An honest submission: I am a confirmed capitalist. Socialism holds no allure for me; it is a recipe for certain disaster. Let me spell it out right at the start, lest readers jump to the conclusion that I am a socialist sympathiser from the rest of the article. For that is my precise submission: Arvind Kejriwal's policies are nowhere near being socialist. In fact, the entire brouhaha around his policies points to a rather unfortunate selfishness of the Urban Indian Citizen. This article may hurt many readers of my blog, and perhaps drive some away; but I have always called it like I see it. It is time for a reality check on our so-called tremendous growth from 1991. And one figure - only one figure is all I require to make my point. The per capita income of the bottom 20% of India's population has not changed (as a percentage share) since 1978. That means, the bottom 20% of our population has not benefited at all from our economic boom. This means rising inequality and...
Indian Top Blog {2019, 2018, 2017, 2016 & 2015} for the past 5 years and counting; Nominated in top 5 Political Bloggers by Blogadda in Win-15. I specialise in deep politico-economic analysis; Books off the beaten track, and a value & fundamentals-based approach towards the Indian Economy, Corporate India - And Especially Indian Colonial History