Sadanand Dhume: India's Crony Socialism - WSJ.com:
"In the end, India's problems stem not from crony capitalism but crony socialism, the continued hold of an often corrupt and inept political class on economic decision making. Like most countries, India could do with greater competition and fewer barriers to entry for new businesses. But it's India's politicians and bureaucrats who need reining in, not its billionaires."
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