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Showing posts with label mercantiist. Show all posts
Showing posts with label mercantiist. Show all posts

Saturday, 23 February 2019

Why should we shoot ourselves in the foot by not playing Pakistan?

by Girish Menon

Tarek Fatah (a Pakistan exile and Indophile) has often lamented the lack of strategic thinking among India’s elite who are obsessed with a mercantilist (baniya in Hindi) worldview. He opined that so long as the Indian intelligentsia was preoccupied with profit and becoming CEOs, the suicide bombers of Islam will always have an edge on the Indian nation. I was reminded of this viewpoint when I heard Vinod Rai the head of BCCI (Indian cricket board) say:

“Why should we shoot ourselves in the foot by not playing (Pakistan in the cricket world cup)? We should seek their ouster and remove them from the cricketing committee.” (Indian Express 23/02/2019)

I interpret Mr. Rai as saying that ‘we (the cricket-business complex) don’t want to take any monetary losses on an issue of grave national concern.’

So what will happen if this view prevails is that there will be a lot of jingoism in the form of advertisements, flag sales etc leading to the match and the business interests will count their profits while flaunting their patriotic fervour.

The BCCI is the cricket world’s dominant body. Also, it has a force-majeure national event (Pulwama blasts) that it could use in its defence for boycotting the Pakistan game. Despite all this power, and when other Indian sports bodies have taken a stand and paid the price, the failure of BCCI to boycott the Pakistan game exposes its mercantilist nature.

This pattern of behaviour is not unique to the cricket-business complex. Some Bollywood nationalists continue to peddle their wares in Pakistan with Manikarnika still showing in Pakistan cinemas.

There could be many other business interests that continue to do business as usual with Pakistan and still stoke the fires of revenge by the military.

This also reminds me of the NIMBY (Not in my Backyard) argument. These better off nationalists do not mind ordinary Indians being sacrificed in a military conflict with Pakistan so long as their own profits from trade with Pakistan continue uninterrupted.

I too am faced with a similar dilemma. I have a student of Pakistani origin who has a crucial exam coming up soon. Should I stop my tuition and stop him from excelling in the exam just to make a point? But as a trained economist I too have come up with an ‘on the other hand argument’ which satisfies my mercantilist worldview.