Sridhar Vembu and Zoho's other owners could have run the company as a cooperative, paid the surplus out as wages or priced its products at cost. No fund manager would have stopped them. They did not.
Zoho founder Sridhar Vembu made the case for keeping certain ‘noble’ professions away from the profit motive in two X posts. He also proposed a way to sustain this ‘bedrock’.
The methods of the welfarist reduce the productivity of human effort and thus affect the welfare of the invalids as well as of the able-bodied. This is a greater injustice, BS Sanyal wrote in 1957.
It is the law of progress that a few persons must go to the top to show the possibilities and opportunities, so that others might emulate and follow them, wrote GN Lawande in 1958
It is not capitalism which is responsible for the evils of permanent mass unemployment, but the policies of the stateman which paralyse its working, wrote BS Iyer in 1971.
Distancing from a flyer, promoting a workshop 'South Asian Capitalism(s)', IIT-B took down all mentions of the event co-organised with UC Berkeley & UM-Amherst from website.
Ask some people about India’s ever-worsening income inequality, and they will say it has nothing to do with the power of big business. To them, political theorist Brian Barry says: you cannot have it both ways.
For Yanis Varoufakis, we're living through a tech-driven economic revolution. He challenges us to come to terms with what has happened in the era of Big Tech & Big Finance.
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India since independence has gone through several economic transformations; from a moderate socialist state in...
In a seminal work, former military officers Lt. Gen. D.S. Hooda & Lt. Col. Pavithran Rajan put forth a framework to approach cognitive warfare, called Socio-Technical-Cognitive Battlespace.
India, China and Russia share more contradictions than congruence. Each has a different worldview, as also a different adversary. The rude fact is that BRICS is the most irrelevant of all such groupings.
Romanticizing agriculture as a ‘sacred non-profit vocation’ conveniently hides a massive structural hypocrisy. Wealthy commercial farmers collect heavy subsidies, enjoy tax-free profits, and pay ₹0 to the state while a middle-class engineer pays for national infrastructure.
Taxing agricultural income above ₹25 or ₹50 lakh wouldn’t hurt a single struggling cultivator, but it would stop rich landholders and politicians from using Section 10(1) as a legal money-laundering park.
A middle-class salaried worker making ₹12 lakh pays up to 30% tax, while agrarian elites netting ₹10 crore pay ZERO tax. Absolutely nothing. Protecting 85% of struggling marginal farmers is necessary, but letting wealthy commercial estate owners and plantation lords enjoy a permanent tax-free haven under Section 10(1) is absurd.
It is long past time for these elites to pay their fair share.
Thanks for presenting such a sane argument. Education is one pillar which suffers the most due to this attitude in India. It is any day better to pay someone for their services and value provided than being told forever to be grateful to the teachers and farmers who are sacrificing their life for others.
Romanticizing agriculture as a ‘sacred non-profit vocation’ conveniently hides a massive structural hypocrisy. Wealthy commercial farmers collect heavy subsidies, enjoy tax-free profits, and pay ₹0 to the state while a middle-class engineer pays for national infrastructure.
Taxing agricultural income above ₹25 or ₹50 lakh wouldn’t hurt a single struggling cultivator, but it would stop rich landholders and politicians from using Section 10(1) as a legal money-laundering park.
A middle-class salaried worker making ₹12 lakh pays up to 30% tax, while agrarian elites netting ₹10 crore pay ZERO tax. Absolutely nothing. Protecting 85% of struggling marginal farmers is necessary, but letting wealthy commercial estate owners and plantation lords enjoy a permanent tax-free haven under Section 10(1) is absurd.
It is long past time for these elites to pay their fair share.
Thanks for presenting such a sane argument. Education is one pillar which suffers the most due to this attitude in India. It is any day better to pay someone for their services and value provided than being told forever to be grateful to the teachers and farmers who are sacrificing their life for others.