Gross inquality and poverty are two sides of the same coin, if you accept one you have to accept the other. If you want to reduce poverty you have to reduce inequality. For that you will have to give different tax treatment to money earned from labour physical or intellectual and to money that is with the help of your wealth , that is rent on buildings, dividend on shares, interest on deposits and capital gains, and above all from inheritance.
Not really, it is possible to have inequality and an absence of poverty, provided the growth process that makes the rich richer also erodes poverty at the bottom of the pyramid. China has eliminated poverty, but has become tremendously unequal
The answer, my Opinion Editor Extraordinaire, is right - Strong wind. Whether billionaires' valuation and net worth remain high, low or fall, your valuation remains high in all-seasons since decades of entering the world of honest, sincere an outstanding journalism in India.
Since you are no longer the Consulting Editor of The Economic Times newspaper, I call it a downfall of India's largest media conglomerate Bennett Coleman Company Ltd. without the wind and highly positive for the esteemed mainstream newspaper, 'The Hindu' (first opinion if I am not wrong) and 'IMPRI' which published all your opinions with much respect for your extraordinarily bright and positive writings.
Time to enjoy Bob Dylan's Blowin' in the Wind for this realistic, exploratory and well-timed opinion for the wisdom of crowds and wisdom of discerning persons with of course the billionaires. And, I'm gonna tweet this piece to Mr Musk in this musk melon India's scorching summer time telling him that your valuation including that of Tesla is like that of fickle lovers on Mother Earth. They are always present and need not be valued jlt.
Liked it a lot makes sense .Thanks
Excellent prose with substance written in a vocabulary which is enjoyable, not bombastic.
:))
Gross inquality and poverty are two sides of the same coin, if you accept one you have to accept the other. If you want to reduce poverty you have to reduce inequality. For that you will have to give different tax treatment to money earned from labour physical or intellectual and to money that is with the help of your wealth , that is rent on buildings, dividend on shares, interest on deposits and capital gains, and above all from inheritance.
Not really, it is possible to have inequality and an absence of poverty, provided the growth process that makes the rich richer also erodes poverty at the bottom of the pyramid. China has eliminated poverty, but has become tremendously unequal
The answer, my Opinion Editor Extraordinaire, is right - Strong wind. Whether billionaires' valuation and net worth remain high, low or fall, your valuation remains high in all-seasons since decades of entering the world of honest, sincere an outstanding journalism in India.
Since you are no longer the Consulting Editor of The Economic Times newspaper, I call it a downfall of India's largest media conglomerate Bennett Coleman Company Ltd. without the wind and highly positive for the esteemed mainstream newspaper, 'The Hindu' (first opinion if I am not wrong) and 'IMPRI' which published all your opinions with much respect for your extraordinarily bright and positive writings.
Time to enjoy Bob Dylan's Blowin' in the Wind for this realistic, exploratory and well-timed opinion for the wisdom of crowds and wisdom of discerning persons with of course the billionaires. And, I'm gonna tweet this piece to Mr Musk in this musk melon India's scorching summer time telling him that your valuation including that of Tesla is like that of fickle lovers on Mother Earth. They are always present and need not be valued jlt.
Bob Dylan - https://www.youtube.com/watch?v=vWwgrjjIMXA
Fantastic threadbare clichés of billionaires!!! Thank you so much.