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About Amit Varma

Amit Varma is a writer based in Mumbai. He worked in journalism for over a decade, and won the Bastiat Prize for Journalism in 2007. His bestselling novel, My Friend Sancho, was published in 2009. He is best known for his blog, India Uncut. His current project is a non-fiction book about the lack of personal and economic freedoms in post-Independence India.




Bastiat Prize 2007 Winner

Recent entries

There Is Nothing As Unpatriotic In A Free Country As Coercion

This is a guest column published today in the Sunday Times of India edit page. Last Tuesday, I went to…

Demonetisation Tales

This is the 23rd installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

The Rise and Fall of Emperor Modi

This is the 33rd installment of Lighthouse, my monthly column for BLink, a supplement of the Hindu Business Line. November…

The Humanitarian Cost Trumps Any Economic Argument

Every time a poor person dies, India's GDP per capita goes up. #Modinomics— Amit Varma (@amitvarma) November 23, 2016 So…

Narendra Modi takes a Great Leap Backwards

This is a guest column published today in the Sunday Times of India edit page. In 1958, Chairman Mao ordered…

29 October, 2009

Capital Gains

Ashok Malik writes in The Hindustan Times that the BJP has hurt itself by chasing “straightforward capital gains” in a few states. He is right—but this is true of all parties in all states. People join the pursuit of power because they want the spoils of power. I would wager that not a single prominent politician in the country today gives a damn about public service.

This is not a problem by itself. We are all driven by self-interest, and that’s worked well for us. Human progress is based on individuals serving the needs of others for their own profit. In politics, this would work just fine if we held our politicians accountable for not serving us.

Sadly, in India we have retained the feudal mindset that our governments are there to rule us, not to serve us. With our apathy, we allow them to loot us—for their capital gains are really our capital to begin with. Our political parties are nothing more than competing mafia clans. If the BJP is down right now, it’s not because they are crooked, but because they’re not as smart as the other crooked players in the game. Such it goes.

Posted by Amit Varma in Economics | India | Politics | Small thoughts

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