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Dr. Christophe Jaffrelot on Crony Capitalism in India
Manage episode 312806728 series 3246862
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Dr. Christophe Jaffrelot, a leading political scientist at Sciences Po CERI, talks about Crony Capitalism in the Indian subcontinent. The discussion encompasses crucial discourses on the recent Ayodhya Ram Mandir event, the Vijay Mallya case, the impending NPA Bank Crisis, the presence of a religious oligarchy in India, the disregard of the constitution of the country, and capitalisation of the media, among many other topics. Crony Capitalism acts as a rotten from of Capitalism, where the market forces fail to prevail; instead, the political and bureaucratic reach of individuals prevail. Crony capitalists and politicians form a symbiotic relationship with each other to support one another in their individual greedy endeavours. Politicians need Crony Capitalists to fund their elections and Crony Capitalists need politicians to expand their conglomerates without interruptions.
Music Credits: https://www.instagram.com/flace_music/
Dr. Christophe Jaffrelot: Twitter(https://twitter.com/jaffrelotc?s=21) and LinkedIn(https://www.linkedin.com/in/christophe-jaffrelot-791a2315/)
Artwork Credits: Medha Trivedi and https://www.instagram.com/mercuryprobe/
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Twitter: https://twitter.com/ThePhilJunkie?s=21
Website: https://www.thephilosophyjunkie.com
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