Why Is India So Poor?

Long list but will share some points

  1. Most Indians don’t understand capitalism even though they are paid by capitalism. Eg they support of concept of MRP even though it doesn’t make sense in capitalism and most nations doesn’t have it.
  2. Lack of strong judiciary creates major mistrust and causes major friction in commerce. For eg demand draft culture only exists in nations like India as we can’t trust.
  3. We believe we are smartest but we can’t think of 10 inventions we did that world uses today and resulted in wealth creation for India.
  4. 86% of women in urban India doesn’t work. We are in denial but don’t notice the limited ladies compartments in our metros and trains. Even Pakistan has more women working in urban Pakistan than India now.

Curated from Kunal Shah’s Instagram

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