It's been quite a long time since I've seen a video and br amazed by it. Good job The Print! A very interesting insight into a great thinker and the present BJP's thought process. Blown away. I hope such public intellectuals are more common today from the opposition. A man with conviction, who doesn't copy-paste ideas rather thinks of base realities of India.
I am optimistic that, freebies can stop, if it is BJP. Or someone can replace freebies with Direct Benefit Transfer, and eventually replace them with petrol tax cuts. AAP is the main driver of freebies, because they are behaving like a startup, that burns cash in the beginning. Even Congress has sensible people, if you remove Rahul Gandhi.
Excellent presentation. Good script. Good flow. Good diction. Print has a good young team. In the context of the realities of 1947, In comparison with Nehru, Upadhay had a far superior understanding of the efficacy of markets, economy, capital, and labor dynamics. However, not all his theories are relevant today. Times have changed.
Capitalism is not against providing bread. Infact it provides bread by creating employment opportunities instead of putting burden on taxpayer to provide bread. And government should be socialist while providing mid day meals to children and give proper education and health care and make them employable. And government should be capitalist while creating employment opportunities by encouraging entrepreneurship such that those employable citizens earn the bread.
i think that’s the inherent problem with the idea of capitalism- the fact that bread would be served to the taxpayers as long as it incentivizes the capitalists to keep producing the same bread. capitalism is not a charity drive; beyond everything, it’s a transactionary economic system where incentives far outweigh the goal of putting bread on everyone’s table.
@@pratikkroy3442socialism is also not charity drive, it takes tax payer money to provide bread and if tax payer does not earn enough, government can not provide bread to the tax payer, and 97% of jobs should come from private sector. If there is no private sector, 97% of people will sleep hungry.
@@pratikkroy3442 incentives far outweigh the goal of putting bread on everyone's table? Can you prove your statement with atleast one example where incentives far outweigh the goal of putting the bread?
@@vivekanandgorle3770AI, where less of the workforce is required. Less people get subsistence from the free market because it is less labour intensive. The free market thus loses legitimacy amongst those discarded workers. The reason this happens? Profit incentives towards streamlining the workforce, to pay less salaries. As Marx has written, this causes capitalism’s self destruction, as less people involved in the free market means less people can purchase what is being produced. So we have weakening demand, and the market becomes stunted. This is what caused the Great Depression in the early capitalist countries, and this is where India is headed - weak consumption causing declining private investment and job growth, causing declining productivity. This is a global phenomenon, interestingly. We see similar patterns in almost every other capitalist country - the same economic instability, toppling governments everywhere. How long can Modi last?
@@vivekanandgorle3770regarding taxation - it is the bedrock of the American dream, built by John Maynard Keynes. Public spending raises aggregate demand, which provides capitalists a larger market to cater to, raising production and consequently employment and growth. Tax thus becomes an investment of the taxpayer towards economic growth. It isn’t charity, it is necessity, because without government spending facilitated by tax, aggregate demand will falter (like it is currently doing and like it did during the 1930s: the Depression era). On the flip side, taxation causes capitalists to look to alternative jurisdictions to set up their business ie it causes capital flight. Therefore we can’t utilise the tax mechanism. Thus, we’re stuck under declining productivity under capitalism. It is time we turned far to the left with our economic policy. Leave religious politics behind, embrace growth.
Adani is hated unnecessarily. Govt actually earned money by selling loss making entities. Whereas, Adani got debt due to buying at highest bid. What we need to ask from Govt is - CUT TAXES - petrol tax and direct tax, to pass on what the govt has earned by selling these entities.
It's been quite a long time since I've seen a video and br amazed by it.
Good job The Print! A very interesting insight into a great thinker and the present BJP's thought process.
Blown away.
I hope such public intellectuals are more common today from the opposition. A man with conviction, who doesn't copy-paste ideas rather thinks of base realities of India.
All, ideological lines on economy are completely blurred, freebies is the only economic ideology of India
I am optimistic that, freebies can stop, if it is BJP. Or someone can replace freebies with Direct Benefit Transfer, and eventually replace them with petrol tax cuts.
AAP is the main driver of freebies, because they are behaving like a startup, that burns cash in the beginning.
Even Congress has sensible people, if you remove Rahul Gandhi.
😂😂if only we heard to atleast great Rajaji (raja Gopaal chari) we would have never fell to socialist license raj….and literally killed 2 generations
Genuinely wonderful article
great dive into the subject
Excellent presentation. Good script. Good flow. Good diction. Print has a good young team.
In the context of the realities of 1947, In comparison with Nehru, Upadhay had a far superior understanding of the efficacy of markets, economy, capital, and labor dynamics. However, not all his theories are relevant today. Times have changed.
Very informative video!
Ideology of Gandhiji & Dindayal Upadhyay is very much similar. Both wanted aatma nirbhar self sufficient swadeshi gram swaraaj village economy.
Good journalist 😊
The Modi government will not sacrifice electoral interests at the dogma of the ideological altar.
Capitalism is not against providing bread. Infact it provides bread by creating employment opportunities instead of putting burden on taxpayer to provide bread.
And government should be socialist while providing mid day meals to children and give proper education and health care and make them employable.
And government should be capitalist while creating employment opportunities by encouraging entrepreneurship such that those employable citizens earn the bread.
i think that’s the inherent problem with the idea of capitalism- the fact that bread would be served to the taxpayers as long as it incentivizes the capitalists to keep producing the same bread. capitalism is not a charity drive; beyond everything, it’s a transactionary economic system where incentives far outweigh the goal of putting bread on everyone’s table.
@@pratikkroy3442socialism is also not charity drive, it takes tax payer money to provide bread and if tax payer does not earn enough, government can not provide bread to the tax payer, and 97% of jobs should come from private sector. If there is no private sector, 97% of people will sleep hungry.
@@pratikkroy3442 incentives far outweigh the goal of putting bread on everyone's table? Can you prove your statement with atleast one example where incentives far outweigh the goal of putting the bread?
@@vivekanandgorle3770AI, where less of the workforce is required. Less people get subsistence from the free market because it is less labour intensive. The free market thus loses legitimacy amongst those discarded workers. The reason this happens? Profit incentives towards streamlining the workforce, to pay less salaries. As Marx has written, this causes capitalism’s self destruction, as less people involved in the free market means less people can purchase what is being produced. So we have weakening demand, and the market becomes stunted. This is what caused the Great Depression in the early capitalist countries, and this is where India is headed - weak consumption causing declining private investment and job growth, causing declining productivity. This is a global phenomenon, interestingly. We see similar patterns in almost every other capitalist country - the same economic instability, toppling governments everywhere. How long can Modi last?
@@vivekanandgorle3770regarding taxation - it is the bedrock of the American dream, built by John Maynard Keynes. Public spending raises aggregate demand, which provides capitalists a larger market to cater to, raising production and consequently employment and growth. Tax thus becomes an investment of the taxpayer towards economic growth. It isn’t charity, it is necessity, because without government spending facilitated by tax, aggregate demand will falter (like it is currently doing and like it did during the 1930s: the Depression era). On the flip side, taxation causes capitalists to look to alternative jurisdictions to set up their business ie it causes capital flight. Therefore we can’t utilise the tax mechanism. Thus, we’re stuck under declining productivity under capitalism. It is time we turned far to the left with our economic policy. Leave religious politics behind, embrace growth.
Let Adani unburden some of the load and spare some areas for the government...at least the PMO should be outside Adanis purview
Adani is hated unnecessarily. Govt actually earned money by selling loss making entities. Whereas, Adani got debt due to buying at highest bid.
What we need to ask from Govt is - CUT TAXES - petrol tax and direct tax, to pass on what the govt has earned by selling these entities.
Large scale conversion is happening in Punjab . Pay attention to that . Don’t trouble your brain too much
😂😂😂😂😂😂😂😂
Name suits u
As Peter Thile said, competition is for fools....and it also destroys peace and happiness.
He is totally irrelevant.
th-cam.com/video/bMc4VssjVnw/w-d-xo.htmlsi=Ll19gY-B8WQiN-IH