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Correspondent

23 August 2024 at 4:29:04 pm

Chaos Diplomacy

Donald Trump has always understood one thing better than most modern politicians that markets respond to perception. In the grinding drama over Iran, the American president appears to have weaponised uncertainty itself. One day he hints at a diplomatic breakthrough with Tehran and signals the reopening of the Strait of Hormuz which causes investors to breathe a sigh of relief. However, hours later, he reverses course by declaring there is “no rush” for a deal and that restrictions will remain...

Chaos Diplomacy

Donald Trump has always understood one thing better than most modern politicians that markets respond to perception. In the grinding drama over Iran, the American president appears to have weaponised uncertainty itself. One day he hints at a diplomatic breakthrough with Tehran and signals the reopening of the Strait of Hormuz which causes investors to breathe a sigh of relief. However, hours later, he reverses course by declaring there is “no rush” for a deal and that restrictions will remain until Iran bends fully to American conditions. The markets wobble again Trump’s defenders may argue that unpredictability is a negotiating tactic. Henry Kissinger once cultivated strategic ambiguity during the Cold War. Richard Nixon perfected the so-called ‘madman theory’ to keep adversaries guessing. Yet Trump’s oscillations differ in both scale and intent. In recent weeks, analysts and ethics experts in the United States have raised uncomfortable questions about whether political messaging is increasingly shaping market volatility in ways that benefit insiders, speculators and politically connected traders. When geopolitical brinkmanship begins to resemble a financial instrument, public trust in democratic institutions erodes. Nearly a fifth of the world’s oil passes through Hormuz. A closure or blockade affects fuel prices in Mumbai as much as manufacturing costs in Shanghai or inflation in Berlin. Trump’s repeated shifts between escalation and reconciliation have had grave implications for India, which imports more than 80 percent of its crude oil requirements. Any prolonged instability in Hormuz translates directly into higher import bills, inflationary pressures and stress on the rupee while ratcheting prices of essentials. India has spent years carefully balancing its ties between Iran, the Gulf monarchies and the United States. Tehran remains important for connectivity projects such as Chabahar Port and for India’s access to Central Asia. But allies and adversaries alike are forced into a perpetual state of recalibration because American policy itself appears unstable. Trump’s Iran manoeuvring reflects a dangerous transformation in global politics, which is the merger of geopolitics with spectacle capitalism. International crises are increasingly consumed like market-moving entertainment. This may generate short-term leverage for him or even produce tactical victories at the negotiating table. Iran, under immense economic strain, reportedly agreeing in principle to surrender its highly enriched uranium stockpile is no small development. Yet diplomacy built on volatility carries long-term costs and lead to the weakening of institutions. Markets become addicted to chaos and chaos, once normalised, rarely remains controllable. The world’s largest economy cannot afford to conduct foreign policy like a reality television script, with cliffhangers designed to manipulate sentiment every news cycle. Great powers are supposed to provide stability, not amplify uncertainty for strategic theatrics. Trump may believe that time is on America’s side. But for an anxious global economy already strained by wars, inflation and fragmentation, time spent trapped in manufactured uncertainty is becoming increasingly expensive.

Parents, It’s Time to Wise Up

For two decades, India’s obsession with engineering and medicine has created not merely competition, but a generation burdened by fear, exhaustion, and borrowed dreams.

AI generated image
AI generated image

Roughly two decades ago, a new dream took hold across Maharashtra. Two words began to dominate the aspirations of countless households: “doctor” and “engineer.” Success came to be defined so narrowly that all other careers appeared secondary, even meaningless. From farmers in villages to middle-class professionals in cities, parents increasingly came to believe that their lives would feel fulfilled only if their children entered one of these two professions.


Driven by this aspiration, an enormous wave of JEE and NEET aspirants emerged across the state, especially in the Marathwada region. Burdened by the weight of these expectations, hundreds of thousands of children from rural areas flocked to cities such as Latur, Kota, and Hyderabad. Some parents mortgaged farmland while others sold jewellery to fulfil these aspirations. Some took out loans, while others, consumed by social pressure and prestige, tragically ended their own lives.


Faulty Assumptions

At the heart of this frenzy lay a dangerous social assumption: only those who cracked NEET or JEE were truly “smart.” Little thought was given to the dreams, talents, or individuality of other children. Few parents paused to ask what their children genuinely enjoyed, where their natural aptitude lay, or what kind of life they wished to build for themselves. The message was blunt and unforgiving: become a doctor or an engineer or risk being seen as a failure.


Uncomfortable Questions

Today, looking back, deeply uncomfortable questions arise. What became of those celebrated “toppers”? Where are the students who spent years rote-learning, attending coaching classes that cost lakhs of rupees, and chasing impossible scores? Why do we not see larger numbers of them leading the country’s great research institutions, producing groundbreaking scholarship, shaping public life, or driving innovation?


There are, of course, exceptions. But too often, what emerged was a generation exhausted by competition and conditioned to treat education as a transaction rather than a journey of discovery. Parents invested money; children invested their youth. Eventually, both expected returns.


Medicine ceased to be viewed solely as a service and increasingly became a business. Engineering drifted away from innovation and became synonymous with salary packages and placements. Children were not nurtured into complete human beings; they were trained to survive a relentless competitive race.


Even grimmer has been the psychological toll. Thousands of children saw their mental health collapse under the pressure of expectation and failure. Some slipped into depression. Others developed a permanent sense of inadequacy. Many, tragically, took their own lives.


This happened because society never taught them that life exists beyond the narrow confines of becoming a doctor or an engineer. There is dignity, meaning, and success in countless other fields like art, literature, journalism, agriculture, entrepreneurship, scientific research, sports, public administration, environmental conservation, technology, social work, and countless others. Yet instead of expanding children’s horizons, society has narrowed them.


Today, discussions about the JEE and NEET coaching industry revolve around paper leaks, financial irregularities, fabricated success stories, manipulative advertising, and the commercialization of parental anxiety. Yet the most important question remains unanswered: do parents truly understand their children?


Children are not slaves to their parents’ unfulfilled dreams. Their lives are not meant to become status symbols in society’s endless competition. Nor should their careers be reduced to salary figures and social prestige alone.


Every child is different. Each possesses unique strengths, interests, and ambitions. Yet society continues to force millions of children through the same narrow funnel of competition. The time has come for parents to pause and ask themselves an uncomfortable question: are we truly building our children up—or merely breaking them down?


For while not every child can become a doctor, every child can certainly become a good human being. Society must learn once again to value character over marks, curiosity over rank, and fulfilment over prestige.


Fifteen years from now, society may once again confront the same unsettling question: millions ran the race but how many truly found fulfilment? It is still not too late. Parents, at least now, it is time to wise up.


(The writer is a lawyer and president, Student Helping Hands. Views personal.)

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