The story of Mr. Rajat Gupta and for parents who want their sons to become investment bankers and their daughters to marry one!
I have been posting on my FB site about the recent story of the US pressing charges on Mr. Rajat Gupta for his involvement in insider trading. This story comes across as the striking story of neoliberal greed that has inundated India, particularly so because Mr. Gupta has been the poster child of success in the Indian landscape, depicting the markers of success along the lines that middle class parents desire for their children to model into. These markers of success are carried out in India by the trajectory of the IITs and IIMs, ultimately ending up with the ultimate job of an investment banker on Wall Street. The value of the investment banker for his parents lies in the markers of materialism he has achieved. This story furthermore gets gendered as we move ahead to complete the story: the parents of Indian girls in the marriage market desiring for their daughters to marry a hot-shot investment banker with all the material resources. This is of course then framed within the framewor...