OK, So Gurgaon is a new city filled with working people. Wait until the gimme dat grifters show up to be supported.
“But as my own country turns its back on the same global markets that transformed a rocky patch of farmland into a metropolis of two million souls, I can only hope that Gurgaon has many years of hypergrowth yet to come.”
Sounds like the author is taking a shot a Trump.
He says India has 150 million fewer people in poverty thanks to globalization, but fails to mention that the US has millions more due mostly to the same globalization.
As Trump has said, trade has to be a two way street. It’s great that India is doing better, but it shouldn’t be at our expense. I’m sure something more equitable can be worked out.
Countries that adopt capitalism and the rule of law sooner or later will achieve similar standards of living. Look at Japan, Taiwan, S. Korea, now even China and India are coming along. But that leveling has to be done gradually. If done too quickly it will cause huge social dislocations and unrest both in the developing countries and the developed ones. So it’s not a question of ending globalization, but of moderating it to reduce the level of dislocation. And I think that’s the point that Trump is making.
Made rich off the backs of the American people (just like China). The American political class has destroyed the country and made it into a debtor nation.
Without the US, China and India would be a bigger 3rd world shiite-hole then it is now.
Freedom. That’s how.
Later
The answer is very simple: American money.
Gurgaon is a haven for offshore IT resources. You know, the Indians you get every time you call a tech support hotline or try to get any programming done?
“Bangalore” used to be the verb used to describe the shipping of IT jobs to India. Now, I just say those jobs are going ... going ... Gurgaon.
Two million? only two million?
The nine coalesced cities in China’s Pearl river Delta have expanded into an area as large as Vermont and New Hampshire combined. The population has grown since 1990 to 68 million people.
The GDP of the Pearl River Delta makes it the 13th largest economy in the world, surpassing all of Russia that trails as number 14
It is a wonder how this country with 1.2b people manages to function, as a democracy. If this kind of growth continues, it will emerge as a force to reckon with. We should exploit the current friendly relations with this fast developing economy.
Great vid, great post..!
Too bad idiot posters have so much confidence posting about something they didn’t even see.
I thought this city was a great public vs. private development test case.