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

Deepawali and Cultural Exports

The celebration of Deepawali brings in some ways culmination to the season of festivals across India. As 2020 nears it ends, the year has been of turbulence with the Chinese virus induced pandemic continuing to create havoc. Unlike in the previous years, without doubt, Deepawali would be muted in terms of celebrations and exchange of visits among families. Yet the festival continues to remind of the vast cultural depth in India and the unity that emerges across the diverse traditions. Each region or state have their own traditions associated with Deepawali yet across these diversities emerge a thread of unity that binds India together. India is not an artificial construct as many have sought to portray, but a cultural construct that existed for millions of years. Deepawali has now spread abroad thanks to the numerous Indians who have moved overseas for varied purposes. These Indians have carried their cultural traditions in many ways and these are reflected in the way these are celebrated across the world.

 

Deepawali celebrations are now occurring in the rest of the world. Reports of crackers being lit in a spectacle are coming from Dubai. Diyas are being lit in the Downing Street in London. White House and the US Congress too celebrate Deepawali. There are reports of celebrations from Australia, Germany and other parts of the world. Most of the times, it is the Indians who are living there lead the celebrations but the governments and the local communities too have often joined the celebrations. When one observes these reports, it is inevitable the Deepawali could be a smart cultural export across the world. In an earlier post, there was a discussion on the way forward for Indian cultural exports. As has been stated before, it is worth to reiterate the superpower status would imply a strong presence in the cultural domain. India has no option but to expand its cultural offerings across the world.

 

It is just not Deepawali that is something being celebrated or to be celebrated abroad. Many Indian festivals are ripe for cultural exports. These include public display of Lord Ganesha to Ram Lilas to Durga Puja pandals to Pongal Rodeos to Holi dance and colour splash. Furthermore it doesn’t in any way imply that these festivals would be celebrated only abroad. It would be good opportunity for cultural tourism. As many tourists would descend into the country to watch these festivals being celebrated, the spillovers in terms of culture and tourism are tremendous. Imagine Deepawali being celebrated in Ayodhya or other places through a display of crackers and lighting of diyas, Ramlilas or Durga Pujas or Garbha attracting tourists in the North or Bengal or Gujarat, or the Ganesha public celebration in Maharashtra and Northern Karnataka or Holi or Vrindavan or other places in the country or Pongal Jallikatu in Tamil Nadu attracting large number of people. These are precise exports that India should be targeting in the first place. There are many occasions where the Prime Minister has suggested directly or indirectly. In an economy supposedly driven by markets, the societal forces must take the lead rather than waiting for the government to follow suit. The government support can be indirect and tacit but the society must take the lead.

 

At this stage, it would not be uncommon to see a likely Hindu right wing reaction to these suggestions. The reaction would obviously be more pronounced in the social media, either in the public or the club sphere. The reaction would be the ban on crackers that takes away the glamour of Deepawali. In recent years the courts have imposed bans on environmental grounds. At best they have restricted the hours of bursting crackers taking the zing away from the celebrations. The typical reaction of Christianity as it expanded its footprints in Europe was either to adapt the pagan rituals into itself or denigrate paganism to the extent people abandoned the practices. As discussed before, the Broken Windows theory does give insights on why Hindus are becoming sensitive to these bans and reacting perhaps in some ways overboard. Yet the answer to these criticisms lies in simple reasoning and lies within than without.

 

The problem of cracker ban is indeed a serious one. There seems to be little justification for banning crackers only during Deepawali when it is allowed and celebrated on other occasions. The right to burst crackers is perhaps a fundamental right as much as it is to produce a fire-cracker. The problem was discussed at length through a Coasian formulation in this post. Yet, one must wonder what is preventing this from being resolved. The answer lies perhaps within the circles of what is described as the Hindu rightwing. There is simply no willingness to solve the issue. They seem to keep the issue alive. The issue comes into public discussion only in week or two before the Deepawali celebrations. The moment the celebrations are over, everybody forgets about it except for making some noise on Twitter. It is as if the RW fears irrelevance if it solves this issue. What is needed is the RW to make efforts to resolve it either through judicial means or legislative means through the rest of the year. There is no inclination either to demand a ban on cracker bursting in the New Year or during celebrity weddings thus taking the battle to the enemy camp. Unless the RW plans to take to court on banning New Year crackers, there would be no let off. Only when the other side gets affected, then the realisation will emerge. Moreover, the RW capitalist intelligentsia which is keen on funding number of studies have hardly commissioned any study on impact of crackers on environment in Delhi or other places. Neither there have been attempts to set up investment funds that would finance research and development in green crackers or those crackers who emit less pollution.

 

Moreover, there is no willingness to go for in public celebrations, a kind of an alternative to the existing celebrations premised on private or club good. Public spectacles of crackers bursting would bring people together, an element of bonding thus an important step in unifying Hindus while reducing the pollution. These spectacles are opportunities for tourism too. What the strategy would have to entail is the resolution of the cracker ban issue well in advance rather than waiting it for the last minute. This does not have to depend on the composition of National Green Tribunal or ascribing motives to it or its over-activism. If played smart, Deepawali would perhaps be a cultural export, the ability to execute exists but question marks do remain on willingness. The willingness must not come from the top but through a bottom up grassroots action. 

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