"We see an extraordinary execution (in China). It's called 9-9-6 culture - 9 am to 9 pm, six days a week. And you see that progress. We cannot have the ambition of being a 10-20 trillion dollar economy and still expect that life should be chill,"
yeah and everyone's tired of it there and moving away from it. and what does he think Indian workers in the private sector do? they don't get Saturdays off, they are always forced to work overtime, its why everyone in India wants a public sector job in the first place.
India's terrible economic situation isn't because people aren't working hard enough but because there is no work in the first place (especially for college-educated people). China managed to build productive forces by forcing capitalists to do what the state wants whereas Indian state is controlled by capitalists directly.
the low productivity is a failure of capitalism, not workers.
Foreword: I believe that the Chinese model is superior to western "work/life" balance and that the extra "free" time given to employees is no longer sustainable as of today's economy, unless it is used for a second job.
Given this, I don't quite get the difference between "sacrificing for the country", as Indian entrepreneurs are advocating for, and the Chinese model. Why do we Lemmings tend to blame India for being exploitative but praise China for being fair?
Because liberal 'reforms' resulted in actually increased standard of living in China for everyone while in India only top 10% benefited. There is a reason why China is near first world in Global Hunger Index while India is near the bottom.
I didn't say neither India nor China is 'fair' or 'exploitative' in the first comment. The conditions are completely different. What are you talking about?
yeah and everyone's tired of it there and moving away from it. and what does he think Indian workers in the private sector do? they don't get Saturdays off, they are always forced to work overtime, its why everyone in India wants a public sector job in the first place.
India's terrible economic situation isn't because people aren't working hard enough but because there is no work in the first place (especially for college-educated people). China managed to build productive forces by forcing capitalists to do what the state wants whereas Indian state is controlled by capitalists directly.
the low productivity is a failure of capitalism, not workers.
I read about his business and its possibly the least productive shit imaginable. Typical rent seeking middleman.
Foreword: I believe that the Chinese model is superior to western "work/life" balance and that the extra "free" time given to employees is no longer sustainable as of today's economy, unless it is used for a second job.
Given this, I don't quite get the difference between "sacrificing for the country", as Indian entrepreneurs are advocating for, and the Chinese model. Why do we Lemmings tend to blame India for being exploitative but praise China for being fair?
Because liberal 'reforms' resulted in actually increased standard of living in China for everyone while in India only top 10% benefited. There is a reason why China is near first world in Global Hunger Index while India is near the bottom.
I didn't say neither India nor China is 'fair' or 'exploitative' in the first comment. The conditions are completely different. What are you talking about?
Preach!