> Treat the payment backbone as a public infrastructure.
Yeah. Let banks fund this out of the 2% of NP they must use for CSR activities if they have to.
> he too subscribes to the anarcho-right political ideology of transferring wealth from the poor and the middle-class to the rich
I do not see this. In fact, he is TOO socialist. He was elected on the platform (one of them at least) of "minimum government, maximum governance" and has actually continued to expand the reach of government. The bureaucracy has not been tamed. The government continues to run businesses. Build a sovereign wealth/investment fund like Singapore if you want a share of the growth in the economy instead of running loss-making businesses for decades.
And all the centralization of decision-making. He is more of Nehru/Indira than he thinks he is.
> I do not see this. In fact, he is TOO socialist.
GST implementation, Demonetisation, unnecessary COVID restrictions etc. resulted in anarchy that was all designed to drain wealth (make labour cheaper) and / or transfer wealth from ordinary people or small businesses to the corporates (to make select rich, richer). He has also weakened all social welfare programs of the previous government by reducing funds or introducing restrictions designed to sabotage it for the intended beneficiaries. The centralised decision-making stems from the fascist ideology that he subscribes to (RSS, the indian organisation that he emerged from, admired Mussolini and Hitler).
Needed. I run a business. The previous tax system was horrific in its complexity and corruption.
> Demonetisation
Implementation could have been better. But there is too much cash in the system for my comfort. Things must be digitized. We must ensure people pay their rightful share of taxes.
> unnecessary COVID restrictions etc
Hindsight. I remember how the media was blaming every single death on the government and making videos of funerals. We saw the best and worst of humanity during that period.
> He has also weakened all social welfare programs of the previous government by reducing funds or introducing restrictions designed to sabotage it for the intended beneficiaries
Have you looked at the subsidy bills? Have you looked at the finances of the state governments? You know Modi was against the rewadi culture and then had to get into competitive cash giving? I absolutely hate it. But that is the cost of doing politics in India.
Cities provide free bus rides to women, and run buses in competition to metro routes, making metros nonviable. This is such short-sighted behavior. I do not know what to say.
> fascist ideology
I do not agree with the criticism. At all. This is fairly typical of the nominal left in India and outside. Will paint with a large brush. To understand the RSS, you must go back to Hindu-Muslim relations in British India, to stoning of Hindu processions in Nagpur of the 1920s (which continue across India to this day), to the Moplah massacres and forced conversions of Hindus, and even farther back.[1]
My biggest problem with the RSS is the hubris in the top echelon and deep anti-intellectualism. Bhagwat's "same DNA" theory is a laugh riot.
But this is a different topic more suitable for a different thread.
> he too subscribes to the anarcho-right political ideology
Trump is not at all a libertarian? He's probably the least libertarian republican president in modern history. He is big government, anti-free market and anti-global markets (tariffs), pro-state intervention in industry favouring big legacy businesses (CHIPs act, auto companies, etc), and big on debt spending.
Did Trump's Tariffs create confusion and mayhem, increase price (drain wealth) and ultimately lead to the siphoning of billions of tax payer money (again, another drain) to rich corporates? Yes, it has. Make of that what you will ...
you have no concept of the political or economic spectrum, gotcha
If you need some help google "authoritarian capitalism", "state capitalism", "crony capitalism", or "corporatocracy". All of those are in opposition to anarcho-capitalism. Aka rather than limit government power they encourage the expansion of government influence in industry, thereby enriching the entrenched power players (megacorps) and subsequently greatly reward politicians and ex-gov employees who played along.
Anthropic/Dario is working on becoming the modern poster boy of this.
> Treat the payment backbone as a public infrastructure.
Yeah. Let banks fund this out of the 2% of NP they must use for CSR activities if they have to.
> he too subscribes to the anarcho-right political ideology of transferring wealth from the poor and the middle-class to the rich
I do not see this. In fact, he is TOO socialist. He was elected on the platform (one of them at least) of "minimum government, maximum governance" and has actually continued to expand the reach of government. The bureaucracy has not been tamed. The government continues to run businesses. Build a sovereign wealth/investment fund like Singapore if you want a share of the growth in the economy instead of running loss-making businesses for decades.
And all the centralization of decision-making. He is more of Nehru/Indira than he thinks he is.
> I do not see this. In fact, he is TOO socialist.
GST implementation, Demonetisation, unnecessary COVID restrictions etc. resulted in anarchy that was all designed to drain wealth (make labour cheaper) and / or transfer wealth from ordinary people or small businesses to the corporates (to make select rich, richer). He has also weakened all social welfare programs of the previous government by reducing funds or introducing restrictions designed to sabotage it for the intended beneficiaries. The centralised decision-making stems from the fascist ideology that he subscribes to (RSS, the indian organisation that he emerged from, admired Mussolini and Hitler).
> GST implementation
Needed. I run a business. The previous tax system was horrific in its complexity and corruption.
> Demonetisation
Implementation could have been better. But there is too much cash in the system for my comfort. Things must be digitized. We must ensure people pay their rightful share of taxes.
> unnecessary COVID restrictions etc
Hindsight. I remember how the media was blaming every single death on the government and making videos of funerals. We saw the best and worst of humanity during that period.
> He has also weakened all social welfare programs of the previous government by reducing funds or introducing restrictions designed to sabotage it for the intended beneficiaries
Have you looked at the subsidy bills? Have you looked at the finances of the state governments? You know Modi was against the rewadi culture and then had to get into competitive cash giving? I absolutely hate it. But that is the cost of doing politics in India.
Cities provide free bus rides to women, and run buses in competition to metro routes, making metros nonviable. This is such short-sighted behavior. I do not know what to say.
> fascist ideology
I do not agree with the criticism. At all. This is fairly typical of the nominal left in India and outside. Will paint with a large brush. To understand the RSS, you must go back to Hindu-Muslim relations in British India, to stoning of Hindu processions in Nagpur of the 1920s (which continue across India to this day), to the Moplah massacres and forced conversions of Hindus, and even farther back.[1]
My biggest problem with the RSS is the hubris in the top echelon and deep anti-intellectualism. Bhagwat's "same DNA" theory is a laugh riot.
But this is a different topic more suitable for a different thread.
[1] Pakistan: A 300-year-old project that Jinnah completed with Partition (https://www.indiatoday.in/opinion/story/partition-india-paki...)
7 replies →
> he too subscribes to the anarcho-right political ideology
Trump is not at all a libertarian? He's probably the least libertarian republican president in modern history. He is big government, anti-free market and anti-global markets (tariffs), pro-state intervention in industry favouring big legacy businesses (CHIPs act, auto companies, etc), and big on debt spending.
Did Trump's Tariffs create confusion and mayhem, increase price (drain wealth) and ultimately lead to the siphoning of billions of tax payer money (again, another drain) to rich corporates? Yes, it has. Make of that what you will ...
> Make of that what you will ...
you have no concept of the political or economic spectrum, gotcha
If you need some help google "authoritarian capitalism", "state capitalism", "crony capitalism", or "corporatocracy". All of those are in opposition to anarcho-capitalism. Aka rather than limit government power they encourage the expansion of government influence in industry, thereby enriching the entrenched power players (megacorps) and subsequently greatly reward politicians and ex-gov employees who played along.
Anthropic/Dario is working on becoming the modern poster boy of this.