Showing posts with label imperialism. Show all posts
Showing posts with label imperialism. Show all posts

Tuesday, January 12, 2010

Religious Banking

Organised religions are becoming dangerously keen on meddling in everything and anything that is remotely connected with God. The newly evolving trend of religious banking (viz. Islamic Banking) is one such unwanted tendency with far reaching implications. Ever since we started witnessing competitive marketing of religious ideologies with a view to maximize converts and thereby capture political power, many such unhealthy tendencies have raised their heads. For the organized religions it is far more difficult to appeal to the rationale and spirituality of freedom loving human beings and hence the need to conjure up innovative ideas that may appeal to their basic instincts. Eating more food, seeking more pleasure, making more money and reserving their place in the paradise by heinous deeds are some of the catchy appeals that is drawing more of the lazy and lethargic. Nothing succeeds like success and the organizers are never tired of trying new avenues for religious conversion.

If religion and God are inseparable, religion and money must be immiscible if not repelling. There is no doubt that money is equally important as belief in God in today’s world but anything that attempts to see God in money is not only distasteful but unworthy of being propagated. Each intelligent freedom loving individual is trying to define the concept of God in his own way and mixing it up with money is the best way to spoil such laudable efforts. God who deals with money and talks about it is Man’s nemesis and not savior. How can an omnipotent energy that is spurring Man’s spiritual quest make him even think of one of the major causes of human worry? Making money, saving money and spending money are solely related to our mundane existence and it is much better to keep God away from such necessary evils.

Collapse of Dubai Banking

One of the best tragedies of mixing God with money is the collapse of Dubai. For quite some time, Dubai has been trying to achieve in a decade what others could do in a century. Be it the tallness of buildings or reclamation of land from the sea or increasing the number of tourists or organizing the biggest & best of events or announcing the biggest of projects, Dubai wanted to beat the world just by its desire and daring. The fact that it lacks human and natural resources did not deter Dubai from aiming for the very top at the fastest pace. It learned very early that tapping money from wherever it is available has got limits. The vast potential of Islamic Banking was a natural discovery in its further efforts to explore all avenues for keeping its money inflow open. A good number of rich but gullible individuals and institutions fell into the trap is something that all of us have learned now, though unbelievingly. Boost up bubble can only burst and Dubai banking bubble has finally burst.

The obvious way to ensure development in any system is by nurturing its positive growth trends. Many forgot the simple fact that the only ways to make money grow is by drawing interest or making profit by putting it to productive use. In an institution dealing with money viz. financial institutions, it is naturally by lending money for productive use of adding value to raw materials. The profit thus generated adds onto the principal and thereby generates growth. The only other age-old principle of money growth is by levying interest on it for keeping it dynamic. Stagnant money indicates death and no country or society can tolerate a dead economy. The concept of interest on money is definitely not anything evil but a time-tested noble method to guarantee growth of money even if it is not put to any productive use. Inflation is a necessary evil in any economy and interest is the natural protection against it.

Need of Dharmic Banking

Like in all aspects of life, anything that is unbridled and uncontrolled can lead us to the graveyard faster than due. The case of interest on money is another good example where moderation can sustain and excess can ruin. And more importantly, lack of it can also ruin. So interest on money is inevitable and indispensable, but must be applied on moderation. The concept of dharmic banking becomes very relevant in this regard. One of the four duties (and privileges) of Man (the other three being Artha, Kama and Moksha), Dharma has been defined as “that which sustains” and banking institutions based on dharma can make a lot of difference in a world full of inequality. As an example, imagine a system where A can get an agricultural loan at 5% interest and B can get the same loan only at 10% interest based on their inequalities. Interest rates in a dharmic banking industry can become instruments for closing the inequality gap in our society.

Many of our puranaas and scriptures contain reference to such a banking industry that once existed in our great nation. The concepts of gold loans, chitty kuries, pledging land for loans, farming on loaned lands etc., are remnants of a highly innovative and dharmic financial system that once prevailed. Money on interest was easily available in our country at varying interest rates for various applicants depending upon their status and purpose. That is why we could control upto 40% of the world’s GDP at one stage in the not-so-distant past. Money lenders were an integral part of our society carrying out their dharma in the best interests of the society with reasonable rates of interest. Then what went wrong was the intervention of a foreign value system that considers interest in anything as sin.

The concept of dharmic banking is not to be confused with that of any religious banking. It is not on the basis of any instructions from God or on the basis of do’s and don’t’s related to religious rituals. Financial institutions that follow the concept of dharmic banking must be capable of lending according to need and charging interest on loans according to the current economic status of the taker. Current economic status of the loan taker must be a definite criterion while deciding on the interest charges on his or her loan. It is by judicial and dharmic use of the best financial tool mankind has ever invented namely interest on money that we should bring in economic equality in the present world. Avoiding it and trying to bring in more returns by undue profiteering is definitely not intended by an omnipotent God. Such concepts are only part of some other sinister agenda being pushed on by imperialist forces.

Friday, April 03, 2009

Imperative Imperialism

In simple terms imperialism pertains to a desire to rule over the entire world. It can prop up in the mind of an individual or a group or a nation. Though imperialism is a hated concept in modern times its value as a perfect tool for propagation of any ideology cannot be overlooked. But for imperialism, Christianity, Islam and Communism would not have spread even a few square kilometers beyond their places of origin. Ideologies adopted by imperialism are carried by its physical and psychological components to unimaginable destinations in no time. If the physical components comprise of armies of warriors and missionaries who enforce and coerce unquestioned acceptance by fear or fraud, the psychological part is made up of mythology or make-belief stories. In India we are witness to this unending phenomenon even today in the form of Missionary proselytization, Jihadi terrorism, Maoist rebellions etc. One thing is common in all these – forcible propagation by imperial forces of the core ideology.

Forces of imperialism operate in similar fashion throughout the world. Rather it is the very nature of imperialism than the design of its users. Imperialism is usually the essential offshoot or necessary component of any ism or dynasty that has become powerful without enough fundamental strength in its foundations. Such ideological shortcomings are offset by shear strength of the forces of imperialism that come to be associated with them. And how do the imperial forces get associated with such weak ideologies? It is always the handiwork of some clever and shrewd individuals who will hide in history forever. Their reasons may be private and quite unconnected with the known highlights of the ideologies. As a very revealing example, we can cite the example of Communism that is being propagated by Maoists. If their real intention is Communism and Socialism we can never imagine the land of Mao ending up in its present form. But the imperative need for a dose of imperialism in defending and propagation of ideologies can never be overlooked.

Red-Roman-Arab Imperialism

We in India came face to face with imperialism when Alexander’s army knocked at our doors. Though Greeks & Romans lost the battle and failed miserably in their mission, the fact that they saw the splendor of India with their own eyes resulted in a saga of never ending desire to conquer India by any means. I believe that the half-cooked mythology about St.Thomas coming to India and existence of Christianity in India anytime before the advent of subsequent European colonizers are products of some highly imaginative minds of very recent generation of Indian Christians with such hidden designs. We gained nothing from these Roman imperialists but have consistently been targeted by the descendents of Roman empire. India is really writhing under Christian proselytization even today. The amount of money pumped into their harvesting business in India was about $ 400 million for the year 2008 alone. Our North East has already been overrun and missionaries are aggressively stalking the entire South India with victory in sight.

Arab and Communist imperialism came to India much later. Unlike their Roman counterparts, the strength of Arab and Communist imperialism is of very recent origin. Wealth of Arab imperialism is only one century old and Communist imperialists have never been rich. But their impact on India is increasing daily by leaps and bounds. All imperial forces want to have a piece of the Indian cake and they are playing their games well. While Communist forces are forcing in through Nepal, Arab imperialism has already gained much grounds in the coastal areas, especially Kerala. Billions of gulf money are being pumped into India for gaining grounds legally and illegally. The stake of Arab institutions in Indian companies and real estate is so high that they will soon be able to dictate the administration in several states of India. Emasculated Communism is already in power in a couple of Indian states and they can always join their masters if and when a Chinese manipulated revolution can work out in Indian soil.

Dharmic Imperialism

In the absence of a formidable imperial force backing an ideology it is almost impossible to survive the current century. This is true even if the ideology is fundamentally strong and can claim to have survived all these ages. Sanatana Dharma is one such religious ideology that has always been under threat and it is more so in the 21st century. There is nobody who has seen the whole universe with inner eyes than an Indian Rishi and there is nobody who has actually seen universe than a European adventurer. Yet when the European adventurers came in contact with the creations of Indian Rishis (in the form of scriptures and classics) their surprise was incredible. Thus started the advent of Roman and Arab imperialism in India which is aimed at nothing less than hijacking our heights of cultural heritage (they have already taken most of our material wealth). And the third one (Red Imperialism) wants to wipe out our heritage altogether so as to perpetuate poverty for Communism to feed on. So much has been willfully destroyed and much more smuggled out so far, but the fundamental strength remains same. I have no doubt that the current versions of these imperial forces will not back off till their goals are achieved.

In a way the weakening of Sanatana Dharma began at the battlefield of Kalinga War. When Arjuna was confused and felt diffident at the Kurushetra battlefield, Bhagawan himself could clarify his doubts and re-activate him to carry out his Dharma. Arjuna was categorically told that elimination of all obstacles in the path of Dharma is his duty and he has nothing to worry about. Bhagawan’s entire advice was recorded in Bhagavad Gita and made available to all future generations to live by. Yet Emperor Asoka failed to get the message properly and ended up repenting his doings as a Kshatriya. Degeneration of a society which was flourishing on the basis of Sanatana Dharma started at this moment. If only he had understood the real spirit behind the unparalleled advice from Bhagawan, the history of India would have been much different and glorious.

It is still not too late to change course and work towards regaining our past glory. The basic tenets of Sanatana Dharma remain rigidly intact and entire stock of its intellectual assets is still not completely unraveled. At any level of comparison, our Sanatana Dharma is indeed way above its competing religious ideologies. All that is required for its domination over the entire world is a vehicle of imperialism. It is not necessary to kill anyone or even apply any force. It is absolutely not necessary to deceive and coerce converts like the missionaries. The only effort that is required is unrelenting commitment to reiterate the concepts and ideals of Santana Dharma to as many people and as many lands as possible. So many agencies are already involved in this process. What is lacking is an imperial mindset to re-convert and convert as many as possible so as to re-establish the rule of Sanatana Dharma over the entire world.