Just today,
one of my faculties, in the dying stages of his class, was giving out not just
a terrible analogy, but a very ignorant one. His analogy went something like, “Just
like the Narendra Modi’s government has brought about the decrease in petrol
price, your engineering exposure too should make you less stupid (or more grown
up)”, which was in reference to one of my friends making a ruckus while the guy
was taking attendance.
Well, don’t judge
him on this analogy, because more often than not he makes sense in his class,
and he makes an effort to make them interesting too. But this analogy right
here, made me wonder. If somebody who is as educated, even though not in political
sciences but in engineering, as him, could have such an ignorant grasp of the
reality, then surely, there must be many more? Certainly the ones who put up
duck faces and click selfies all day, and still participate to argue about the
political order in debates with friends, acting like the condescending Sheldon
Coopers? Well these stereotypes are everywhere.
The
phenomenal fall in petrol price over the last few months has got nothing,
absolutely nothing to do with the new government’s governance, but rather is a continuum
of the global fall in the oil prices. Global Fall!
While there
are a few reasons that led to the global fall in petrol price, but the simplest
reason being a classic case of Supply and Demand, where the demand is far too
less than the supply.
*United States
domestic production has nearly doubled over the last six years, pushing out oil
imports that need to find another home. Saudi, Nigerian and Algerian oil that
once found a home in the United States is suddenly competing for Asian markets,
and the producers are forced to drop prices.
On the demand side, the economies of Europe and developing countries are weakening and vehicles are becoming more energy-efficient. So demand for fuel is lagging a bit (SOURCED OUT from Times of India)*
On the demand side, the economies of Europe and developing countries are weakening and vehicles are becoming more energy-efficient. So demand for fuel is lagging a bit (SOURCED OUT from Times of India)*
You can read that entire article here:(http://timesofindia.indiatimes.com/business/international-business/Oil-prices-at-5-year-low-What-is-behind-the-drop/articleshow/45866129.cms?utm_source=facebook.com&utm_medium=referral&utm_campaign=TOI)
Sometimes, it is not about knowing the right reasons, but about ruling out the wrong reasons. And I think, in today’s world, it has become increasingly necessary for us, voters, to be at the top of our game. We cannot let our guard down, and let ourselves be drowned in our own puddle of ignorance, however briefly it might seem.