lazybugger Posted July 12, 2017 Report Posted July 12, 2017 how do people think rich countries got rich? by playing the free market game? haha.. that's where everybody in countries like India, mexico etc are being taken for a ride. rich countries got rich by protecting their markets, by stifling their consumers, by rationing all resources, including land. Quote
dakumangalsingh Posted July 12, 2017 Report Posted July 12, 2017 10 minutes ago, lazybugger said: how do people think rich countries got rich? by playing the free market game? haha.. that's where everybody in countries like India, mexico etc are being taken for a ride. rich countries got rich by protecting their markets, by stifling their consumers, by rationing all resources, including land. how come nordic or scandinavian countries some european countries apart form portugal, british and dutch how come they became rich. they don't are not big in manufacturing or something ? Quote
lazybugger Posted July 12, 2017 Report Posted July 12, 2017 14 minutes ago, dakumangalsingh said: how come nordic or scandinavian countries some european countries apart form portugal, british and dutch how come they became rich. they don't are not big in manufacturing or something ? Norway found oil. sweden was a manufacturing powerhouse. Finland exported its wood and pulp, and then Nokia. Now all these countires, especially Sweden, Finland are centers for hi-tech. Finland especially spends the highest on public R&D as percentage of their GDP. As for dutch, they are at another level. Even though they stuck gas off their coast, they saw a period of lull in other sectors, which they then picked up after Philips was divided and now they are the biggest sellers of semiconductor making machines in the world. UK was a manufacturing powerhouse even until the 1980s. It still manufactures lots of hi tech components, but british brands have all but disappeared, except in aerospace. They cornered their market through protectionism. all these countries. US did that too. Now everybody preaches free market capitalism, but not a single country became rich following that model. Quote
lazybugger Posted July 12, 2017 Report Posted July 12, 2017 22 minutes ago, dakumangalsingh said: how come nordic or scandinavian countries some european countries apart form portugal, british and dutch how come they became rich. they don't are not big in manufacturing or something ? these countries have populations of 5 million, 9 million, 15 million etc. Their entire population will fit in one of India's cities. One blockbuster company is enough to give jobs to half of their working population. Quote
alpachinao Posted July 12, 2017 Report Posted July 12, 2017 Aadhar card waste dani valla security concerns vunnai ani tweetnadu malla aadhar prathi langa a/c link sesthunadu bodi Quote
dakumangalsingh Posted July 12, 2017 Report Posted July 12, 2017 16 minutes ago, lazybugger said: Norway found oil. sweden was a manufacturing powerhouse. Finland exported its wood and pulp, and then Nokia. Now all these countires, especially Sweden, Finland are centers for hi-tech. Finland especially spends the highest on public R&D as percentage of their GDP. As for dutch, they are at another level. Even though they stuck gas off their coast, they saw a period of lull in other sectors, which they then picked up after Philips was divided and now they are the biggest sellers of semiconductor making machines in the world. UK was a manufacturing powerhouse even until the 1980s. It still manufactures lots of hi tech components, but british brands have all but disappeared, except in aerospace. They cornered their market through protectionism. all these countries. US did that too. Now everybody preaches free market capitalism, but not a single country became rich following that model. how about China, china captured free market capitalism. yeah make sense, India should protect it markets and make ppl work i am wondering we boast of having largest youth population and yet we hardly made any use of our human resources. Quote
lazybugger Posted July 12, 2017 Report Posted July 12, 2017 Just now, dakumangalsingh said: how about China, china captured free market capitalism. yeah make sense, India should protect it markets and make ppl work i am wondering we boast of having largest youth population and yet we hardly made any use of our human resources. world trade is a give and take affair. bunch of negotiations happen on what to put tariff on, and what not to, among the countries. India unable to flex its muscles, because India hasn't graduated beyond textiles, and petrochemicals, and to an extent automobiles (but that's foreign companies operating here) The reason is lack of expertise, lack of infra, lack of labour laws, but allowing foreign imports on many items that can be manufactured in the country. beyond all this, lack of technical skills of the owner class (upper class) is the biggest reason. small business funds are unavailable for those with skill, and those that can access it (upper caste) do not have the skill, and exploit those with skill with abandon. Quote
lazybugger Posted July 12, 2017 Report Posted July 12, 2017 15 minutes ago, dakumangalsingh said: how about China, china captured free market capitalism. yeah make sense, India should protect it markets and make ppl work i am wondering we boast of having largest youth population and yet we hardly made any use of our human resources. The drug cluster that developed in Hyd is the best example of how to develop indigenous companies with local expertise. That's the only good thing to come out of India in a long long time. Quote
Mitron Posted July 13, 2017 Report Posted July 13, 2017 7 hours ago, alpachinao said: Aadhar card waste dani valla security concerns vunnai ani tweetnadu malla aadhar prathi langa a/c link sesthunadu bodi Mari sankalu guddukoni db lo support chesav ga Quote
reality Posted July 13, 2017 Report Posted July 13, 2017 Narendra Modi's followers are big time losers.., Bodi gadi bhakthulu matta gallu.., Quote
batman Posted July 13, 2017 Report Posted July 13, 2017 23 hours ago, Tadika said: educates politics loki ravali so you are automatically disqualified then Quote
batman Posted July 13, 2017 Report Posted July 13, 2017 11 hours ago, lazybugger said: world trade is a give and take affair. bunch of negotiations happen on what to put tariff on, and what not to, among the countries. India unable to flex its muscles, because India hasn't graduated beyond textiles, and petrochemicals, and to an extent automobiles (but that's foreign companies operating here) The reason is lack of expertise, lack of infra, lack of labour laws, but allowing foreign imports on many items that can be manufactured in the country. beyond all this, lack of technical skills of the owner class (upper class) is the biggest reason. small business funds are unavailable for those with skill, and those that can access it (upper caste) do not have the skill, and exploit those with skill with abandon. yes.... govt needs to introduce reservation in FDI....so that the "exploited" could get funds for their business Quote
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