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How Crony Capitalism is the Biggest Enemy of Equality and Economic Efficiency?
How Crony Capitalism is the Biggest Enemy of Equality and Economic Efficiency? The dream of every individual in the society and a level playing field, where hard work and talent are the keys to success, is a cornerstone of a healthy economy. However, this ideal is often hampered by the insidious forces of crony capitalism.…
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“Four Pillars, One Ruler: The Crushing Grip of Power on Indian Democracy”
“Four Pillars, One Ruler: The Crushing Grip of Power on Indian Democracy” Four Pillars, One Grip: A Stark Portrait of Indian Democracy’s Erosion India, the world’s largest democracy, stands upon four pillars: a vibrant citizenry, a free press, an independent judiciary, and a robust system of checks and balances. These pillars, once heralded as testaments…
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“How Corporate Money Buys Political Will and Shapes Wealth Distribution in India”
India, a vibrant democracy boasting economic progress, whispers a darker tale beneath its glittering facade. A tale etched in the lines of deepening inequality, where the gap between the opulent few and the struggling many widens with each passing day. But this chasm yawns open not by chance, but by design. At its heart lies…
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Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor 