Of dreams and prices
By Nusrat Nasarullah
IT’S not just the fact that prices are rising in what the economists would regard as natural and normal, perhaps, but the fact that one gets cheated by scheming middlemen or clever businessmen is what really worries. I wouldn’t like to refer to the prices of cars and the blackmarketing that has been going on for a scandalously long time now, mercifully on the decline following the import of cars. Who really cares if they are used!
We have all been talking of the subject of prices of late. Not just those of sugar, which for all the efforts made did not come down. We are going to get sugar from India now, among other items, which besides being a reflection of the bilateral ties, is also some sunshine. Sweet dreams, too!
One proposes to underline the theme of dreams with that of prices. There is, one suspects, a connection and this connectivity (in the language of cellular companies) is what is being referred to. Economists view prices coldly and objectively. For them prices are statistics, and they are justified and interpreted as required. For the common man prices fall within the realm of dreams or nightmares. For example, one is always dreaming of affordable prices. That’s what the advertising guys are also doing. Making it appear that you need what is being sold and that the price is affordable. If that is so I quite understand the Karachiite who has been dreaming of building his house or buying an apartment, but finds himself troubled, and tormented by the rising prices of cement. Whatever the reason is, the prices of cement have risen and some amazing justifications have been given. This particular citizen was dismayed at the way cement prices have escalated, and he lamented, that he found that his savings had once again been rendered obsolete. Prices, therefore undo dreams, turn them into nightmares. In terms of day-to-day they virtually destroy domestic equilibrium.
And yet the lure. The lure of the dreams that advertisers sell and which make the common man believe that one day prices will be reasonable, affordable, and good life well within reach.
See what happened to the prices of daily use items. Take petrol and petroleum products first. While citizens dream that they would climb down one day, the reality is that they are not budging a cent. If anything, they are waiting to climb up further, says one anxious Karachiite
It was so depressing to hear from a Lyari resident about the reasons why he bought a cheaper model two-wheeler when his weather beaten scooter had all but collapsed. He said that his present minimum daily petrol cost was Rs50 a day from home to office and back. That’s it. Were he to buy the scooter that he needs, and take a loan for that capital cost he would not be able to afford the daily petrol bill of Rs100.
And dreams of gold? Not just for marriages and festivities. But even as a way of saving and investing in the future. What of that? Of course there has been a global rise in the prices. On the local scene the prices have gone up to Rs12,000 per 10 grams of gold and almost Rs15,000 per tola.
There was another bitter comment from a Karachiite about the rising price of milk and tea, which he declared were hurting middle and lower middle class homes in a substantive way. By the way, one wonders what happened to the efforts and campaigns that were launched by the city government to convince milk sellers to lower prices. The cynics amongst us never believed that this could happen, and to substantiate their arguments they said that there were no examples to prove that prices had been lowered. Wherever it has happened it has been at the cost of quality.
Some of the best caustic comments have come from citizens on the subject of prices and salaries. Many of them have referred to the government fixed minimum wage of Rs3,000 a month. And then they have gone into the breakdown of expenses that are incurred. It is not just shameful, but even humiliating to simply hear the details. How can a family, with a single source of income even think of decent living in that wage?
Though rising prices are stereotyped themes, quite certainly the scenarios they unfold cause concern and mirror miseries of unimaginable proportions.
Of course, the big question is whether prices can be checked to make the common man’s life decent. Can the government do it alone? Or should there be consumer resistance? One frustrated Karachiite heard these familiar questions and options and became angry. He said that life for those at the top of the ladder remained unaffected all the time. They continued with their extravagant lifestyles and in fact the rich did not seem to realise that there are poor people around. There is poverty, both in the urban and the rural areas. Why can’t the wealthy people live simpler lives? “Why is this society projecting pomp and show, and the arrogance of the affluent all the time?” he asked in measured, resentful tone. He went onto talk of the widening gap between the rich and the poor and the fact that talk of the next budget has begun.
So once again not only is it budget time coming up, but also a new set of dreams from officialdom that will be marketed. The sceptical amongst us believe that most often these dreams are in reality nightmares for public. One perceptive colleague took a quick look at the remaining chunk of time in 2006, and said that there were at least two major occasions when the price hike would give to people tough time. The first will be before and after the budget, (federal and provincial) and the second in Ramazan and Eidul Fitr.
After all this is said and done, the question that confounds some of us relates to the shopping crowds and growing number of shopping plazas in this society. In this purchasing power? Is it the same people up and down the escalator of privilege and prosperity?


