Thursday, August 16, 2012

The population myth

What's a constant and what's a variable? In an age when one can't even be sure of the speed of light, we at SC are comforted by one constant that cannot be challenged in theory or practice. The 'Olympic constant' is this magic number 30 lakhs, which is the ratio between the population of a country and the number of medals it won at the Olympics. It applies only to the US and only at the 2012 Olympics but is treated as a universal constant.
Let's take a moment to understand the significance of this constant. Given a medal tally, you can arrive at a country's true population. Why's that so interesting? Well, India's population, given the rich haul of 6 medals, stands at 1.8 cr, not 120 cr as reported in the media and by social scientists. What is really going on here?
This means that India has only 1 big city. Take another moment to digest that. Mumbai and Delhi are actually the same place. Bangalore and Hyderabad are of, course overtly the same city which is why you see a signboard that says 'Bangalore -->, Hyderabad <--' near the Bangalore airport. And all these 4 are the same. Throw in a Chennai and Kolkata if you want. All same. That's incidentally why that Chatur fool was playing a Tam but sounding Bong in 3 idiots.
Why would we have people believe India has a population of 120 cr when we actually don't have that many people? SC believes this has something to do with the growth story and wage rates. If people realised labour's actually in short supply, wages would increase, profits would come down, India'd no longer be an investment destination of choice. I mean we need to be ahead of China in something, no?

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