Quote from: ltseung888 on August 17, 2017, 05:23:59 PM
Can India have a faster pace of development than China?

1.  Can India develop the Super Silicon Valley Mentality and treat everything as third class?  Then strive to turn them into second or first class?
2.  Will India forget or bypass the unnecessary polluting Industries?
3.  Will India avoid wars?
4.  Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5.  Will India be able to overcome corruption and adopt the Singapore Model?
6.  Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7.  Will India be able to use the Internet for the best education and spread of "real" information?
8.  Will India be able to gear its production both for exports and internal consumption?
9.  Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology.  Will India be able to overtake in technology, technology and technology?

1.  Can India develop the Super Silicon Valley Mentality and treat everything as third class?  Then strive to turn them into second or first class?

The Super Silicon Valley Mentality was first developed in USA when the Computer Companies reverse engineered each other's products.  The Mentality is essential in that cut-throat competitive environment.  Scientists and Engineers will not contend to be second-best.


I worked closely with many Indian Engineers  since the 1970s.  Almost all engineers of all Nationalities were subjected to such mentality.  We reverse-engineered products.  We debated on possible improvements.  We worked for long hours.  We discussed issues over pints of beer. 


I am absolutely certain that some of the Indian Engineers I worked with also developed the Super Silicon Valley Mentality.  Many went back to India and developed their impressive IT industry inside India.

Quote from: ltseung888 on August 17, 2017, 05:23:59 PM
Can India have a faster pace of development than China?

1.  Can India develop the Super Silicon Valley Mentality and treat everything as third class?  Then strive to turn them into second or first class?
2.  Will India forget or bypass the unnecessary polluting Industries?
3.  Will India avoid wars?
4.  Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5.  Will India be able to overcome corruption and adopt the Singapore Model?
6.  Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7.  Will India be able to use the Internet for the best education and spread of "real" information?
8.  Will India be able to gear its production both for exports and internal consumption?
9.  Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology.  Will India be able to overtake in technology, technology and technology?

2.  Will India forget or bypass the unnecessary polluting Industries?

China is suffering from the bad effects of the polluting industries.  At one time, China was focusing on low cost production.  The toxic wastes were just dumped into the rivers.  The polluting exhausts or smoke were simply released into the atmosphere. 

The car industry was developed without regard to pollution and traffic jams.  Now, China is considering High Speed Rail as a better solution.  Much more attention is paid to subway trains, light rails, traffic-jam free cities, shared cars and bicycles etc.

Solar and Wind energies are given high priorities in China.  India will not ignore such.  India depends on imported oil more than China.  It must examine all energy sources more carefully.

The area of India is much smaller than China.  The population is roughly equal and may surpass that of China soon. Polluting the environment will have a more harmful effect...

Quote from: ltseung888 on August 17, 2017, 05:23:59 PM
Can India have a faster pace of development than China?

1.  Can India develop the Super Silicon Valley Mentality and treat everything as third class?  Then strive to turn them into second or first class?
2.  Will India forget or bypass the unnecessary polluting Industries?
3.  Will India avoid wars?
4.  Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5.  Will India be able to overcome corruption and adopt the Singapore Model?
6.  Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7.  Will India be able to use the Internet for the best education and spread of "real" information?
8.  Will India be able to gear its production both for exports and internal consumption?
9.  Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology.  Will India be able to overtake in technology, technology and technology?

3.  Will India avoid wars?

At the back of the mind of many Indians, the 1962 defeat by China is a humiliation that must be revenged.  It is similar to the Opium War when China was humiliated by the British.  China no longer seek war with Britain or the West.  But China wants to show that it is better than the West.  (Even many of us who studied and worked in the West for many years harbor that thought.)

Hong Kong was a British Colony for 99 years.  India was a British Colony longer than that.  At one time, the British Ruling Class enjoyed many special privileges.  Even some parks had the sign that "Chinese and Dogs are not allowed".  Some British questioned why the Hong Kong Chinese were not grateful for the Civilization, Knowledge, Religion, Law and Order, Democratic Values, Science and Technology know-how.  Some British claimed that Hong Kong became an important Financial Center because it was under British Rule.  During the Cultural Revolution in the 1960s, many Chinese Refugees crossed the Border to settle in Hong Kong.

Now Hong Kong has been returned to China.  To our delight, the Chinese Economy developed rapidly.  Have we forgotten the "Century of Humiliation"?  It was one of the strongest driving forces.  That driving force is one of the reasons behind the rise of the Dragon.

My guess is that the 1962 humiliation suffered by India provides a very strong driving force.  It is helping the rise of the Elephant.

The ruling elites of both China and India do not want war.  But the citizens can be easily incited to do stupid things.  Few would like to see an all out nuclear war.  But many Indians want to have a "controlled war of revenge" as judged by their news media.

The Think Tanks from both China and India should now step onto the stage. Avoid war at all costs.

Quote from: ltseung888 on August 17, 2017, 05:23:59 PM
Can India have a faster pace of development than China?

1.  Can India develop the Super Silicon Valley Mentality and treat everything as third class?  Then [font=]strive to turn them into second or first class?[/font]
2.  Will India forget or bypass the unnecessary polluting Industries?
3.  Will India avoid wars?
4.  Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5.  Will India be able to overcome corruption and adopt the Singapore Model?
6.  Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7.  Will India be able to use the Internet for the best education and spread of "real" information?
8.  Will India be able to gear its production both for exports and internal consumption?
9.  Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology.  Will India be able to overtake in technology, technology and technology?

4.  Will India develop the Five Year Plans and go for the good elements of State Capitalism?

The old style of Five Year Plans without computers relied much on humans and often unreliable information.  They were "great leap forwards" of faith.  Now the many what-if scenarios can be played out.  The progress of any project can be monitored.  Compensation money can be deposited directly to the Bank Accounts of the affected families and traced.

The teachings of Market Forces from the West are now discredited.  The 1997 Asian Financial Crisis showed that "crocodile speculators" from USA could destroy entire economies.  The 2008 World Financial Crisis showed that Greed of some Investment Bankers could rock the fundamental financial trust.  The subtle and unpublished 2016 attack on RMB drained one Trillion USD of the Chinese Currency reserve.  Fortunately, China finally realized that it did not need to play by the unregulated Forex Exchange Rules.  China can ignore the speculative market forces and specify its own RMB Exchange Rate.

India must have learned the lessons.  Its massive infrastructure plans are long term.  It does not seek funds from IMF or World Bank.  It will print its thin-air money to develop such infrastructures.  It will not rely on Exports to generate the needed capital.  It will learn, copy and improve the required technologies.

India knows that it needs both hands – State Planning and Private Entrepreneurship – to move ahead.

Quote from: ltseung888 on August 17, 2017, 05:23:59 PM
Can India have a faster pace of development than China?

1.  Can India develop the Super Silicon Valley Mentality and treat everything as third class?  Then strive to turn them into second or first class?
2.  Will India forget or bypass the unnecessary polluting Industries?
3.  Will India avoid wars?
4.  Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5.  Will India be able to overcome corruption and adopt the Singapore Model?
6.  Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7.  Will India be able to use the Internet for the best education and spread of "real" information?
8.  Will India be able to gear its production both for exports and internal consumption?
9.  Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology.  Will India be able to overtake in technology, technology and technology?

5.  Will India be able to overcome corruption and adopt the Singapore Model?

Corruption occurs when there is financial or other interests involved.  The worst is group corruption.  Some developing countries learned the printing of thin-air money.  They let it out of control.  Instead of using the thin-air money to generate more Meaningful Economic Activities, they destroyed the "trust" in such papers.

The old corruption in Hong Kong and China would affect the lives of ordinary citizens.  For example, in the 1960s, if you want to get a driver's license, you have to give a hundred Hong Kong Dollar Bill to the examiner.  If you were a street hawker, you had to pay a small sum to avoid arrest.  The illegal businesses (prostitution, gambling and drugs) were protected by the Police.

In the 1960s in China, everyone was poor.  There was not much money changing hands.  But when China opened up in the 1980s, there were few controls.  The sons and daughters of Senior Officials were encouraged to go into Business.  They could obtain Bank Loans via their connections.  Soon, enterprising individuals or companies found that if they could connect to such Princelings, their businesses would flourish.  The 1989 student protest was a result.

The Communist Party realized that they must develop the economy at a fast pace to hold on to power.  Officials were promoted according to their ability to generate wealth.  Official went out of their ways to attract investment and foster economic growth.  One example was my friend receiving a phone call at 11pm at night from Officials working on the application of his proposal.  I asked: "It is 11pm now.  Does Chinese Officials work this late?"  The reply: "They are more like business partners."

Nowadays, Corrupt Officials are afraid to show their wealth.  They and their relatives dare not drive expensive cars, wear luxury jewelry or own mansions.  If they were photographed, their careers will suffer.  What is the point of corruption when one cannot enjoy it?

India is in a similar phase.  The Internet Technology in India is advanced.  India is moving in the direction of the cashless society.

Corruption can be traced easily.  Most politicians realized that they could help their sons and daughters to enter into legitimate businesses. That helped the economy.

Singapore is a good example of State Capitalism.  The Government is actively helping the private sector with information, connections, funding and policies.  Officials are well paid.  If they were found or suspected to be corrupt, they would be "finished".  Singapore is a small place with nowhere to hide.  It is better to be clean and help the private sector (including friends and relatives) to become wealthy.  It is legitimate and respected.