Besides being acknowledged as among the best actors in the country, Aamir Khan is also reputed to have one of the sharpest minds in Bollywood. Having interacted directly with Mansoor Khan, Aamir’s cousin and the person who launched his career by directing the movie Qayamat Se Qayamat Tak, the students of GIM can readily attest that genius runs in the family.
Once again, the Ribandar Talks team swept us off our feet by bringing Mansoor Khan to give a talk about his book ‘The Third Curve‘. It is a stereotype of being ‘filmy’ that you are taken for being more style than substance but one can make no such mistake with Mr. Khan. Having been to some of the most prestigious colleges in the world such as Cornell and M.I.T., our guest speaker spoke of the ideas that shaped his book and the urgency of the message it contains.
Master director that he is, Mr. Khan first described to the audience the background in which his message is set. Dividing the modern age during and post the World War into ‘Paradise Times’ (until the ’60s when the sky was the limit), the ‘Ecological Collapse’ (since the ’60s till today where life systems have withered) and the age of the ‘Financial Collapse’ (the future, where money withers). He then went straight into myth busting mode when he said that the premise on which economics is based, that ‘money lasts forever’ is a false one.
|Mr.Mansoor Khan making a point to the audience
Mansoor Khan then drew an image of the ‘money onion’ and peeled off the commonly accepted layers of thought from it. These layers were centred around the following beliefs: ‘Money=Value’, ‘Value increases over time’, ‘Growth then compounds’, ‘Growth is forever’, ‘Technology will solve the resources and energy problem’. This stream of thought dubbed by Mr. Khan as ‘Perpetual Exponential Quantitative Growth’ is the lie.
Citing the theory of the ‘Hubbert’s Curve’ that governs resources, Mr. Khan gave us the shocking fact that the difference between peak discovery (when all the oil that exists was found) and peak oil (when the maximum rate of oil extraction was reached) was only 40 years. In fact, the concept of the stock market also follows the path of greed for growth with constant innovation to sustain it from fractional reserve banking, leveraging, options, the Black-Scholes derivative, and complex financial instruments.
Quoting famous lines such as ‘Growth for the sake of growth is the ideology of a cancer cell’ and ‘Anyone who believes that growth can go on forever is either a madman or an economist’, Mansoor Khan denounced growth in the form of money asthe new drug, and man as the drug addict. In his own words, ‘man is burning natural, technological, social, cultural, spiritual, and even ‘qualitative health capital’ to keep the economy of money growing’.
At the very minimum, Mansoor Khan gave the fascinated audience some things to think about. For the most of us though, he set us on the path of curiosity to find out just what ‘energetics’ was and understand what part we can play in this unfolding drama. ‘Coming down is certain, the pilot has to land with just one engine’, Mr. Khan said. ‘How to make that inexorable descent smooth is what we need to understand’.
From all of us at GIM, hearty thanks to Mr. Mansoor Khan for the message he brought with him, and applause once again to the Ribandar Talks team for introducing us to him.
|Mr.Khan with the Ribandar Talks team
To find out more visit: http://mansoorkhan.net/
Organising Credits : The Ribandar Talks team!
PS: Did we evoke any fond memories of talks from your time? Remember who came to campus when it was still at Ribandar and not Sankhli? Care to tell us who you would like to hear speak when you come to GIM?
Whether you are an Alumni or an Applicant, do tell!