Conspiracy minded villagers make up >70% of the Indian population.
Honestly won't ever change without some miracle Kurzweilian type breakthrough.
Indian Economics thread.
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Conspiracy minded villagers make up >70% of the Indian population.
Honestly won't ever change without some miracle Kurzweilian type breakthrough.
While that is true... there are industrial or assembly processes that don’t require much brains to operate plus even tho the literate percentage of the population is lower, it’s still a massive number in absolute terms... so India really have no excuse...
when your company is in survival mode, will you risk taking on a new project in an unstable country known to be troublesome?
I think life in india is easy. Plenty of rain, everywhere is fertile, warm weather, no constant war mongering from West.
No need to really work hard if the basic necessities are met relatively easily.
Compared to China: 2/3 land unusable, surrounded by nuclear powers, lots of natural disasters, cold north, etc...
indians really have no incentive to take shit from slave labor factory. Resource curse at work.
Though when their resources start depleting, we might finally see Indians get desperate.
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Of course not... and that’s my point... the stability of a country naturally requires stable governance, at the very least this is essential at the beginning stages of industrialisation (I use this term loosely here), whether the government leans to authoritarianism or democratic doesn’t matter, what matters is stability, the amount of labour and infrastructure.
India has labour... we can argue about literacy but there are processes that don’t require big brains, tho those are have been or are becoming automated now... certain areas of India has the infrastructure... we like to knock on India all the time but that doesn’t mean the entire country is an undeveloped sh*thole... so that leaves us with stability of the country and this doesn’t just mean protests or riots, it also involves the basic stuff like taxes and regulations.
I would argue that the Indian government is the biggest obstacle to its own success and I think most members would agree with this assessment. There are areas in India that has developed and developed very well where the local government seems to understand that if you want bigger bribes you need to smooth things out and make a bigger pie so that even a smaller slice means more in absolute terms while trying to balance the whole rich vs poor dichotomy and there are areas where they take everything they can and use force suppression, causing instability. While the central government is basically a PR machine, coming up with ridiculous policies making them sound good but have no substance, and nothing more...
Holy shit the Indian stock exchange is skyrocketing! The Sensex is at 46,000 now and is barreling towards 50,000. The 3rd best performer in the Asia Pacific after Shanghai and Tokyo in the past 2 years, but its chart is more consistent than Shanghai or Tokyo.
Which are the companies whose shares are being bought?
I am sure india has other labour disputes, this one is simply high profile.
Aside from its internal woes, India also faces external challenges in that China is still the manufacturing superpower, and that there are other competitors for investors to choose from, i.e. vietnam, Bangladesh, Sri Lanka etc.
Aside from its internal woes, India also faces external challenges in that China is still the manufacturing superpower, and that there are other competitors for investors to choose from, i.e. vietnam, Bangladesh, Sri Lanka etc.
That's why I wish Modi will be India's Prime Minister for life
Are they using xiaomi smartphones filming all these chaos and violence?
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