A fundamental question that we must ask ourselves is that the increase in the Stock markets indexes and India's rise as the 5th largest economy in the world, has that increased the purchasing power of the common man? The answer is a clear no. It's the industrialist who continues to become richer, and the working class remains poorer.
There cannot be greater bullshit than this. Human beings never created wealth,they utilised natural resources to fulfill their needs. Even if these are all material wealths they were never created they resulted from activities of human beings and I will term every activity and every result of those activities which were not necessary as poisons, either they will harm others or they will harm themselves or they will harm everybody. There was never any one way result through such unnecessary activities. So what is an unnecessary activity. Any activity which was not through normal comfortable human effort and not meant to fulfill certain necessities the absence of which had made life uncomfortable for that person. Without such needs all those activities are meaningless and will not result in fulfilling ones necessities but will result in materials which were not needed, excesses,which are poisonous or soon to become poisonous. Poisonous for whom? Poisonous for the person and all people supportive of that activity. It happened in past it will happen again. It destroys life rather than supporting it , it becomes counter to nature and destroys it. Why things have turned such way? In short oneupmanship at mass scale and that mass scale had been results of creations of kingdoms, nations, communities, religions and anti-religions in the past and everyone of those had their roots in some activity to solve problems but became powerful beyond necessary, continued beyond the requirements behind it and therefore started churning out poisons, they got utilised by blind people or evil people in that process including by those whom you are terming as wealth creators.
I recently started monthly investing in stocks and I reinvested my gains,I didn't take out money as I was more intrested in compounding. However,I had to pay my whole month salary as taxation on amount which never come into my account. I couldn't do this month investing due to financial crunch. So much care for the people who are intrested in wealth creation. It sucks.
Growth and growth alone is the only answer...forget about these nonsensical inequality stuff
in India there is no such thing as left wing and right wing .There is only left wing and extreme left wing.
You said it
A fundamental question that we must ask ourselves is that the increase in the Stock markets indexes and India's rise as the 5th largest economy in the world, has that increased the purchasing power of the common man? The answer is a clear no. It's the industrialist who continues to become richer, and the working class remains poorer.
How did you arrive at the conclusion please "The answer is a clear no"
Correct ! For some reason we do not respect, nor encourage risk taking
'Babu' mentality since socialist era still holding us back.
Call it anything, but broadly yes
Wealth creaters 😂😂😂😂
😃😃
There cannot be greater bullshit than this.
Human beings never created wealth,they utilised natural resources to fulfill their needs. Even if these are all material wealths they were never created they resulted from activities of human beings and I will term every activity and every result of those activities which were not necessary as poisons, either they will harm others or they will harm themselves or they will harm everybody. There was never any one way result through such unnecessary activities.
So what is an unnecessary activity. Any activity which was not through normal comfortable human effort and not meant to fulfill certain necessities the absence of which had made life uncomfortable for that person.
Without such needs all those activities are meaningless and will not result in fulfilling ones necessities but will result in materials which were not needed, excesses,which are poisonous or soon to become poisonous.
Poisonous for whom?
Poisonous for the person and all people supportive of that activity. It happened in past it will happen again. It destroys life rather than supporting it , it becomes counter to nature and destroys it.
Why things have turned such way?
In short oneupmanship at mass scale and that mass scale had been results of creations of kingdoms, nations, communities, religions and anti-religions in the past and everyone of those had their roots in some activity to solve problems but became powerful beyond necessary, continued beyond the requirements behind it and therefore started churning out poisons, they got utilised by blind people or evil people in that process including by those whom you are terming as wealth creators.
I recently started monthly investing in stocks and I reinvested my gains,I didn't take out money as I was more intrested in compounding. However,I had to pay my whole month salary as taxation on amount which never come into my account. I couldn't do this month investing due to financial crunch. So much care for the people who are intrested in wealth creation. It sucks.
Notional gains, But why. may I ask, were you taxed. You were holding the shares and did not sell
@@subhomoybhattacharjee7205 It was STCG. I sold my shares at short interval when I felt it's about to crash.