Swaminathan Aiyar wrote a seething attack on Thomas Pikketty's attack on liberalism of Indians economic model and the massive inequality not seen on the sub-continent since the days of the British Raj. The economic Times right-wing economics writer says the liberalism economic model and drive away form socialism is what has elevated so many Indians out of poverty instead of saying the socialistic education improvements of the post world War II Indian government that enabled so many millions of Indians to receive an education and the right-wing Indian writer also attacked Thomas Pikketty's recent analysis of Indian economic moves of the past two decades.
Pikketty also blasted Nerander Modi a new asshole saying how communist China has done a better job of reducing inequality while the Hindu nationalist seeks to promote and oush for more tax cuts for the wealthyh and corporations and president Modi seeks to expand it to rival the inequality of America and other Anglo countries.
Mr Aityar says Pikketty's major flaw was looking at the tax data to make judgments about incomes but Mr Aiyar just makes the same sorry excuses to inequality many of these Financial Times writers so and says that because some imaginary poverty line has been crossed by many that the super rish need to continue making all the super gains of global economies. Swaminathan's arguments against Mr Pikketty are complete nonsense and he makes it sound that Indians going to the Gulf states for earnings is a good thing working to what amounts to slave wage jobs building up other countries and having elite Indians pass off the burdensome trouble of migratory Indians.Elite global Indians have hoarded their wealth and moved around the world in avoiding taxes resulting in a massive amount of gains in inequality in Indian society not seen as Thomas Pikketty and Lucas Chancel point out in new writings when 500 prices in essence had all o0f the wealth working hand in hand with British colonizers. Thomas Pikketty showed that Indian inequality was shrinking through time before disastrous economic reverses if the past twenty years was installed and this Indian economic fake new journalist is just ful of Indian bullshit. This insane journalist bias writer says tax data cannot be used to measure inequality and that we should just trust surveys of households and let the fake news journalists make up judgmental calls on increasing or if no increasing inequality. Swanieconomics is as stupid as Swanijournlaism and he is a hack for Indian elites who do not want to abide to Thomas Pikketty's warning that they need to be more responsible in paying their fair of taxes for their growing countries in need of revenue that Western elites of the 20th century.
The fact is Indian socialism was a work in progress and society was pretty much simpler and individual citizens more equal than perhaps in any other capitalist country we have ever seen and is why the global neo-liberalists pushed so hard for economic reform in India through the years and helped set up a rival Muslim anarcho state next to them to put a state of fear to the Indian socialists who had to seek Soviet alliances and deals. while international investing into places like India have reduced inequality at the expense of Western jobs and workers, not all fro these gains are distributed nearly fairly and instead were to certain global regions and cities of preference of the globalist trading class with ease access and Ponzi schemed development priorities to establish a controlling dominating class to ensure global capitalism inequalities and dependencies through trade and political involvement.
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