RBI Overheating India’s Economy: On Materialist Greed Fueling Ceaseless Consumerism

A phenomenon as massive as the global coronavirus pandemic, which ran from 2020 to 2022, is bound to have major economic ripple, or wave, effects in its wake. India’s record high 9.2% growth of GNP in the 2023-2024 fiscal year illustrates the robust thrust of pent-up demand met with increased supply. To the extent that consumption over savings is the norm in any economy, a couple years off can subtly recalibrate economic mentalities to a more prudent economic mindset wherein saving money is not so dwarfed by spending it. Moreover, putting the brakes on a consumerist routine and societal norm can theoretically lead to putting the underlying materialism in a relative rather than an absolute position and thus in perspective. Yet such a “resetting” must overcome the knee-jerk instinct of any habit to restart as if there had been no change. Coming back to college, for example, after a summer away, students tend to pick up their respective routines right away as if the recent summer were a distant memory. India’s astonishing rate of economic growth just after the pandemic demonstrates that the penchant for consumerism and economic growth as a maximizing rather than satisficing variable returned as if the steeds in Socrates’ Symposium—only those horses represent garden-variety eros sublimated to love of eternal moral verities, to which Augustine substituted “God.”

The full essay is at "RBI Overheating India's Economy."

Hindu Dharmic Leadership

At Harvard’s Bhukti Yoga Conference in 2025, Ed Anobah spoke on dharma (right-acting) leadership as a means of making progress in solving societal problems using Hinduism’s spiritual tradition of bhukti (devotionalism).  Anobah based his talk on the book, Leadership for an Age of Higher Consciousness by D. T. Swami. In the Bhagavad-Gita, Krishna says that what great people do, other people follow. What constitutes healthy, impactful leadership? The ideal leader in Hinduism is also a great sage, like Plato’s notion of a philosopher king. Leadership that deals wholistically with the human condition by exemplifies the character of a leader, which does not mean that only highly educated persons can or should be leaders. Rather, “everyone is a leader,” potentially, and “we are all leading our own life.” Each of us is a leader potentially for other people on the interpersonal level. Each of us can inspire other people. Anobah claimed that certain universal principles of leadership can apply across the board. I submit that this view is vulnerable to being too utopian when it is applied in the business world. Being realistic as to possible practical difficulties and even limitations in applying dharmic leadership in business (and government) is advisable. Even there being different metaphysical assumptions can get in the way, practically speaking, as compassionate leadership runs up against the profit-motive in business. 

The full essay is at "Hindu Dharmic Leadership." 

Hindu Mysticism: Transcending Deities

In his religiosity, Ramakrishna (1836-1885), a Hindu mystic and priest at a temple of the goddess Kali, the goddess of death, drew on the Bhakti (devotee), (Advaita) Vedanta, and Tantra aspects of Hinduism, as well as on Islam and Christianity to a much lesser extent, toward his goal of realizing God, which can also be put in terms of achieving self-knowledge of one’s true nature (atman). In the Bhavagad-Gita, Arjuna demands to see the god Krishna as he really is, but Krishna has to hold himself back, showing himself in (human) bodily form, albeit with a myriad of heads. Even a distended form such as this is too much for Arjuna. Moreover, ignorance cannot take in reality or awareness itself without it being adorned in anthropomorphic (i.e., having human characteristics) ornaments that Hume discusses in his Natural History of Religion. Krishna’s promise in the Gita is relevant, in “that, through His Maya, He will assume a human body and manifest His powers whenever religion declines, and will help [people] to obtain peace.”[1] It is through illusion that a deity assumes the likeness of a human form because seeing a deity’s essence in Brahman is simply too much for mere mortals.

The full essay is at "Hindu Mysticism: Ramakrishna."

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1.  Swami Saradananda, Sri Ramakrishna: The Great Master, Jagadananda, trans. (Madras, IN: Sri Ramakrishna Math Mylapore, 1952), p. 16.

The Exorcist

One of the most iconic films of the horror-film genre, The Exorcist (1973) focuses on the duality of good and evil that the film’s director, William Friedkin, maintained is in a constant struggle in all of us. The dialogue between the two priests performing the exorcism on the one side and the Devil possessing Regan on the other not only reveal the duality, but also the essence of evil itself. Once this essence is grasped, interesting questions can be asked that are distinctly theological, as distinct from modernity’s trope of evil portrayed in terms of, and even reduced to, supernatural movements of physical objects. The decadent materialist version of the theological domain stems from modernity’s bias in favor of materialism and empiricism. In other words, highlighting supernatural physics as being foremost in representing the religious realm is how secularity sidelines religion, rather than how religion itself is. The bias of modern society is very clear in the film as the “professionals” go through alternative explanations first from the field of medicine, privileging the somatic (physical) and then the psychological domains of medicine. In other words, the narrative establishes (or reflects) a hierarchy of three qualitatively different levels of descending validity: the somatic is primary, and only then the psychological, and, if the first two do not furnish an explanation, then, and only then, are we to turn to the theological as metaphysically (i.e., supernaturally) real primarily shown by physical objects defying the laws of physics. Science, rather than religion, is thus still in the driver’s seat. The bias in favor of materialism is in the assumption that only after feasible hypotheses from modern medicine are nullified can theological explanations be considered (as credible). In this way, the film reflects the hegemony of materialism that has taken hold since the Enlightenment, and the relegation of the theological as “magical” supernaturalism, as in a bed levitating of objects flying around Regan’s bedroom. The essence of evil is instead interior. If religion is a matter of the heart, then how could evil be otherwise?

The full essay is at "The Exorcist."

Ronald Reagan

Ronald Reagan’s extolling of individualism amid the problem that he saw as government itself resonated with the religious overtures of American divine providence as a city on a hill—a promised land akin to the New Jerusalem. Even as material self-interest taking advantage of unbridled markets under the guise of competition was not Reagan’s primary orientation, greed could easily trump the force of Reagan’s normative envelop, human nature such as it is.

The full essay is at "Ronald Reagan."