Indian Economics thread.

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Chandragupt

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Russia has a higher per capita consumption of electricity than Switzerland, yet the Swiss are 6X richer in GDP per capita.

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Definition of GDP , the calculation method can vary country by country but in case of Russia it’s because of falling rubble it doesn’t mean that manufacturing of Russia is weaker than Switzerland manufacturing requires electricity amd the countries which produce more consume more electricity it’s as simple as that
 

Bellum_Romanum

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Educated and mature you say? Explain this.

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Especially this one after being appointed as chancellor he was elected as Germany's President. Hitler-appointed-chancellor-shutterstock-750px.jpg
"The fact that many Germans were attracted by the NSDAP was not only because of their party programme. The party radiated strength and vitality. Moreover, the Nazi leaders were young, quite unlike the greying politicians of the established parties. In addition, Hitler's image as a strong leader appealed to people. He was all set to unite the population and put an end to political discord.

The Nazis focused on voters from all walks of life, rather than on just one group, such as the workers or Catholics. They also attracted many people who had never voted before. Still, in November 1932 the party seemed to be past its peak. The economy was recovering, and the NSDAP received 11% fewer votes than in the July elections earlier that same year."

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And this was the Germany that was highly educated, cultured society of Europe. A country that produced Beethoven, Bismark, Carl Von Clausewitz etc.. so @Petrolicious88 argument for democracy is specious.
 
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Petrolicious88

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Especially this one after being appointed as chancellor he was elected as Germany's President. View attachment 88270
German people were desperate. Treaty of versailles required Germany to pay huge financial reparations, disarm, lose territory, etc.. many people were starving. Germany was running out of raw materials and they were wide spread revolts. In their desperation many looked to Hitler as a false way out. Had the people of Germany known the full extent of what the Nazis were going to do, the election results in the early 1930s would surely have been different.
 

el pueblo unido

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Dumb people vote for dumber leaders. Most trump supporters still believe global warming is a hoax.
Im sorry but you seems to contradict yourself here, on one hand US had one of the world's highest GDP, so the US citizen is supposed to handle democracy and mature enough to vote a good leader, yet you also view Donald Trump as a incompetent leader (am I correct ?), so I am just confused o_O
 

Petrolicious88

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Im sorry but you seems to contradict yourself here, on one hand US had one of the world's highest GDP, so the US citizen is supposed to handle democracy and mature enough to vote a good leader, yet you also view Donald Trump as a incompetent leader (am I correct ?), so I am just confused o_O
Several reasons for the election of Trump.

Right Wing politicians are on the rise across the US and Europe. There’s disenchantment and widening fragmentation of the political landscape as a significant portion of the population did not benefit from globalization (in part due to education/skill sets).
The Liberal Left has been in power for decades, political power is now swinging to the Right.

US educational system is also failing. It has some of the best universities, but it’s primary schools are failing. Democracy comes with great responsibilities; your citizens need to be educated enough to make the right decisions.

It doesn’t work in places like Afghanistan or India or Middle East because of corruption, again due to poverty, and poverty and education go hand in hand in most cases. Without them democracy is just mob rule.
 
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Bellum_Romanum

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German people were desperate. Treaty of versailles required Germany to pay huge financial reparations, disarm, lose territory, etc.. many people were starving. Germany was running out of raw materials and they were wide spread revolts. In their desperation many looked to Hitler as a false way out. Had the people of Germany known the full extent of what the Nazis were going to do, the election results in the early 1930s would surely have been different.
And isn't that what the entire west is trying to do to Russia now which is why I laugh and get pissed off because your democratic loonies you call as leaders, along with the spoiled public in the west is essentially trying to repeat that history and situation against Russia. And as I have contended that there's no way that Putin’s replacement isn't going to be much worse if let's say Putin or Russia succumbs by some chance against what the collective west is doing.

And back to my point that democracy wasn't and isn't a panacea to whatever agenda you're trying to push.

If the entire collective west were the one's who lost in WWII the collective trauma and psyche of the people, leaders etc. would have been radically different. The fact that most of the so-called "democracies" of the west were also colonial powers able to hoover everything of value from the colonies they controlled. From land resources, labour resources extracted for the benefit of the democracies you keep singing about. Those key "strategic assets" are what helped, maintained the power base, economic prosperity, and helped pay for war reparations, damages which helped protect the social cohesion of the western democracies.

The U.S. became the hyper power after WWII since it was the main semi-colonial power that was unscathed from the ravages of that conflict. Which provided them the key economic control in much of the world, which gave the American public the wrong understanding and analysis of that war. But even though America was oceans away from the conflict their mighty democratic process didn't preclude them from placing their ethnic Asian minorities in "concentration camps" for the entirety of the war.

I could go on and on and point the contradictions, human rights violations virtue signaling mother beater of a country that the U.S. has exercised all throughout it's existence to show that your thesis is nonsensical and is devoid from the historical realities of people that lived those experience and from people who are living in democratic countries that don't see that political system through rose colored glasses the way Colonialists do.
 
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