BC ECONOMY
Saved by @Jacobtldr

True that all the people cherishing the support of IMF or WTO for farm reforms need to cool it down a bit, because that is a model we do not want to emulate to the t in India here.

But here are some issues that deserve to be better discussed by all:

 1. People who say we are emulating the Western model of agriculture are way off with this assumption. The process of primitive accumulation, the alienation of their people from their land and the way these 'first-world' countries have pushed their people into Industrial sector +
+ was a merciless phase.
But the same assumption won't work for India, because we have always had a large workforce in agriculture, agri subsidies have always run high, protection has been the hallmark of agriculture and rural representation in the parliament has always been+
+ high. Still, it is our utter failure from the beginning that we have not been able to incentivize the movement of our people to other lucrative sectors.

2. This brings us to the another point of providing MSP on all the commodities and the demand side of the issue that we+
+ conveniently ignore. Here's the thing, Food prices in India have about 65-70% weight in calculating the Consumer Price Index and 25-30% of wholesale price index. These indices affect the general price level in the economy i.e. the inflation. If MSP is offered on all the+
+ commodities, the prices of all the food products will be obnoxiously high.
The developed nations are able to offer that MSP because the per capita incomes in those countries are high, and people spend less proportion of rising incomes on food. But, for a country like India +
+ where the per capita income is comparatively so low, those inflated food prices again hurt the poorest of us all including the farmers who purchase food outside the ration shops.

(Source: Prof Ashutosh Varshney's Democracy, Development and the country side)
3. Based on the second point, it is imperative that we look for income generation alternatives for our people from the market and that's where these reforms come in. Contract farming, direct procurement by the private sector, building private investment in warehousing and +
+ storage are great ways of looking for these alternative income generating methods.
We will reach the MSP for all stage too, but at the moment that is not a fire we should be playing with. That is for when we are a country with increased per capita incomes and+
+ less populace indulged in the agri sector.
The point about which sector will absorb such a large workforce, well this thread is a part of that answer. Labour reforms have generated higher employment and a more vibrant labour market before.
Thread
https://t.co/ESNy33sAYm

More from Economy

Dannielle (Dossy) Blumenthal PhD
Dannielle (Dossy) Blum...
@DrDannielle
Chinese troops on U.S. soil?

Chinese troops on Canadian and Mexican/S. American soil?

Underground tunnels facilitate movement between the three?

This is a thread to follow up. I won't have enough time to do all the research necessary in one shot.

F-16 Crash Tuesday night (12/8/2020) and speculation about whether "50,000 Chinese troops were killed." Further research links on this
ECONOMY
Rohit Lamba
Rohit Lamba
@rohlamba
0/ A holiday economic theory reading list. Some of my favorite pieces on theory that can be read with minimal sweat, but with the maximal intellectual reward. In no particular order:

1/ Myerson 1999. "Nash equilibrium & history of economic theory." JEL. Written with characteristic Myersonian elegance. "how a few short papers by a young mathematician achieved one of the great watershed breakthroughs in the history of social

2/ Blackwell & DeGroot 1986. “A conversation with David Blackwell.” Stat Science. After his PhD at 21, "There were 105 black colleges at that time & I wrote 105 letters of application." Beautiful discussion on a gamut of ideas & his intellectual life.

3/ Geanakoplos 1992. “Common Knowledge.” JEP. Zuper piece, lucidly written. Lots of interesting puzzles, great for teaching. When Moriarty says "All I have to say has already crossed your mind," Holmes retorts "then possibly my answer has crossed yours."

4/ Morris 1995. "The common prior assumption in economic theory.” E&P. This beauty was Stephen's first chap of PhD thesis! Does rationality imply CP? Does relaxing CP make theorizing uninteresting? Is failure of CP a failure of information processing?
ECONOMY , ALL
Advertisement
XVIII Airborne Corps
XVIII Airborne Corps
@18airbornecorps
Yesterday we announced the launch of The Doomsday Clock, an original 18th Airborne Corps podcast series telling the incredible story of the Corps' Cold War history.

Today we're going to tell you more about some of the guests who will appear on the program.

[1 of 10]


[2 of 10]

Of course, we'll have John Lewis Gaddis, the dean of Cold War historians about the start and end of American confrontation with the Soviets (Episode 16: April 27).


[3 of 10]

We'll also have the great H.W. Brands to talk about the Korean War and the stare down between Truman and MacArthur (Episode 7: February 23).


[4 of 10]

Podcast king Dan Carlin joins us for a deep, dark journey into the philosophy of the Soviet Union (Episode 9: March 9).


[5 of 10]

You know Sir Max Hastings as the great historian, but long before that he was a war reporter. That's him on the right in Vietnam in 1968.

He joins us to talk about American escalation in the Vietnam War (Episode 10: March 16).
ECONOMY
Timoth\xe9e Parrique
Timothée Parrique
@timparrique
What a year: 203 essays about degrowth in English since the beginning of March. Here is a selection of some of my favourites. Thank you @fem_degrowth, @beth_stratford, @thedownshifters, @corbinkbarthold, @degrowth_info for these brilliant texts.

THREAD/

https://t.co/1lFaJM52RX

https://t.co/i5HOfZ19r7

https://t.co/DuPSrrqnzz

https://t.co/0ANveWdvFO
ECONOMY
Marjorie Taylor Greene \U0001f1fa\U0001f1f8
Marjorie Taylor Greene...
@mtgreenee
I’m focused on building an American free market economy protecting free speech.

Allowing the businesses with the highest creativity & best end user experience to compete.

Driving prices low, quality and service high, and putting American’s first.

Made in America!

Cont’d..
ECONOMY

You May Also Like

Billy Bostickson \U0001f3f4\U0001f441&\U0001f441 \U0001f193
Billy Bostickson 🏴👁&👁 ...
@BillyBostickson
Tip from the Monkey
Pangolins, September 2019 and PLA are the key to this mystery
Stay Tuned!


1. Yang


2. A jacobin capuchin dangling a flagellin pangolin on a javelin while playing a mandolin and strangling a mannequin on a paladin's palanquin, said Saladin
More to come tomorrow!


3. Yigang Tong
https://t.co/CYtqYorhzH
Archived: https://t.co/ncz5ruwE2W


4. YT Interview
Some bats & pangolins carry viruses related with SARS-CoV-2, found in SE Asia and in Yunnan, & the pangolins carrying SARS-CoV-2 related viruses were smuggled from SE Asia, so there is a possibility that SARS-CoV-2 were coming from
ALL
Novid Houellebecq (That's Hollaback)
Novid Houellebecq (Tha...
@GarouGothic
Ok, here is a thread for you.
What happens when you have:
Netflix
Apple
Amazon
WarnerMedia +
Disney+
SonyCrackle (Reboot)
Verizon All Access (after they buy CBS/Viacom)
UniversalSkyMedia
By 2021
Answer? Internet Slows To A Craw and Dies.
Why?
Bandwidth.

Netflix's gets 35% of all internet traffic.
Now we all know Apple Coming to Netflix Corner.
We know that WarnerMedia Planning One
We Know about Disney+
Now how will the net handle 8 Streaming Platforms all at once?
Answer - IT CANT.

But Novid, the speed, the 4K the all everything?
NOOOOO BUDDY.
Even if you could do it and even if AWS ran six million clouds, The Net Will still slow to a crawl. 35%, goes to nearly 90% if any of the 8 or all of the 8 eat at netflix's numbers.

Oh, they wouldn't be running at once.
FOOL. You forget how bad things were when game of thrones season premieres came around. HBO SERVERS FALL DOWN GO BOOM!

Now see if a season like 2021 come around and they air shows on a same day. It gets crazy. AT&T and others gonna realize they cant build out forever. Something will give and it might be your entertainment consumption big time.
TECH
Advertisement
\u0100yudhika
Āyudhika
@Satyamev1310
Ashta Siddhi

Ashta Siddhi is mentioned in Patanjali Yog sutra and can be obtained by very few through countless years of practice and devotion to all eight limbs of Ashtanga Yoga.

Siddhi can loosely be translated as accomplishment or a special power or unusual skill.


The eight Siddhis are:

1. Anima: Reducing one’s physical self to the size of an atom.

2. Mahima: Expanding one’s physical self to infinite level

3. Garima: Making one’s physical self so heavy as immovable by others

4. Laghima: Becoming almost weightless


5. Prapti: Being able travel anywhere in the Universe

6. Prakamya: Can know & understand what is going on in one’s mind. Can understand other person’s min.

7. Ishitva: Possessing title of Bhagwan

8. Vashitva: A seeker can subdue any person/thing

(Hanuman Jayanti is coming)


Hanumanji not only possessed all eight siddhis, but was also blessed by Sita mata as “Ashta Siddhi Nau Nidhi Ke Daata”.

When Hanumanji first reaches to Lanka on his mission to find Sita, he makes use of anima so as to be discrete in enemy territory.


He uses it again when he approaches Sita mata for the first time – reducing his size to that of a schoolboy, to avoid scaring her. He uses mahima to outwit & overpowers
the demons.
ALL
Meet Shah
Meet Shah
@ms89_meet
Strong Monopolies:

IRCTC 100% Market share in Rail Network.

IEX >90% market share in power trading.

Zydus wellness >90% market share in sugar free product.

Eicher motors >85% market share in 250cc bikes category.

MCX >85% market share in commodity trading.

Coal India >80% market share in coal production in India.

ITC >75% market share in cigarettes.

Honda Siel >75% in portable power generators.

Hindustan Zinc >75% market share in primary zinc industry.

Asahi India Glass >70% market share in automotive glass.

NRB Bearings >70% market share in needle roller bearings.

Pidilite >65% market share in adhesives.

CAMS >65% market share in RTA within mutual fund industry.

Time Technoplast >65% market share in polymer based industrial packaging.

Concor >65% market share in domestic container cargo transport.

Exide >60% market share in lead batteries.

Naukri >60% market share in the Indian job market space.

Praj >60% market share in ethanol plant installing.

Indiamart Intermesh >55% market share in the online B2B Classified space.

Borosil Renewables >55% market share in Lab glass.

Vst Tillers >50% market share in
Power tillers.

Delta corp >50% in online poker games.

Vinati Organics >50% market share in IBB.
GENERICLEARNINGS , GENERAL TWEER , INTRESTING TOPIC
Jonathan Ware
Jonathan Ware
@ReassessHistory
Rhino Barges

One of the dullest, coolest, more bizarre and fascinating pieces of kit used in Normandy.

Which NO ONE REALLY CARES ABOUT.

BUT I DO AND YOU SHOULD TOO.
/1

#WW2 #SWW #History


Planning for Overlord and Neptune had a serious snag, how to get troops from LSTs onto the beach as simply ramming them onto the beaches and dropping the ramp was known to damage the exceptionally vulnerable LSTs and felt to be unsustainable in the mid to long term. /2


LSTs were essential in sustaining Overlord's progress and were a subject of major headaches in the planning phase, and a real subject of friction when it came to launching additional amphibious operations such as Dragoon.

A single LSTs loss represented a capability nick. /3


So, logic dictated, we don't really want these remarkable but rare and highly valuable vessels constantly doing beach landings, we want something to act as a medium between ship to shore, and in came the (mostly) American designed Rhino. /4


I fucking love Rhinos.

Seriously.

Graceful lines of pure industrial pedigree.

Modular.

LOOK AT IT. /5
HISTORY