Rupak De Chowdhuri / Reuters
A compelling collection of essays.
This is part 1 of a 3-part series on the theoretical underpinnings of governance and policymaking.
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In Captain America: Civil War, various governments and the United Nations demand that the Avengers stop functioning as a privately run paramilitary organization and answer to the authorities. As we all know, anything that comes under government control is as good as doomed.
The surge prices charged by app-based cab services like Uber and Ola represent capitalism in its most brutal form. The message here is, "more power to the free market, leave no space for government's intervention, price regulation is an obstacle to growth, eventually leads to rationing, just let the demand and supply decide prices." So, let's apply surge pricing to hospitals. Limited beds, too many patients? Increase the price. What happens? The rich get the beds, the poor die.
India is chasing a dream of development and an idea of wealth that revolves around public policy, banks and a handful of corporations. The idea of wealth and success is pretty well defined in most minds. However, often this idea of wealth and material gain gets mixed with greed and dependency on a system of debt that can often leave a nation in a poorer state, ensuring further exclusion of the impoverished poor.
I would not question the Ambanis' fancy cars, flashing diamonds and 27-storey homes had they involved themselves with greater fervour in worthy causes. And by worthy causes, I do not mean the odd "charity gala" or throwing parties for Indian cricketers. Yes, the Reliance Foundation does do some good work, but is it enough?
It is important to understand that while Narendra Modi will arguably be the greatest Prime Minister of this decade, his government will be one of the worst. While Narendra Modi's vision will lead India to new realms of prosperity, his government's backwardness and conservatism will only pull his vision down into the mud.
Prime Minister Narendra Modi is about to complete one year in office, and his cuts in federal welfare spending on the poorest of India's 1.25 billion citizens is coming in for sharp criticism, includi...