This post is my immediate response to what I read this morning – one of the sons of Rupert Murdoch is happy with the two billion dollars (tax free, I am sure) he got from his father, and he wants no more.
Oh,
just two billion dollars? He is going to be on the streets in about a week or
so. Let us contribute to his welfare, if only someone started a welfare account
in James Murdoch’s name.
No,
the above is not an appropriate start for what follows, but I had to grab the
attention of the rare visitors to this space.
What
is wrong with the one-child policy that China had adopted some decades ago? In
recent times though that policy has not been officially withdrawn (read George
Orwell’s 1984 and you would find how
difficult it is to make truth an untruth, particularly in these days of cloud
storage), it has been allowed to die a natural death.
What
is the reason behind China’s flip-flop on this? The proximate cause has been
the realization that the demographically declining working-age population will
be over-burdened for supporting the economically unproductive demographically
increasing parent population.
But,
I am all for one-child policy.
I
am sure this happens within the so-called “Undivided Hindu Family” – a fight in
sharing the”spoils” of hereditary property.
About
more than a decade ago, the Government of India got involved, in some measure
or the other, by naming a person to mediate between two brothers of a very rich
family, the patriarch having amassed that fortune by means fair or foul. Just
imagine, had that one-child policy been operative in India, retrospectively by
about three or four generations (definitely from before India gained
Independence), such a fight would not have come to pass.
But
prior to this example, there was an Indian media baron who had to divide his
property between two sons (I am not aware whether he had a daughter, unmarried
at the time of dividing his assets); each brother went his own way with the
loot from their father.
Do
not be under the wrong impression that here we are talking about only the
obscenely rich. No, it happens to and within every family. It is only that the
numbers are not eye-catching; hence do not deserve headlines and/or government
arms-length arbitration.
I
understand – correct me if I am wrong – Rupert Murdoch has at least four children.
I have no idea what James Murdoch’s siblings are doing with their loot, except
that one of them (the eldest and the heir apparent) is running his father’s
media empire (much reduced from its heyday).
If
only the patriarch-Rupert Murdoch, if anyone should have had any doubts as to
who I am referring- had only one son, that son would have had control of all
the billions of dollars, not just a sliver (two billion dollars is just a
sliver in the rarefied atmosphere these people play their games).
Yet,
there is some benefit to having more than one child – at least a tiny portion
of a fortune could be going to some liberal causes.
How
so, you ask. Read further, please.
To
end this post, I wish to apologize for the sensationalistic scenario I sketched
out in the beginning. To his credit, James Murdoch is resigning from his
position in the organizational structure of Murdoch’s empire, is concerned
about the spread of illiberalism and has floated some organizations to promote
liberal thinking, in whatever way he thinks of it.
I
wind this post, if not with a salute to, at least with the grudging
appreciation of what James Murdoch is trying to do.
You
seem to be on the right track, James; more power to you, but do not let that
get into your head. Don’t let the demon of illiberalism take hold of you.
Raghuram
Ekambaram
2 comments:
I guess not many people would be as open as James Murdoch to acknowledge their privileges. On the one child part, I observe, that the people who can afford more children don't do so and those who can't afford more kids, have more kids. Like, not having kids is such a low hanging fruit in fight against poverty. But when you are poor you have so little to protect and cherish so your bloodline becomes dear maybe? It's a confusing behavior which I haven't put much thought into.
Thank you very much "unknown". It is a disease afflicting humanity, not acknowledging one's circumstances of life. It takes time, I suppose; like Bill Gates pledging to give away much of his wealth quite late in life.
I wonder if you would share in this space further thoughts that come to you along these lines. It will be my privilege to read them.
Raghuram Ekambaram
Post a Comment