The High Priests of Indian Capitalism have confused the Public by pretending to promote Adam Smith's Capitalism while actually pushing Modi's Crony Capitalism
Unfortunately do not know who Jerry Rao is, i guess there's no point in knowing him either. the fellow does not understand the way Indian economy is built far less how it works.
in India daily job loss, these days, is way more than job openings and appointments.
ergo the youth and the older part of the population is becoming unemployed at an alarming rate.
direct cost of this is rising criminalization of the society. Hunger is a stronger motivator than sex (screw Freud). hence people will snatch and grab if they can not get enough to contain hunger. There will be a revolt and since religion is going to direct the revolt, it's anybody's guess which way the cookie shall crumble.
the way people are becoming ruthless in venting their anger is a fearsome process. the costs will be extremely high and the future is going to be irredeemable, Socioeconomically.
Politicians are still bickering over who is greater and who shall get a lion's share.
a small victory at an election won by any opposition party is giving the entire opposition a petite mort. they get into a post orgasmic bliss and the sinful behavior of the rulers continue unchallenged, hence unabated.
in next 5 years, India might break up in to small territories where fighting among each other will become inevitable.
Peace!
Post WW - II Japan and germany both faced the same. (italian history had never been my strong point).
I learn so much from reading your arguments. Things I wished we were taught in schools rather than segregating us in science Vs non-science clade. Please write about 'Ghost Wealth'. Thank you for putting out your arguments in public domain and not behind pay walls which not all can afford.
Brilliant. Indefatigable Ms Sonali Ranade crafts jaw-dropping condemnation of Modi’s crony capitalism amoral disregard for anything save the acquisition of power, privilege, and influence. In her expert hands, cronyism becomes an enraging exposé of what happens when utter devotion to accumulation of wealth is paired with an unscrupulous disregard for moderation of inequality.
Micro and small businesses are the jobs creating engines in most economies including the US and India. Modi’s economic policies specifically demonetization and taxation have destroyed these very dynamic businesses and is a major cause of rising UE.
There's an error here: "A private survey, reported in the Indian Express, showed that the incomes of the lowest 20% of Indians, dropped by 183% over the last two years, 2020-2022."
The correct figure from the survey: Notably, between 2005 and 2016, while the richest 20% of households saw an increase in their income by 34%, the poorest 20% saw a surge of 183% in their household income at an average annual growth rate of 9.9%.
Your write up is on the dot.
extremely balanced and well explained.
Unfortunately do not know who Jerry Rao is, i guess there's no point in knowing him either. the fellow does not understand the way Indian economy is built far less how it works.
in India daily job loss, these days, is way more than job openings and appointments.
ergo the youth and the older part of the population is becoming unemployed at an alarming rate.
direct cost of this is rising criminalization of the society. Hunger is a stronger motivator than sex (screw Freud). hence people will snatch and grab if they can not get enough to contain hunger. There will be a revolt and since religion is going to direct the revolt, it's anybody's guess which way the cookie shall crumble.
the way people are becoming ruthless in venting their anger is a fearsome process. the costs will be extremely high and the future is going to be irredeemable, Socioeconomically.
Politicians are still bickering over who is greater and who shall get a lion's share.
a small victory at an election won by any opposition party is giving the entire opposition a petite mort. they get into a post orgasmic bliss and the sinful behavior of the rulers continue unchallenged, hence unabated.
in next 5 years, India might break up in to small territories where fighting among each other will become inevitable.
Peace!
Post WW - II Japan and germany both faced the same. (italian history had never been my strong point).
I learn so much from reading your arguments. Things I wished we were taught in schools rather than segregating us in science Vs non-science clade. Please write about 'Ghost Wealth'. Thank you for putting out your arguments in public domain and not behind pay walls which not all can afford.
Brilliant. Indefatigable Ms Sonali Ranade crafts jaw-dropping condemnation of Modi’s crony capitalism amoral disregard for anything save the acquisition of power, privilege, and influence. In her expert hands, cronyism becomes an enraging exposé of what happens when utter devotion to accumulation of wealth is paired with an unscrupulous disregard for moderation of inequality.
What is happening is simple anti Hindu agenda by RSS BJP.
phase 1:
Crony businessmen fund RSS/BJP
RSS BJP spend this money to radicalize innocent Hindus with tales of Hindu victimhood
Innocent Hindus vote for RSS BJP
Phase 2:
RSS BJP win elections
lakhs of crores of money from India are looted by RSS BJP and their cronies
1000s of crores is spent on ads to push lies on how everything is great
1000s of crores spent on temples and statues
Hindus get fed more lies on whatsapp and die of hunger and hate without realizing they being robbed blind and destroyed.
Brilliant and thoroughly researched essay. Irrefutable. Hope they are listening
Micro and small businesses are the jobs creating engines in most economies including the US and India. Modi’s economic policies specifically demonetization and taxation have destroyed these very dynamic businesses and is a major cause of rising UE.
There's an error here: "A private survey, reported in the Indian Express, showed that the incomes of the lowest 20% of Indians, dropped by 183% over the last two years, 2020-2022."
The correct figure from the survey: Notably, between 2005 and 2016, while the richest 20% of households saw an increase in their income by 34%, the poorest 20% saw a surge of 183% in their household income at an average annual growth rate of 9.9%.
Excellent write up. Thanks a lot.
Great effort put in, to essay your views. Fascism is not a walk-over.