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12 Mar, 2014

Modi win will worsen communal mayhem, crony capitalism and mega-corruption – Sitaram Yechury – Hindustan Times

Recollect Steven Spielberg’s hallmark film Schindler’s List. While the businessman protagonist leveraged his support to the fascist regime to prepare a list of Jews and save them from Hitler’s horrendous concentration camps and certain death, he justifies his support saying, “war is the best time for business”. Notwithstanding occasional humanitarian expressions like this, at the altar of profit maximisation, literally everything else can be sacrificed including human life, liberty and dignity.

The success of India Inc’s euphoria, if it happens at all, comes with a venal cocktail of communal mayhem and crony capitalism-promoted mega corruption. The frightening consequences of the curtailment of human rights, civil liberties and social harmony will be disastrous for the rich mosaic of diversity that constitutes our India. Worse, this will be accompanied by a further damning decline in the quality of life of the vast majority of our people.

Read the rest: Profit motive: why markets love Modi – Hindustan Times.