ADVERTISEMENT

ADVERTISEMENT

Why the American dream outpaced India's, founder argues

Chinmay A. Singh argued governance and execution, not aspiration, explain differences between the American and Indian dreams.

 Chinmay A. Singh Chinmay A. Singh / X/ Chinmay A. Singh

Indian-American entrepreneur Chinmay A. Singh, founder of iWish.ai and SimplifiMed (now TeleVox Healthcare), compared the American and Indian dreams in a recent post on X, arguing that the two aspirations are fundamentally similar but have produced different outcomes because of governance and execution.

"American dream is similar to Indian dream. Just executed better," Singh wrote.

ALSO READ: Indian-American CEO says India’s tax rules hurt employees

He said that growing up in India, the "Indian dream" centered on owning a scooter and a house, much like the American dream of owning a car and a suburban home. He added that both societies also shared the goal of providing good education for their children.

"As I grew up, Indian dream was having a scooter (हमारा बजाज) and a house. Very similar to the America dream of having a car and a house in suburb," Singh wrote.

He argued that the difference lay in how each country's economic and administrative systems enabled those aspirations.



"Indian dream aligned with Indian spending power and American dream with the might of USD. Both Americans and Indians also wanted to send their kids to good schools," he wrote.

To illustrate his point, Singh attached three images to his post. One was a screenshot of another X post that described the American Dream as "the best marketing campaign of the 20th century," arguing that the United States successfully attracted global talent by selling that vision. A second image referenced the iconic "Hamara Bajaj" scooter, which Singh used as a symbol of middle-class aspirations in India. The third was a screenshot of a news headline about vacant housing flats in Delhi's Bhalswa project, which highlighted delays and administrative hurdles affecting housing.

Singh said India's former license raj created long waiting periods for Bajaj scooters, forcing some buyers to pay extra in the black market.

"But what ended up happening in India was due to license raj, Bajaj Scooter had a lottery and a 10 years wait list. Can't wait then you can buy by paying Rs 500-Rs1500 extra in black market," he wrote.

He also criticized public housing administration, alleging that officials undermined home ownership.

"The same UPSC essay writers at DDA (or LDA) crushed people's dream of having a house," Singh wrote.

"But they did not stop there. They got in bed with builders such as Amrpali to make sure that people like my mother cant have a roof even when she paid 10 years in advance."

Singh further criticized educational infrastructure, saying government officials sent their children abroad while institutions in India struggled with basic facilities.

"The same babus sent their kids abroad for studies (Hey G-20 Sherpa) while educational institutes like my engineering college (KNIT in Sultanpur) suffered 15 hrs power cuts in 1990s," he wrote.

Contrasting the two countries, Singh concluded that access to housing, transportation and education in the United States reflects effective implementation rather than messaging.

"Meanwhile in the US, most people can afford cars, have a roof and kids have option to go to good schools. Thats not good marketing. Thats good execution."

Discover more at New India Abroad.

Comments

Leave A Comment

Required fields are marked (*).

Related

Talk to us?