Ever since the beginning of the economic reforms mandated by the Washington Consensus, the gap between the rich and the poor has rapidly increased. Similarly, regional economic disparities are largest since Independence. The new jobs that have been generated require the skills that cannot be acquired by the poor, especially from the rural areas. Most educational institutions in rural areas do not have furniture, proper buildings, teachers, blackboards and electricity. They cannot afford computers even in their dreams. In this situation, the American Dream has no relevance for them. Maybe it can inspire the young people in higher income groups who can think of emulating their counterparts in the USA.
On a personal note, I am very happy to have discovered Girish Mishra’s site, having been an avid reader of his column in New Wave that used to be published from New Delhi many years back. Along with Girish Mathur’s articles, it used to be something to look forward to.
Girish Mishra has taught Economics at Kirori Mal College in Delhi and has been a voice of wisdom from the Left for a long time. It gives me a sense of deja vu to find his articles available on the internet.
I would urge you to bookmark his site and read the online articles at his site as well as the Znet site.