‘Human Capitalism’: My interview with Pragati magazine
Tuesday, January 6th, 2009
I sat down for an interview with Nitin Pai, the young, dynamic editor of Pragati, who also blogs at The Acorn. The talk we had was fun, long and involved, thanks in large part to a very thoughtful questioner.
Nitin: How would you define India’s national interest? When we posed this question to Jaswant Singh, he said it was the preservation of the resilient core of Indian society that is the heart of India’s national interest, because it is Indian society that keeps the wheels turning whatever is the political structure of the state. According to K Subrahmanyam, India’s national interest is to ensure high rates of growth, alleviate poverty and ensure good governance.
Me: Anything that we can do to make the country stronger, more equitable, more secure, more fair and which can truly leverage the extraordinary opportunity—that would be the national interest. The definition of Indian society is amorphous and is prone to multiple interpretations. My view is that it is very rare that nations get an opportunity to lift a billion people out of poverty. And due to a confluence of events that I have described in my book, we have a truly extraordinary opportunity that comes once in a millennium. It is in our national interest to make the most out of that opportunity and achieve economic independence and fulfilment for all our citizens—doing that would automatically address the other challenges that we have.