Sainath is a journalist with a difference. It is not just that he travels and writes from his experience. It is also that he is utterly incapable of integrating his experiences and hence, writes like a socialist club woman. He, in his shockingly offensive article, laments about the sad plight of workers and of the benefits which NREGA (National Rural Employment Guarantee Act) has showered on them.

Take a look at a person who invests $5 million dollars in bank for 10 years, and he earns (at 6%) $300,000 per year, a salary good enough for a 5 years exp project manager in America. You might say, that man is not working at all, and he is living off the interest. This is no labor, but here is the thing, he is deferring his enjoyment of those $5 million dollars. He is surely getting $300,000 every year, which is a quite a large sum of money and he is surely enjoying that too, but if he uses that $5 million dollars he can do a zillion things, he can buy a big house, a big yacht, a helicopter and scores of other things. BUT he is not able to do all those thing, for next 10 years. He is simply waiting, the 5 million dollars are right now being used by someone who needs it, and using it to make more money.
He is doing the labor of waiting. Continue reading

“I work for nothing but my own profit—which I make by selling a product they need to men who are willing and able to buy it. I do not produce it for their benefit at the expense of mine, and they not buy it for my benefit at the expense of theirs. I do not sacrifice my… Continue reading

Despite of the difference between basic democratic system of India and America there’s something very peculiar and common in between the politicians of the two countries. And that peculiarity is in the politicians being politically reasonable, but economically irrational. I am not one to suggest that most of the reasonably well-educated politicians are stupid or ignorant of fundamental economic principles. Yet I have seen that most of the politicians of India… Continue reading