But I was one of the people who cheered when AAP took on Mukesh Ambani. Suddenly everybody, the mainstream media as well as the social media, began to discuss the Ambanis and the gas-pricing issue—these are things that hardly anybody dared to even whisper about only a few months ago. We all remember how the news of the Ambani car crash in Mumbai was just blanked out. On this score, the Aam Aadmi Party has put a little steel into everybody’s spine. They identify themselves with the Gandhi cap, but going after industrial houses in this way is very un-Gandhian activity, and I’m all for it. I just hope it doesn’t end in a gladiatorial inter-corporate war, where a new monster takes the place of the old one. Mud-slinging and allegations about who has been bought over or bribed by whom is good entertainment, but the rot is deeper than corruption and bribery. The real problem as I see it is that the big corporations—Tata, Reliance, Jindals, Vedanta and several others—run so many businesses simultaneously. Mukesh Ambani is personally worth something like 1,000 billion rupees. But the Tatas, Vedanta, Jindals, Adanis are not all that different. Even if everything is completely above board there is a problem. Even if you are a hard-core classical capitalist you have to see there is a problem here. This kind of cross-ownership of businesses, this scale of profits—limitless profits—accruing to fewer and fewer people, the conflict of interest between corporates and the media—how can you have a free press that is owned and run by corporations? I understand that as a political strategy, AAP is singling out Mukesh Ambani and taking him on for the sheer spectacle of it. Having a 27-storeyed tower built as a personal residence—it’s hubris, he was asking, begging, to be taken down. But at some point I would be glad to see the problem being addressed in a more serious and structural way. Particularly since we are looking to AAP to put a few roadblocks in the way of what is being called the rise of Moditva—which is basically corporate capitalism fused with primitive fascism. outlookindia/article.aspx?289691
Posted on: Thu, 06 Mar 2014 12:36:18 +0000