IL14: Is India Broken? - The Dangerous Equilibrium of Indian Society ft. Ashoka Mody

Published: March 22, 2023, 7 a.m.

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This is an episode for those who want to hear an alternative view of the world\'s largest country. McKinsey has said we are living in the \\u201cIndian Century\\u201d. Morgan Stanley believes 20 percent of global growth in the next decade will come from India. Our guest today, Princeton economist Ashoka Mody, has a different view, which he details in his new book: \\u201cIndia Is Broken\\u201d. He argues that there are two Indias, a successful, highly skilled and educated elite and a billion-plus population that remains very poor. Mody believes that this dangerous equilibrium is maintained by a close link between the government, big business and, in some cases, organized crime. This association produces projects that attract capital and headlines but leaves an employment deficit of over 100 million jobs.

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Episode TimeStamps:

04:14 - Introduction to Ashoka Mody\\t

10:19 - The development path of East Asia\\t

14:41 - The path that India did not take\\t

19:32 - The path they did take\\t

23:37 - Different versions of India\\t

30:37 - What is Hindutva?\\t

34:09 - The Guljurat model of development...'