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Tully’s Take on Meltdown Mess

DUBAI — Sir Mark Tully, BBC’s iconic voice and ex-bureau chief of BBC India rendered his voice at the ongoing Literary Festival talking about the reasons behind the financial meltdown and giving references on his latest book ‘India’s Unending Journey’.

“I am British by birth, but I am deeply influenced by India,” he said,terming greed, cultural confusion, silence of the professional and loss of spirituality as some of the reasons responsible for the gloomy economy.

“The present crisis the world is facing is because we have stuck to one road for too long, we have taken the certainty of market capitalism too far,” he said. Tully stated that in the Middle Ages, theology was the Queen who owned the throne, but economics has for long dethroned that queen.

“It is important to strike a balance between theology and economics. Heaven on earth will not be achieved through economic growth,” said Tully.

Tully said that he had an unending fascination for India. “Culture can never get rid of the culture that one is born and educated to. He can only be interested and influenced by it,” he said.

Tully said that due to the phenomenon of market capitalism, the voice of the professional, the voice of the teacher, the broadcaster and the doctor has been drowned by the voice of the manager. “There is a need to respect professionals again,” he said. He said that the concept of ‘Uncertainty of Certainty’ can lead to one taking extreme stands on economic decisions,” he said.

dhanusha@khaleejtimes.com

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