Crony Capitalism is an Oxymoron: India is a Nation of Crony Socialism and Crony Fascism

In the previous article in this blog, “Does the Idea of Crony Capitalism Have Anything to do with Indian Polity and Economy?” dated September 19, 2015, I expressed my skepticism about applying the concept of Crony Capitalism to Indian polity and economy and the reasons behind my skepticism. It was explained in that article that… Continue reading Crony Capitalism is an Oxymoron: India is a Nation of Crony Socialism and Crony Fascism

Does the Idea of Crony Capitalism Have Anything to do with Indian Polity and Economy?

For almost a year or more, there have been numerous articles in the newspapers and TV panel discussions about what is called “Crony Capitalism” being present everywhere in Indian polity. The idea of Capitalism, as a principle of social organization, has always been anathema to Indian intellectuals and politicians since independence. The fundamental principles of capitalism… Continue reading Does the Idea of Crony Capitalism Have Anything to do with Indian Polity and Economy?

Misunderstanding, misconception and Misinterpretation of Ideas of Capitalism, Socialism, Fascism, and Secularism By Indian Intellectuals

Two of my previous articles published in this blog were in response to Ramachandra Guha’s very brief intellectual history of India since independence published in The Caravan magazine on March 1, 2015:  In Absentia:  Where are India’s conservative intellectuals? In this blog post, I would just consider two paragraphs of his article which are an… Continue reading Misunderstanding, misconception and Misinterpretation of Ideas of Capitalism, Socialism, Fascism, and Secularism By Indian Intellectuals