Sometimes I get worried about the money power that is so visible in
Businessmen grease palms with money and get things done which ordinary citizens find impossible, and politicians use money to buy or liquidate their opponents. No political party can survive without funds of different hues. And so on.
‘Quotation Raj’ (paying a price to beat up or kill a man or torch his house or kidnap someone) rules the day. The goon world is used even by the major banks to twist the arms of, say, a poor citizen who defaults a Rs.10,000 installment on a house loan.
The Reserve Bank of India (RBI) has recently brought in regulations to control such criminal methods used by financial institutions, but how effective they would be remains to be seen. This might sound pessimistic but the banks could even offer ‘bill collection service’ to its customers at low charges. After all, they already have the infrastructure.
It is good to have money. Like these anonymous lines say,
‘Money is honey, my little sonny,
And a rich man’s joke is always funny.’
But what prompted me to write this piece was another poem. Though it mentions
Wealth, howsoever got, in
Lords of mechanics, gentlemen of rakes;
Antiquity and birth are needless here;
‘Tis impudence and money makes a peer.
This was written three hundred years ago by Daniel Defoe (1660 – 1731).