Fri. Jul 19th, 2019

The Seer

Read, Think, Act

capitalism

5 min read 2

Speaking about the perils of stigmatization of capitalism in our country, Arvind Subramanian said, “Capitalism has been stigmatized over the years. This has made it extremely difficult for India to embrace capitalism wholeheartedly. Good regulations are important and we can’t embrace market and capitalism completely. The fear that we would keep helping the private sector, is the kiss of death. World over, we are seeing a greater role for the state.”

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5 min read 17

I don’t own a lot of things. My friends who know me well are completely sick of my wardrobe and at times have to take me hostage to get me to buy stuffs. This is not because I am on some money saving mission, I don’t save either. So where does the money go? I don’t claim to have some sort of library for myself, but I have a respectable number of books with me and the number increases at a staggering rate. In fact, our Government could define BPL (Below Poverty Line) mark by just contrasting between my wardrobe and the bookshelf. Rich gets richer, the poor gets poorer.