Decision Making as Output and Bounded Rationality

  The classical economics theories proceed on the assumption of rational agents. Rationality implies the economic agents undertake actions or exercise choices based on the cost-benefit analysis they undertake. The assumption further posits that there exists no information asymmetry and thus the agent is aware of all the costs and benefits associated with the choice he or she has exercised. The behavioral school contested the decision stating the decisions in practice are often irrational. Implied there is a continuous departure from rationality. Rationality in the views of the behavioral school is more an exception to the norm rather a rule. The past posts have discussed the limitations of this view by the behavioral school. Economics has often posited rationality in the context in which the choices are exercised rather than theoretical abstract view of rational action. Rational action in theory seems to be grounded in zero restraint situation yet in practice, there are numerous restra

Invoking Krishna in the India-China Faceoff

The Prime Minister Narendra Modi made a surprise visit to Leh today. It was ostensibly in view of the ongoing tensions and recent clashes between India and China on the Ladakh border. The motive was to take note and conduct a first hand survey of the happenings and the ground position on the border. Besides, more prominent was to boost the morale of the soldiers serving on the border as their families back home are battling the uncertainty of Chinese virus induced flu. By all accounts, the visit seemed to have been a success. The PM’s communication skills and strategy were once again evident in full flow. There might be a talk of PM not visiting the actual border but there would be many reasons for the same including the problem of acclimatization.

 

Yet, what needs to be decoded is the communication of PM as he sought to send message to the aggressive moves of the neighbours. The PM’s speech was aimed at China without naming it and pointedly referred to India’s resolve in defeating nefarious tendencies of China and its suzerain Pakistan. One point emerged, described metaphorically perhaps but captures the Indian essence in perfection. PM referred to Indian love for bansuris of Lord Krishna as much as the love for Sudarshan Chakras of Lord Krishna. Implied in this powerful metaphor was India loves peace yet would not shirk away from action if pushed to the shove. Indian philosophy encompasses both peace and war and offers adequate justification for the both. In fact, Bhagvad Gita is the spiritual justification for use of violence for legitimate ends.

 

The perception that India is peace loving and believes in nonviolence and abhors violence in general is a very recent phenomenon. In fact, what was used in a specific narrow context has to sought to be generalized as an all-encompassing and guiding policy that in fact has made India suffer on more than an occasion. Nehruvian blunder was predicated on this premise. Whether Nehru was naïve or ignorant or genuinely believed he could convert the world into a universe of nonviolence, one does not know. However, one does know there were hardly any takers for his policy. Nehru for instance believed that Chinese Communist leadership given their long battle against Western backed powers believed in peace, anti-colonialism and thus would not seek gain territory from similar parties. It was the 1962 humiliation that finally brought him to reality by which time, it was too late. None of the Nehru’s friends adopted his policy. Mao and Zhou Enlai both used war and violence as legitimate tools to gain power, consolidate power and expand their territories. Sukarno of Indonesia did not hesitate to annex Bali or West Papua to Indonesia though they were not originally part of the country. Tito in Yugoslavia held the country only through force pandering to Serbian nationalism. Naseer in Egypt leave alone practice of non-violence vowed to annex and obliterate Israel before reality sunk him in the 1967 War. Incidentally, Nehru’s daughter herself did not believe in the same evident from her policies both at home and neighborhood.

 

Gandhian idea was rooted in a narrow context. It was to basically appeal to the moral sentiments of the British population which prided itself on freedom of expression, democracy and human rights of that era. He was seeking to place the British regime in a moral quandary often thus seeking to leverage the fight for independence. In fact, this would have been simply impossible to adopt the same against the Hitler or other dictators for whom the violence hardly posed any moral compulsions.  Incidentally, Gandhian policy of non-violence was not an original Indian idea. Contrary to the belief he did not borrow the idea from the Indian philosophical thoughts but from the Christian thought process. It was Jesus Christ who advocated turning the other cheek when confronted with violence. This had influenced Gandhi which he experiment with an Anglican British rule.

 

As one peruses the Indian epics and history, nonviolence hardly finds a place. Ashokan idea of Buddhism and nonviolence is more of recent invention and based fundamentally on his own edicts which have been discovered in the last century and half or so. Ramayana adovcates violence for legitimate ends as reflected in several episodes. Yet it is the last option that has to be exercised. The festival of Navaratri, Durga Pooja, Dusherra were essentially in celebration of a Goddess who battles against the evil through violent means. Deepawali celebrated Krishna’s victory over Narakasura is also about war. Puranas are replete with just wars. Mahabharata is again about battles being fought in different domains. In all these, there runs one common line of peace being the first intended objective and when it fails, the war is a must and has no substitute. This is completely at odds what Nehru and his supporters to the present make us believe.

 

When Modi invoked Krishna ( he did invoke Buddha too), he was making the point of reference to the vast India epic and other literature that deals extensively with war as a legitimate exercise. India’s victories did not come through advocacy of peace. Peace in the wake of aggression is symbol of weakness and ineptitude. The talk of peace sends a message to the enemies of being unprepared for the combat. In economics phraseology, loss of territory or inability to defend oneself perhaps yields greater satisfaction than the loss of lives in defence of their territory. In Broken Windows theory, it is essentially the beginning of the end of the country as we know it. In fact, the ancient epics point out to these fallacies though they might simply be unaware of what economics or sociology was.

In evocative phrases like Veer Bhogya Vasundhara, Modi was locating the Indian strategic dimensions to its ancient roots. The peace of the brave is very different from the peace of the meek. It is the former that was celebrated in the Indic thoughts while the ostensible modern adaptation of the same by the liberal ecosystem panders to the latter. Therefore, it is in this context, Modi’s timely reminder of the same sends a powerful signal as India prepares its next step in its response to China.

 

 

 

 

 


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