after it, has been the most intriguing period in terms of the transformation of nation states into nationalistic states. While four established empires – namely Russian, Ottoman, German and Austro-Hungarian – were washed away by the tides of the First World War, this period also witnessed the emergence of the violent form of ethnic nationalism which almost destroyed the world with the rise of the German Nazis and their fanatic obsession with the obliteration/subjugation of Jews and in fact anyone who – according to them – was not a pure Aryan.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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