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Illiberal Democrat
Me_Predictor
Socialists and commies rant about wealth inequality What they dont realize is that wealth is a function of risk- the actual issue with capitalism which leads to wealth inequality these
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People value "credentials" too much. Fact is most people don't have much knowledge beyond their area of expertise. And in a lot and lot of fields, people don't have expertise
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Equity of private sector companies at an aggregate level gets created only through two ways : 1. From whatever the govt spends over the years ( but not all of
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Analyzing Indian economy and corporate profits from this perspective ( basically the levy kalecki equation) in the past 30 years, we can find basically 5 different phases (1/n)https://twitter.com/Me_Predictor/status/1344299852780343296 Firs
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2009 to 13 period: corporate investments boomed, govt did spend ok on infra, household investments ( real estate) boomed. Household incomes grew decent and consumption was robustYet corporate profits as
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Good time to revisit this thread nowOn some of the parameters, things turned out better than what was then anticipated (1/n)https://twitter.com/Me_Predictor/status/1261925824032395264 Salaried upper middle classes seem to have withstood sho
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What are the positive values that west have given the world: 1. scientific method ( could it have developed independently in rest of the world were there no colonization? Maybe
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