Most of the intellectualism is still smitten by the genetic call of primitivism. I heard a so recognised leading public intellectual of the country saying in a podcast that capitalism is only about maximising profits and possessions. I was aghast to witness such a celebrated mind being so regressive. He forgot that capitalism is only liberalism but viewed from an economic angle. It is primarily about an individual's autonomy and dignity and doing things in a rational way. It is a combination of humanism and rationalism.
I know the intellectual's personal background. He is married into a rich business family and with such an abundance of moolah at his disposal he can relishingly philosophise.
It is capitalism which makes people afford the luxuries of other higher values. Alternatively, human folks can only avail jungle, where they struggle for their position in the food chain and negotiate with the elements to survive. A jungle may grow without trees in any human habitation. If you do not believe, cross India's borders in any direction.
Ancient India, a glorious state of the human race, ran its affairs till the Guptas, more or less, on the same principles as per the times that the West discovered very late as capitalism. Kautilyan schema was a case of well-regulated capitalism. An elaborate bureaucratic administration, which very late Weber identified as the form of the modern organisation, existed then. Mathematical feats of our ancients and an economy running on cash testify to the capitalistic order being the economy then.
Niraj Kumar Jha
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