Wednesday, January 04, 2012

Chinese government's decision to curb television programming

 I am fascinated by the way Chinese leaders think to control everything be it the number of child their people can bear to the way to steam roll the economy. A couple of days ago I watched on You tube the story of ghost cities in China. To keep the growth rate hovering above 8 percent they have been building city after city but cannot find enough people to buy it. The reason is it provides work to the people. Its kind of a similar thing United States did to keep their economy surging. You artificially create jobs so people can get work and are able to spend the money and pay taxes. In an economy the faster the money circulates more money people seem to have. Well United States is paying a dear price for that. They created college courses and lower the standard of education so more people can get degrees. Provided soft loans so its easy to go to college and now they have abundance of unemployable graduates heavily in debt and whose education cannot provide them with the job they aspire. Now Chinese think tanks at the top are notorious for taking tough decisions no matter how unpopular they become. There are quite a few which might be unthinkable in the west but have provided fodder for the Chinese juggernaut. Like building world class universities to produce top Mathematicians, Engineers, Musicians, Athletes etc. Creating world class highway to transport goods. Investing in greener economy and the decision to keep the stupid television programming under check. Anyone who has watched enough television would agree that there is too much mind numbing programming on air and the worst thing is it sucks up your time and eviscerates your thinking. The reason so many civilizations go down after reaching a pinnacle is because their later generations get caught up in hedonistic lifestyle and I think Chinese leader realize that. Only the future will tell how successful this experiment is going to be.

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