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Line and length: Indian capital is an orphan, and so is Indian labour

India is a textbook example of a contradiction of Hegelian proportions: a highly desirable liberal political world view that has led to highly undesirable and utterly illiberal economics

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T C A Srinivasa-Raghavan
Exactly two years ago, I had written that Indian capital was an orphan. Now it turns out that so is Indian labour.

We have to thank Indian liberalism which has been weaponised by the Congress party and its multi-hued camp followers who understand the many complex and counter-intuitive political and philosophical concepts that go into it. That’s good.

But what’s bad is that our liberalism’s understanding of hard economic realities is non-existent. These were strangled at birth.

In consequence, India is a textbook example of a contradiction of Hegelian proportions: a highly desirable liberal political world view that has led to highly undesirable
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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