Crony Capitalism in India (Hindi) | But Why 

We want this type of video

THANKS FOR MAKING VIDEO on this topic , u r a hidden gem :) . u explain the Complex thing easily.

wrong india dose note have capitalism then cronycapitalism its like dream fake information spreade this chanal like proof 1:_/ 30 lac cr revenue of central gvt 10 lac cr onnly spent on agriculture as a msp free rasan fertilizer subsidy any typ of machinery service goids you purchase as a farmer etc more then 1200 sachime central gvt have its araund 10 lac cr rest 10 lac cr use in gvt employees devlopment polition salary gvt run expenses and more now tell me where is capitalism? and you fuvker say cronycapitalism 😆🤣😂😹😆🤣

​@Ronit Mehta wrong india dose note have capitalism then cronycapitalism its like dream fake information spreade this chanal like proof 1:_/ 30 lac cr revenue of central gvt 10 lac cr onnly spent on agriculture as a msp free rasan fertilizer subsidy any typ of machinery service goids you purchase as a farmer etc more then 1200 sachime central gvt have its araund 10 lac cr rest 10 lac cr use in gvt employees devlopment polition salary gvt run expenses and more now tell me where is capitalism? and you fuvker say cronycapitalism

​@@ricksanchez9920 wrong india dose note have capitalism then cronycapitalism its like dream fake information spreade this chanal like proof 1:_/ 30 lac cr revenue of central gvt 10 lac cr onnly spent on agriculture as a msp free rasan fertilizer subsidy any typ of machinery service goids you purchase as a farmer etc more then 1200 sachime central gvt have its araund 10 lac cr rest 10 lac cr use in gvt employees devlopment polition salary gvt run expenses and more now tell me where is capitalism? and you fuvker say cronycapitalism

Ranbir

@@leanderbarreto6523 yah fr i thought the same

Wonderful surprise🎉🎁 ☺

@Anonymous with broken nose ?

Save Democracy

This is absolutely perfect suggestion. I hope he does this.

I don't think he'll do it as nowadays superficial knowledge is what gives views.

@@akashpandey4389 what tells you that it's superficial?

What does that mean ?

@@overlordborn6131 when some rich people joins hands with top politicians and bureaucrats to tweak rules in that favour it is called cronyism. But mostly cronyism is only associated with capitalism but we had socialist capitalism before 1991 wherein doing business was almost impossible for people who weren't well connected because of which those with powerful friends didn't have much competition and they exploited the people.

Both the UPA and NDA governments supported crony capitalism.

wo kabhi hoga nhi

Hum do hamare do is what is on.

It was a government regulated oligarchy

@@spilltea4241 True.

We had more crony socialism than capitalism during that period. Heck we locked out private industries out of key sectors before 2014. How many soldiers lives would have been saved if contracts for body armor went to MKU instead of OFB. We've given away so many such no-bid contracts to PSUs despite knowing they are incapable to fulfill the contract and then dumped even more money on ToT to get them to fulfill the contract.

U mean license raj?

@@libshastra and then what? These private organisations do complete the work in time by making their workers work overtime without really paying any overtime. This is because of over population. See, a CBSE affiliated school has to give a salary equal to a state teacher according to law but in reality they give only 30%. All this shit you spouted is only on papers

Your argument is true that crony capitalism risks the failure of a person become failure of nation. However it is also true that all the wealth and industries are controlled by very few individuals or as we call it 1% of the 1%. So even if make an equal ground for everyone, most of the wealth will eventually get concentrated in the hands of a very few individuals and institutions even if there is no crony capitalism and again the same risk. Also the example of Russia is not the best imo, because western block holds most of the money and power in the world and the developing nations are heavily dependent on them. Cause if you want to grow your economy you need money from their economy. If it wasn't for that, their sanctions don't mean much to any other country except EU and USA.

@@SanjeevSingh-ui6lr I never have advocated for so called redistribution of wealth or any such policies.... Neither in this post nor in any... I have no problem with billionaires, to me they are same as any other citizen. I only advocate for a fairer policy, or a fairer system.... For example there must be a reasonable limit to how much a bank loans to a single organisation. Another the govt must crackdown on any cartelization attempt. Something like bailouts should be simply out of question...

@@abhishekkulkarni2918 I acknowledge the fact that you never said about wealth distribution. What I was trying to say is crony capitalism or not there will always be a risk of one person's failure becoming national failure because in free market there will always be a conglomerate. We can expect fairer policies and opportunities but the ones who write the laws don't necessarily always care about what commoners have to say. We can expect but they do what they want to and we just get on with whatever that is.

@@abhishekkulkarni2918 There is ... its called a leverage ratio

As long as monopolies are avoided, there is nothing really "bad" in an oligarchy, it's certainly not an ideal system but with some basic checks in place it's far from the worst, although income inequality will increase but so will the income as the common people which is more important For example, Japan and South Korea are both oligarchies and enjoy a very high standard of living

I think Same They both Use communalism and Poverty as their tools to Gain power . As democracy(Elections) is Game of crossing 51% mark and any point in time there will be A Community with 50%+ Share in voters also Poor (Relatively ) people with 50%+ Share in voters

Thank you ❤️

Even research can be done in few days but his editing work takes time

par center idea her video ka yehi rehta h ki BJP buri hai modi harami h

What about druv

@@nknkannadiga9742 sometimes

@@nknkannadiga9742 I am not Andha supporter of BJP but DHRUV's videos are highly biased .

@@ThinkAboutThiss in what cases?

No need to become a ghulam of the capitalists

@@hargunsingh6920 when power comes you are no more Ghulam but if you help capitalists they will try keep you in power 😁

@@hargunsingh6920 Yes I agree...stable background and right mindset can compensate lack of money...example kejriwal.

@@Rdev845 now he is being targetting for doing social welfare for poor meanwhile things which BJP gives is jan kalyan while opposition gives is a revadia

@@lakshmidevi0123 media shapes the perception of people....is it revadi or jan kalyan

It's already like that, when people were dying in pandemic and had no job but Adani wealth only grow rapidly in last 2 years.

​@@overlordborn6131 and what's the relation between people dying and adani growing ?

@@sonofuniverse6355 Just look at growth of Adani wealth in last two years.

@@overlordborn6131 but it's people who are buying adani shares, Adani does not force anyone. And still you didn't explained me how adani's growth related to death of people +

@@sonofuniverse6355 It's not because of people, he has artificially inflated his own stock. He takes money from one of his companies and invest in another ans he repeat this same process. Also he is getting loans are very cheap rate and no body knows why only his companies are getting most of the investment from Mauritius companies where some companies hae even invested 90% of their wealth. Lot's of crooked things are going on, but because of kripa of modi ji he is free to do anything .

@Ronit Mehta Themselves

I completely agree with the 2nd point, felt this for a long time. The last words almost difficult to understand.

Adani has kept alot of black money in Mauritius, that's why you can see alot of shell company from Mauritius invested even around 90% of their total wealth in Adani company .

No he won't.. He owns mundara ports and now partly owns Israel biggest ports.. He's business model is complicated but it's the other way around.. If Adani, Ambani, mahindra and tata falls, bjp falls.. Mahindra, Ambani and tata are getting unnoticed due to Adani.. Just watch the amount of growth they have witnessed too.. Global companies like Microsoft has huge investments in bjp party.. That's the reason openly bil gates support India these days.. This type of business politics happens in all countries.. Guess what, even is USA Biden gives GM and Ford support.. Biden brought tiktok back and even force pushed ev until 2030 which even elon musk said won't happen because Chinese SAIC motor also invest in Biden govt.. Bajaj family openly supports congress in NDTV.. Again business politics have been the culture...

Bvfrahnin quota people

@@THUGPUTIN Yes, companies (that creates wealth) control every other capitalist country. We don't really know the true details of the company finances. But Adani does not create wealth (as I understand). So I would not make any investments to Adani just because it operates the ports and airports. One cannot predict the activity of regulators in a non-BJP government. It's like a company leasing a state owned housing complex (at a cheap price) for 100 years and renting to make profit. I would not invest in such a company in the long term.

Ye aapko samajh me ata hai public ko nahi public ki najar me aisi sab baate anti market

Uncertain? Definitely after reservation in Private sectors 😂😂... MNC will leave this Sh*t pot were everyone are in a rat race of being backward

Bhai har chiz ko time lagta hai ab tum yeh expect nahi karsakte thein ki 1947 ke 40 saal baad india Ameer ban jayega

The USA where the common man can't afford higher education, healthcare and housing. 💀 Letting a few people/companies so much power over a country's economy is only beneficial for the select few, it has little change for the common man who has unemployment issues, frozen wages and increasing work hours.

yes

Because of funding. Funding matters. Countries with good public education system have great research facility.

Also no industry interaction is allowed in public universities in india

Stanford is publically funded

@@saikatbag3961 correct

I think what matters is the intention and funding of Government As you can see no one wants to send their children to govt. schools but there is a huge rush and competition for seats in government colleges so there's nothing like competition that improves education

Capitalism itself is a form of monarchy or we can say monarchy itself is end goal of capitalism. In capitalism all the economic power are eventually transferred to an group of individuals and they manipulate it for their benefit. In Monarchy along with Economic powers, administrative and military power is centered around a group of people and their head is called monarch. In both capitalism and Monarchy hereditary transfer of money and power is performed and merit and principle of equality is discarded. This eventually lead to class segregation and inequal opportunities and inequal society.

Shakti man 😏

Not exactly, it happens when legislature and regulations

There's a difference between free market capitalism vs crony capitalism, countries like singapore and japan and south korea offer truly free markets, what we need is this free market capitalism not the crony one, capitalism is the only successful model for any economy socialism always fails and hierarchy is natural amd will always be there

@@internetastronaut4973 completely wrong, free market is not solution, current status of usa is same, its only beest for rich people, may be you are a rich. Capitalism with socialism is best which is what is done in Scandinavian countries which are best in every way for general public.

There are many positives too like they can invest in businesses which have high entry barriers because of huge capital required But if you look closely Ambani's and Adani's wealth is growing rapidly while 97% of the people are suffering from lowering of income and they are not creating any new business they are just accumulating pubic sector or govt. sector companies While common people are having lower incomes so they will buy less and less consumption would lead to slow economic growth as our economy is consumption based and when people will not have money to buy What these capitalist will produce or provide hence decreasing capital flow in the economy

Ehhh no, your first paragraph is long on many levels, and you could write a book answering the question, however the second one is completely stupid, jio has killed all its competition and the government has helped it monopolize the industry, currently you are enjoying the wave as it undercuts its competitors, slowly price of elasticity demands kick in, soon after, no matter how much they increase their price you'll be forced to buy from them.

@@shinjin2241 it's because of decade long socailism.

@@shinjin2241 south and west is developed because of capitalists. North and east is poor because of socialists

@@nknkannadiga9742 Naah you are on wrong track.. North & East India are not poor because of socialism but something else. And that is changing world order. Let me elaborate..... North & east Indian states like Punjab, Haryana, UP, Bihar, Bengal, Bangladesh, Assam always has most fertile soils of Indian subcontinent. So, they had their whole life dedicated to agriculture while Rajasthan, Gujrat, Maharashtra (expect some areas) areas never had option of agriculture. So, they always relied on Bussiness & handicrafts. Also, Britishers made Bombay the most industrialised city of India which eventually gave benefit to both Gujrat & Maharashtra. Similarly, Delhi gave benefit to Punjab province (Punjab+Haryana+Delhi). Chennai gave benefit to Madras province (Kerala, Tamil Nadu, Andhra Pradesh), Hyderabad gave benefit to Telangana and Bangalore to Karnataka. There cities were made hundreds of years before India got independence. Bengal also had benefit of having megacity of Kolkata but they failed to utilise it. Bihar, MP had benefit of minerals but all waned with their partition. So geographical, demographical, political & historical reasons all accounted for today's difference. It's not only because of socialism.

This comment is support enough ❤️

me too

😂

Bhramins are poorest per capita income group of India get your facts right

This is Marxist Historiography and thus definitely not in accordance with scientific interpretation of history. Yes, from the early medieval era economy began to be related with jaati and upjaatis due to distortion of varnashram into jaativaad. Varnashram was different, it was based on merits and variable. It was nepotistic elements that entered it led to its corruption. Later through jaativaad, samantavaad(feudalism) started. It made economic work hereditious and harmed economy. In Indic scenario, from License Raaj its origin lays as said in the video. And modern versions of Crony capitalism is different from it. People from any castes(say SC) taking advantages of reservations can unfairly rise to top and then become owner and in this way as wealth expands he would become capitalist and try to be with the government for better offs and thus that SC can also be a crony capitalist. Eradication of all forms of caste identity and developing class consciousness instead is necessary for long term betterment.

You should also check out second thought channel, they explain socialism in better way. And the people who think that india was a socialist country then they are wrong, because India had it's own fuedal or local bourgeois who used to control the wealth and not the Indian workers.

@@overlordborn6131 agreed, i do watch Second thought and I love their content, it's just these two channels came to my mind at that time. People in India really don't understand socialism, they think just because our constitution has the word socialism then that means we were socialist.

@@aliturk6692 Because I think they don't even understand what is theory or what does it mean by class struggle ? All Bourgeois hates socialism and tried to keep workers distracted and let them fight and compete among themselves for job . It's worse in India, because if you demand better wages then they would easily replace you and there are 100,000 of other workers who are ready to work as slave. That's why even Americans exploit Indian workers in America because they say that they can work without even looking at clock. Only socialism can help us and not few rich billionaire who are busy tweeting and exploit their workers behind their back .

@@overlordborn6131 exactly, Indians those who need socialism don't have the means to know what it is because most of them are already exploited by the bourgeois who know and hate socialism, bourgeois fill the mind of people with hate towards socialism by portraying it as anti-religion and culture.

Also Net Worth is not equal to Liquid cash and the amount of money he could take out easily

@@redstream1237 yaa this the price of his shares but he owns a lot of resouces like airports, seaports, coal mines, petrol and gas station and many more

Nbtrahnin quota people

most of the consumption is generated by top 10% of indians ... and they are getting richer

I feel consumption is happening at a large scale only between the 1% of the people who run the economy. Aur wohi sab mil baat kar kha rahe hai. Baaki labor class aur hum jaise middle-class ko athanni chavanni dekar (salary ke naam par) chup rakhte hai. This is how it works. But yes, there is a way to reach at the top. Building lambi hai - ek aise building jisme har ek minutem ek naya floor add hota hai. Ab konse floor pe jaana hai ye decide karna rests in the hand of the individual. Ekdam upar jaane ki zarurat nahi. 6-7th floor is enough (middle mein) jaha se view bhi acha hai aur aisho aaram bhi. One thing is clear - it's up to the person to go down (poverty) or go up (be rich), even come out of the situation (say from poverty). This is what I feel. I'd love to hear what others think.