Submission Statement: The author argues that India’s half hearted and highly centralized embrace of capitalism, which embraces two particularly powerful Indian capitalists (Ambani and Adani), risks squandering the country’s demographic dividend by failing to provide enough low skilled labor for its poorly educated yet aspirational young workforce, which could lead to profoundly destructive social consequences in the future.
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Submission Statement: The author argues that India’s half hearted and highly centralized embrace of capitalism, which embraces two particularly powerful Indian capitalists (Ambani and Adani), risks squandering the country’s demographic dividend by failing to provide enough low skilled labor for its poorly educated yet aspirational young workforce, which could lead to profoundly destructive social consequences in the future.