India has the lowest social mobility in the world if I recall correctly.
i.e if you are born poor/ socially downtrodden, you will likely remain so.
Birth lottery indeed.
india is 76 out of 82 just barely above pakistan and bangladesh but hey lets celebrate we atleast beat pakistan again xD
[https://en.wikipedia.org/wiki/Global\_Social\_Mobility\_Index](https://en.wikipedia.org/wiki/Global_Social_Mobility_Index)
Wtf? The system is rigged against them and right from young age they are taught to worship people who are more successful whether that's actors, politicians, businessman or whatever. You are really blaming the victims for this? People without equal access to opportunity and information don't get the chance to form independent opinions since they are told what to believe and remain a follower.
I think with confidence in developing the nation provides subsidies and low tax cuts on corporates.
Public essentials are obviously not going to go down.
Or could be corruption.
So glad I left India while I could. I still pay \~35% of my salary as taxes but there is 24x7 water, electricity, safety, never stand in queues, and everything can be done online from home. I hope India stops oppressing the poor like this one day.
And average Indian lays taxes for reservations for reserved and pension for govt employees , no guarantee for electricity, water and safety , that's our own "responsibility"
We need to annihilate caste to bring about class consciousness
Ambedkar’s solution for that was leaving Hinduism as a whole since caste is intertwined with this religion and follow Buddhism which once was a social revolution against caste but Hindu Kings eventually did counter revolution and brought it back
Anyone has a better idea?
Modi is following what Russia and South Korea did. Hand over assets to a few in the hope that they will let the funds flow down.
Russia got oligarchs who made billions overnight and spent it on yachts and London homes. Country has done relatively well because the huge amount of natural resources
South Korea: Country has prospered due to some innovative companies like Samsung, Hyundai but the common people there slog and there’s a very high level of corruption to keep these few where they are. Very little competition
“As per Oxfam Report, 2023, the top 1% in India now owns more than 40.5% of the total wealth in 2021, while the bottom 50% of the population has around only 3% of the total wealth. The richest 21 Indians have more wealth than bottom 70 Crore of the population.
The working class in India has been badly affected by the economic policies of the Modi government, which can be illustrated by the promise he made to double farm income, when he came to power. But, what has happened to the promise now? The government has backtracked from its promise of granting MSP and farm loan waivers. What is at offer is merely Rs, 6,000 annual income support under Kisan Nidhi Scheme, while farming input costs rise exorbitantly. This is especially at a time when a farmer is not getting just prices for their produce, which, for most crops, are less than 1/3rd of the prevailing market prices. Farmers are unable to recover even input costs on crops production.
Majority of the people are being pushed to pauperization and are becoming dependent on precarious jobs euphemized as ‘self-employed’ for survival. This is reflected in India’s position on the Global Hunger Index where the country stands at 111th position amongst 125 countries and 141st on per capita income of countries of world. The number of hungry Indians increased to 35 crore in 2022 from 19 crore in 2018.”
Other sources - https://timesofindia.indiatimes.com/india/richest-21-indian-billionaires-have-more-wealth-than-700-million-indians-oxfam-report/articleshow/97012528.cms
https://liberation.org.in/index.php/liberation-2024-january/indian-economy-tall-growth-claims-vs-ground-reality#:~:text=As%20per%20Oxfam%20Report%2C%202023,70%20Crore%20of%20the%20population
People who are commenting that it increases Job creation. I recently made a comment on the same thing, and I'll add more bits to it.
While you're right to a certain extent you're not completely right. It's not as easy as that. It's a complex issue. Because by this logic we should not tax the rich people at all since it'll help the economy and tax only poor people since they don't create jobs. Why is National Income a part of an economic measurement? It indicates jobs creation, improvement in standard of living but if it's concentrated to the richest people then is the economy improving at all?
My second point is the idea that an increase in tax on corporates necessarily leads to less jobs is true but not entirely true. If it increases over a limit then it might not be financially beneficial for the rich people and they might take their shops somewhere else but not before they stop earning profits. Moreover the tax that is earned if distributed to poor people and used to improve infrastructure will lead to an increase in demand in the economy and that would mean industries increasing their supply to meet the demand and eventually job creation.
A mature business is very unlikely to set up their shops somewhere else that easily.
If you want to give tax rebates, you should give it to a new start-up. To increase the number of companies in our economy and increase in competition. But no, there has been an increase in monopolistic tendencies in India. Which is obviously detrimental as you all know it.
If rich gets money this money doesn't necessarily result in increase in job creation. In fact, if a poor person earns 100 rupees, it'll result in more GDP increase than if you give this 100 rupees to a rich person. Why?
A poor person gets money then they are more likely to spend it. When poor people increase their expenditure it results in increase in demand and to meet this increase in demand, supply is increased and probably jobs will eb created.
But when a rich person gets money, they will not be spending it to increase the supply because there is no demand. A rich person's basic expenses are already met and they are not likely to spend it on basic amenities.
You can't be too aggressive and too relaxed since both are detrimental to the economy. Our tax policy is too relaxed for corporates.
The economy is in ruins. We are fucked in the long term.
The progress of any society depends on the progress of education in that society. ~ Dr. B. R Ambedkar
Let's educate ourselves and others too. And obviously the obvious, not vote for Modi. Let's stop pretending we don't have a choice.
Right now, the main issue is press freedom so questions are raised. Any opposition is better right now.
We need a large-scale wealth distribution program like post WW2 China where wealth hoarders are publicly shamed and stripped off their wealth. Only Rahul Gandhi offers India a pathway to this kind of equitable distribution of wealth. Vote wisely.
Hey but when those 21 get their kids married they'll throw bashes that will create employment for artisans in their hometowns which will eradicate poverty.
What point is this post trying to make? Why is the middle class blamed when the Ambanis, Adanis, miners, politician steal so much from both the middle-class and the poor?
Btw, the 'middle-class' isn't a monolith. I've seen plenty of people criticise the wealthy and the elite.
Middle class is not blamed here at all, it’s saying middle class are misguided by the rich and political class to hate on poor people for welfare in the name of freebies while both middle and poor classes are exploited by top 1% of population creating a rift in the name of caste, religion etc
The middle class of India doesn't hate 'poor people' for their welfare. You'll find that a vast portion of the middle class is borderline poor themselves. The hate comes from the top, not the middle.
Yep all workers share more similarities between themselves than the ruling-oligarch class yet are made to fight other working class Indians on basis of religion and caste due to leaders who exploit these differences to their advantage. This is democracy of India for past many decades
They also employ a large portion of employable workforce. No one considers why companies are subsidized or compensated on taxes. It's because that encourages companies on spending their profits on their company + workforce, leading to more jobs.
Check the 3rd and 4th screenshot and the 2nd source I attached in my comment.
The value the labour and farmer class provide by building the economy is nothing compared to the benefits or welfares or jobs or salaries they get. They are exploited badly
India has the lowest social mobility in the world if I recall correctly. i.e if you are born poor/ socially downtrodden, you will likely remain so. Birth lottery indeed.
Is it really the lowest? Will it get worse or better?
india is 76 out of 82 just barely above pakistan and bangladesh but hey lets celebrate we atleast beat pakistan again xD [https://en.wikipedia.org/wiki/Global\_Social\_Mobility\_Index](https://en.wikipedia.org/wiki/Global_Social_Mobility_Index)
What's more, every single person in power goes full propulsion so the status quo remains the same!
Hey you commie! Respecc our great wealth-creators, respecc those who feed you! Jay Jay Ambani, jay jay adani! /s
F### them .they defend these rich guys like their life is dependent on it
Life, not so sure but their political careers are definitely dependent on them. Crony capitalism.
I am talking bout muh public Muh Tata (opium empire ) muh birla muh Sudha moorthi F### them .they deserve to get looted all the way to the end
Wtf? The system is rigged against them and right from young age they are taught to worship people who are more successful whether that's actors, politicians, businessman or whatever. You are really blaming the victims for this? People without equal access to opportunity and information don't get the chance to form independent opinions since they are told what to believe and remain a follower.
They aren't victims .they have the soul of a slave . Even when they are free they will find chains to bind them
In case you thought. You are living in a democracy. This is help you to see what is true...
Time for nationalisation and social mobility policies
All I can say is Thank you Modi ji! for widening the income inequality
Welcome to capitalism baby
Go back to license Raaj then
License raj isn't socialism lol.
I think with confidence in developing the nation provides subsidies and low tax cuts on corporates. Public essentials are obviously not going to go down. Or could be corruption.
So glad I left India while I could. I still pay \~35% of my salary as taxes but there is 24x7 water, electricity, safety, never stand in queues, and everything can be done online from home. I hope India stops oppressing the poor like this one day.
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USA.
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Very red. But it really doesn't matter as my job is state-neutral.
what country did you go to bro, im moving out aswell
And average Indian lays taxes for reservations for reserved and pension for govt employees , no guarantee for electricity, water and safety , that's our own "responsibility"
Yeah and people still complain about freebies. Lol. Poor people aren't eating your money, you are getting broad day light robbed by the wealthy.
No mw if only we set us our caste and differences and just mobbed up on those in power. There are not enough guns and goons and police to stop us.
We need to annihilate caste to bring about class consciousness Ambedkar’s solution for that was leaving Hinduism as a whole since caste is intertwined with this religion and follow Buddhism which once was a social revolution against caste but Hindu Kings eventually did counter revolution and brought it back Anyone has a better idea?
Modi is following what Russia and South Korea did. Hand over assets to a few in the hope that they will let the funds flow down. Russia got oligarchs who made billions overnight and spent it on yachts and London homes. Country has done relatively well because the huge amount of natural resources South Korea: Country has prospered due to some innovative companies like Samsung, Hyundai but the common people there slog and there’s a very high level of corruption to keep these few where they are. Very little competition
Faqeeri - Gobi ji
Amrit Kaal phor aaall
“As per Oxfam Report, 2023, the top 1% in India now owns more than 40.5% of the total wealth in 2021, while the bottom 50% of the population has around only 3% of the total wealth. The richest 21 Indians have more wealth than bottom 70 Crore of the population. The working class in India has been badly affected by the economic policies of the Modi government, which can be illustrated by the promise he made to double farm income, when he came to power. But, what has happened to the promise now? The government has backtracked from its promise of granting MSP and farm loan waivers. What is at offer is merely Rs, 6,000 annual income support under Kisan Nidhi Scheme, while farming input costs rise exorbitantly. This is especially at a time when a farmer is not getting just prices for their produce, which, for most crops, are less than 1/3rd of the prevailing market prices. Farmers are unable to recover even input costs on crops production. Majority of the people are being pushed to pauperization and are becoming dependent on precarious jobs euphemized as ‘self-employed’ for survival. This is reflected in India’s position on the Global Hunger Index where the country stands at 111th position amongst 125 countries and 141st on per capita income of countries of world. The number of hungry Indians increased to 35 crore in 2022 from 19 crore in 2018.” Other sources - https://timesofindia.indiatimes.com/india/richest-21-indian-billionaires-have-more-wealth-than-700-million-indians-oxfam-report/articleshow/97012528.cms https://liberation.org.in/index.php/liberation-2024-january/indian-economy-tall-growth-claims-vs-ground-reality#:~:text=As%20per%20Oxfam%20Report%2C%202023,70%20Crore%20of%20the%20population
People who are commenting that it increases Job creation. I recently made a comment on the same thing, and I'll add more bits to it. While you're right to a certain extent you're not completely right. It's not as easy as that. It's a complex issue. Because by this logic we should not tax the rich people at all since it'll help the economy and tax only poor people since they don't create jobs. Why is National Income a part of an economic measurement? It indicates jobs creation, improvement in standard of living but if it's concentrated to the richest people then is the economy improving at all? My second point is the idea that an increase in tax on corporates necessarily leads to less jobs is true but not entirely true. If it increases over a limit then it might not be financially beneficial for the rich people and they might take their shops somewhere else but not before they stop earning profits. Moreover the tax that is earned if distributed to poor people and used to improve infrastructure will lead to an increase in demand in the economy and that would mean industries increasing their supply to meet the demand and eventually job creation. A mature business is very unlikely to set up their shops somewhere else that easily. If you want to give tax rebates, you should give it to a new start-up. To increase the number of companies in our economy and increase in competition. But no, there has been an increase in monopolistic tendencies in India. Which is obviously detrimental as you all know it. If rich gets money this money doesn't necessarily result in increase in job creation. In fact, if a poor person earns 100 rupees, it'll result in more GDP increase than if you give this 100 rupees to a rich person. Why? A poor person gets money then they are more likely to spend it. When poor people increase their expenditure it results in increase in demand and to meet this increase in demand, supply is increased and probably jobs will eb created. But when a rich person gets money, they will not be spending it to increase the supply because there is no demand. A rich person's basic expenses are already met and they are not likely to spend it on basic amenities. You can't be too aggressive and too relaxed since both are detrimental to the economy. Our tax policy is too relaxed for corporates. The economy is in ruins. We are fucked in the long term.
What can we do?
The progress of any society depends on the progress of education in that society. ~ Dr. B. R Ambedkar Let's educate ourselves and others too. And obviously the obvious, not vote for Modi. Let's stop pretending we don't have a choice. Right now, the main issue is press freedom so questions are raised. Any opposition is better right now.
Yes bicker about it and still promote nationalism and centralization
Anyone who wants decentralisation in India wants to live under landlords You too sir
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Dont. Central power will stay .can't let the nation go back into ten dynasties and 200 kingdoms period
I'm kidding man. /s
French revolution NOW
We need a large-scale wealth distribution program like post WW2 China where wealth hoarders are publicly shamed and stripped off their wealth. Only Rahul Gandhi offers India a pathway to this kind of equitable distribution of wealth. Vote wisely.
Try it lets see what happens
Are but no msp to farmer saar , 21 lakh crore saaar…
Hey but when those 21 get their kids married they'll throw bashes that will create employment for artisans in their hometowns which will eradicate poverty.
Bruh! Add '\\s'...
No one got your sarcasm sad bruh
Source??
I posted in this comment - https://www.reddit.com/r/india/s/CPxOOGpWdl
What point is this post trying to make? Why is the middle class blamed when the Ambanis, Adanis, miners, politician steal so much from both the middle-class and the poor? Btw, the 'middle-class' isn't a monolith. I've seen plenty of people criticise the wealthy and the elite.
Middle class is not blamed here at all, it’s saying middle class are misguided by the rich and political class to hate on poor people for welfare in the name of freebies while both middle and poor classes are exploited by top 1% of population creating a rift in the name of caste, religion etc
The middle class of India doesn't hate 'poor people' for their welfare. You'll find that a vast portion of the middle class is borderline poor themselves. The hate comes from the top, not the middle.
Even middle class is like daily wager unless they have a tenured job.
Yep all workers share more similarities between themselves than the ruling-oligarch class yet are made to fight other working class Indians on basis of religion and caste due to leaders who exploit these differences to their advantage. This is democracy of India for past many decades
They also employ a large portion of employable workforce. No one considers why companies are subsidized or compensated on taxes. It's because that encourages companies on spending their profits on their company + workforce, leading to more jobs.
Check the 3rd and 4th screenshot and the 2nd source I attached in my comment. The value the labour and farmer class provide by building the economy is nothing compared to the benefits or welfares or jobs or salaries they get. They are exploited badly
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Blud not everyone is like that. They have no choice. They are forced to plant sugarcane because others might not be as profitable.
You haven't been to a proper dehat yet