@rahuprincess I didn't know you were Aussie going to read all of your tweets in an extremely strong Aussie accent as well now like I do with @stillalivegirl_
@iron_redux@Y40IFRQTTING I'd argue the richer is also just more and more of the economy falling under the purview of the market allowing a specific class to exploit it more. Enabled by the privatisation of the commons, and the creation of what polanyi called fictitious commodities, land labour and money
@iron_redux@Y40IFRQTTING Monetary terms richer but way less antifragile and at what cost? I'd argue india was in a better position in the 1960s/70s. my views are idiosyncratic, for eg I think industrialisation the way we pursued it was an error. People will argue we're richer but we're still v poor
Have often said Pax Americana is a one-way unhedged bet that Indian elites made in 1990s. It was a great bet then but has turned into a terrible albatross now because we got lazy and believed our own BS.
One invoice at a time, the empire has come to collect its dues.