AjayShah

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Wednesday, 18 November 2009

Prescience

Posted on 10:31 by Unknown
Count Sergei Witte was an important figure in czarist Russia in the early 20th century. In October 1905, he wrote a memorandum to the Tsar summarising his view of the political unrest in the aftermath of the Japanese war. In it, he said:


The idea of civil freedom will triumph, if not by way of reform then by way of revolution. But in the latter event it will come to life on a thousand years of destroyed history. The Russian rebellion, mindless and pitiless, will sweep everything, turn everything to dust. What kind of Russia will emerge from this unprecedented trial exceeds human imagination: the horrors of the Russian rebellion may surpass everything known to history. A possible foreign intervention will tear the country apart. Attempts to put into practice the ideals of theoretical socialism -- they will fail but they will be made, no doubt about that -- will destroy the family, the display of religious faith, property, all the foundations of law.


How many other paragraphs can you think of, where someone peers into the unknowable, and largely sees the next 100 years right?



I saw this in Nicholas 2 Signs the October Manifesto by Richard Pipes, in I wish I'd been there, edited by Byron Hollinshead and Theodore K. Rabb, Pan Books, 2008.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Posted in history | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Getting to a liberal trade regime
    I wrote two columns on trade liberalisation in Financial Express : Where did the Bombay Club go wrong? Trade liberalisati...
  • Comments to discuss
    Maps vs. map data: appropriately drawing the lines between public and private Comment by Anonymous: OSM is a good effort, but it's ...
  • The disaster at Maruti
    The news from Maruti is disgusting . I have been curiously watching  how the stock market takes it in : That Maruti has serious labour prob...
  • Interesting readings
    Barbara Crossette on the country that is the biggest pain in Asia. India is mired in a difficult process of learning how to achiev...
  • Economic freedom in the states of India
    This blog post is joint work with Mana Shah. What is economic freedom? An index of economic freedom should measure the extent to which right...
  • A season for bad ideas
    One feature of each period of turbulence is that we get an upsurge of out of the box thinking. While it is always good to think out of the b...
  • The role of the board
    The board is a critical ingredient of well functioning public bodies. The board must: Have a big picture of the objectives of the organisati...
  • The glacial pace of change: QFI edition
    In the Percy Mistry report , there are some striking examples of the inability of the Indian policy process to deliver change at a reasonabl...
  • Residential water heating and the rise of the gas-fired economy
    When electricity distribution networks fall into place, people start using electricity for everything. Heating, air conditioning, cooking, e...
  • An upsurge in inflation?
    There is a lot of concern about inflation. Most of it is based on perusing the following numbers of the year-on-year changes in price inde...

Categories

  • announcements (53)
  • author: Harsh Vardhan (5)
  • author: Jeetendra (3)
  • author: Percy Mistry (3)
  • author: Pratik Datta (6)
  • author: Shubho Roy (12)
  • author: Suyash Rai (6)
  • author: Viral Shah (7)
  • banking (26)
  • Bombay (15)
  • bond market (11)
  • business cycle (20)
  • capital controls (39)
  • China (21)
  • commodity futures (3)
  • competition (20)
  • consumer protection (3)
  • credit market (10)
  • currency regime (45)
  • democracy (37)
  • derivatives (31)
  • education (8)
  • education (elementary) (11)
  • education (higher) (10)
  • empirical finance (4)
  • energy (6)
  • entrepreneurship (9)
  • environment (1)
  • equity (15)
  • ethics (23)
  • farmer suicide (1)
  • finance (innovation) (11)
  • financial firms (23)
  • financial market liquidity (25)
  • financial sector policy (90)
  • GDP growth (37)
  • geography (3)
  • global macro (19)
  • global warming (1)
  • health policy (1)
  • hedge funds (1)
  • history (19)
  • IMF (2)
  • incentives (9)
  • inflation (33)
  • informal sector (14)
  • information technology (34)
  • infrastructure (14)
  • international financial centre (18)
  • international relations (8)
  • labour market (17)
  • legal system (67)
  • market failure (1)
  • media (6)
  • migration (6)
  • monetary policy (46)
  • mores (5)
  • national security (1)
  • offtopic (2)
  • outbound FDI (3)
  • payments (9)
  • pension reforms (8)
  • police (3)
  • policy process (64)
  • politics (12)
  • privatisation (7)
  • prudential regulation (1)
  • PSU banks (7)
  • public administration (6)
  • public goods (26)
  • publicfinance (expenditure) (19)
  • publicfinance (tax (GST)) (9)
  • publicfinance (tax) (14)
  • publicfinance.deficit (8)
  • publicfinance.expenditure.transfers (10)
  • real estate (5)
  • redistribution (10)
  • regulatory governance (2)
  • reserves (3)
  • resolution (2)
  • risk management (3)
  • securities regulation (25)
  • socialism (33)
  • statistical system (31)
  • success (5)
  • systemic risk (3)
  • telecom (12)
  • the firm (22)
  • trade (21)
  • urban reforms (9)
  • volatility (3)
  • World Bank (4)
  • world of ideas (16)

Blog Archive

  • ►  2013 (81)
    • ►  September (6)
    • ►  August (12)
    • ►  July (10)
    • ►  June (18)
    • ►  May (7)
    • ►  April (13)
    • ►  March (6)
    • ►  February (3)
    • ►  January (6)
  • ►  2012 (102)
    • ►  December (7)
    • ►  November (10)
    • ►  October (11)
    • ►  September (7)
    • ►  August (5)
    • ►  July (10)
    • ►  June (11)
    • ►  May (7)
    • ►  April (8)
    • ►  March (6)
    • ►  February (8)
    • ►  January (12)
  • ►  2011 (112)
    • ►  December (8)
    • ►  November (10)
    • ►  October (10)
    • ►  September (8)
    • ►  August (4)
    • ►  July (4)
    • ►  June (13)
    • ►  May (9)
    • ►  April (9)
    • ►  March (8)
    • ►  February (18)
    • ►  January (11)
  • ►  2010 (131)
    • ►  December (11)
    • ►  November (6)
    • ►  October (10)
    • ►  September (7)
    • ►  August (17)
    • ►  July (8)
    • ►  June (5)
    • ►  May (13)
    • ►  April (12)
    • ►  March (20)
    • ►  February (10)
    • ►  January (12)
  • ▼  2009 (74)
    • ►  December (11)
    • ▼  November (13)
      • New sources of financing for microfinance assets
      • Dubai's great crash
      • The rise of private sector education service produ...
      • When a currency futures market dominates a currenc...
      • Working group on foreign investment in India
      • Outsized capital inflows?
      • Interesting readings
      • The problems of big banks
      • Prescience
      • Mobile phones and economic development
      • East Europe after 1989
      • Governments taking over banks
      • Recent RBI moves in finance
    • ►  October (14)
    • ►  September (11)
    • ►  August (25)
Powered by Blogger.

About Me

Unknown
View my complete profile