We Should Foster Richness Rather Than Poverty As a State of Mind
If we accept that aspiration drives growth, higher aspiration should drive faster progress
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Prefer us on GoogleLast Updated: Oct 04, 2013, 06:40 IST1 min
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Rahul Gandhi was perhaps on to something when he said some time back that poverty is a state of mind. What he did not elaborate on was how this state of mind has become the guiding principle in Indian political discourse. Politicians love poverty, since it gives them endless opportunities to tax everybody and everything and focus on pork-barrel schemes to “alleviate” this condition.
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It is with this attitude in mind that we present this luxury special where we focus on The Best Things Money Can Buy, among other things. For what is the purpose of being rich if we can’t aspire for something? If we accept the reality that aspiration drives growth, higher aspiration should drive faster progress. Striving for the best things in life creates a hierarchy of material and non-material needs that, ultimately, delivers a virtuous cycle of continuing progress. But here’s the surprise: While looking for luxury and richness, we found less vulgarity than we expected to find. Even for those who can afford to spend and splurge on the priciest things in the world, the driving force is not just the desire to own things, but to be who they really are. As we said, rich is a state of mind.
And while we are on the subject of richness and wealth, this issue also brings you the Forbes 400—a listing of the wealthiest billionaires in the US, many of whom have joined Warren Buffett in the Giving Pledge. The truly evolved Super Rich believe not only in splurging but also in giving it away.
Best,R JagannathanEditor-in-Chief, Forbes IndiaEmail: r.jagannathan@network18online.com Twitter id: @TheJaggi
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First Published: Oct 04, 2013, 06:40
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