A Hypothesis On The Persistence Of Crony Capitalism
May 20, 2016 Leave a comment
“One widely held hypothesis is that our country suffers from want of a “few good men” in politics. This view is unfair to the many upstanding people in politics. But even assuming it is true, every so often we see the emergence of a group, usually upper middle class professionals, who want to clean up politics. But when these “good” people stand for election, they tend to lose their deposits. Does the electorate really not want squeaky clean government?
Apart from the conceit that high morals lie only with the upper middle class, the error in this hypothesis may be in believing that problems stem from individual ethics rather than the system we have. In a speech I made before the Bombay Chamber of Commerce in 2008, I argued that the tolerance for the venal politician is because he is the crutch that helps the poor and underprivileged navigate a system that gives them so little access.This may be why he survives. Read more of this post
I love having oodles of personal time to myself. Time when there is no time-table or agenda in sight, time I don’t have to soon be somewhere else or prepare for something, time in which I just am, time when I can quietly think my thoughts, time when I can actually discover and savour the world round me in its infinite variety, time to potter round and indulge in a hobby. I find that living so, creates the greatest sense of personal well-being in my life. It also makes me super creative and soon thereafter brings about the most breakthrough changes in my life. 
Here is the list of the 10 wealthiest real estate tycoons in the world:
Moneylife Foundation is looking at the feasibility of filing a class action for non-payment of fixed deposits. A dispute before the National Consumer Disputes Redressal Commission (NCDRC) requires the dispute value to be above Rs one crore. For starters, we are collecting data for SIX companies—Helios & Matheson, Elder Pharmaceuticals, Jaiprakash Associates, Unitech, Plethico Pharmaceuticals and Bilcare.
wealthymatters 