Sunday, May 14, 2006

Tussle of the masses!

Last few months I couldn't but sit up and take attention of political and economic developments across both sides of the Pacific. I mean the U.S and China. Let me also slip in India.

The striking thing has to be - the tangles between the policies of governments and private companies operating in the land.

In China it all started with big software companies and search companies bowing down to the demands of the government in terms of censoring the internet. There was a lot of uproar against these decisions all over the world.

While in India it was the issue of reservation in the private companies which picked up a lot of dust and ate up lots of newsprint.

More recently in the US, some telecom companies had to provide a huge collection of phone conversation records of their customers to the government as a measure to sense the terrorist activity across US. I believe that there must have been lot of discomfort for the telecom companies to share this info. But this had to done.

From these developments, it follows that the corporate boardrooms across the world have now to start taking the local governments very seriously. Just as these companies have a great say in the political arena, the same holds the other way round.

But the interesting aspect of this entire tussle, is that both the institutions - Governments and the Companies - are democratically represented in many cases. While governements are represented by politicians elected by people, the companies also are in many cases controlled by corporate leaders hugely influenced by the shareholders.

Hence by making this fight more transparent I think the issues of concern can be addressed in the best of the best manner. By transparent I mean each institution be it the Governments or the corporate houses should garner inputs from all the stake holders to make the final outcome the best possible one.

Hmm do I have case here ?

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