| ▲ | pm90 3 hours ago | |||||||
While European states invested in building up their human capital over the past 200 years, most of the Indian economy was turned into an extractive colonial state. The lack of investment set the country back by a lot. After Independence, it turned its back sharply on Capitalism (rightfully so, having suffered under extreme capitalism for a couple of hundred years). Unfortunately, that didn’t end up working very well either, since it lacked the strong Institutions and State Power required to succeed that way. Politically, Partition of the Country destroyed existing economic structures and trade routes that had existed for hundreds of years, setting back all countries in the subcontinent even further… and then you also had multiple wars. Honestly its quite amazing that the subcontinent has remained as stable as it is today; it could very easily have descended into the carnage we see today in Myanmar. | ||||||||
| ▲ | adithyareddy 2 hours ago | parent | next [-] | |||||||
The account you're replying to was created 49 minutes ago and has 2 comments, both on this thread, one already flagged and dead. Please don't waste your time engaging bait. | ||||||||
| ||||||||
| ▲ | lolnice 2 hours ago | parent | prev [-] | |||||||
Now re-answer without being in total denial. I see similar comments about my home town of San Francisco and I don't act all in denial like you do. I know why it's happening, I'm aware that it's a reality. People have solutions. Some have ideas. But you're in denial. You'll never improve if you can't admit there's a problem. | ||||||||
| ||||||||