Fundamental Differences between Capitalism & Baniaism Are

Bania-Tout’s Loot is Not Capitalism

Indians are being misled about the American Capitalism and Covering the Loot & Plunder of Bania touts & thugs by RSS and BJP – admittedly their agents. Since I lived in USA for six months I assure you stories picked up by RSS or Communists for circulation are largely false. From the very beginning RSS was known as Bania Traders party.

- California twice in area and half in population than your state has about 29 petroleum refineries. Big and small all conform to Environment Laws and competitive.

- There is real competition, real innovation and real development.

- In spite of recession American appetite for New Products has not diminished.

The Fundamental Differences between Capitalism & Baniaism Are –

1. American Companies invented production technologies and relentlessly introduced Competitive Products that were most economically sold to consumers – Bania companies are TOUTS either Import goods cheaply and sold it through multi level traders at 100% to 500% cost price or hoarded the essential commodities to realize exorbitant profits realizing illegal profits.

2. American Companies produced all goods to world’s highest quality standards – Goods bought by me or gifted to me for over 25 years are still functional. There are no quality control and service guarantee observed in India.

3. Every contract and promise is honored – Banias are least trust worthy in dealing with consumers never honoring promise. 99.99% of retailers would accept sold goods for 100% refund – not more than 5% retailers accept sold goods for replacement.

4. Every product is labeled & marked for content and price.

5. Prices are maintained for minimum a week and quality is never lowered.

6.  Every plumber in USA has better tools and skills than Chairman of Delhi Jal Board or Mumbai Jal Board.

7.  We in India know just Coke & Pepsi but there are over 100 big brands retailing drinks, fruit juices, tonics etc.

8. Everything is cheaper than India – some time back I reported a Samsung mobile retailed at Walmart cost Rs.2000/- was retailed for Rs.6000/- in India of same specifications.

9. Every corporate pay taxes not getting State Concessions. Concessions are reserved for farmers, unemployed, inventors, In India concessions and tax breaks are reserved for Traders, Hoarders and Touts.

10. If you are good students – you will get Scholarships or Sponsorships. You are not required to donate to get your child admitted to a nursery school.

USA has real capitalism, India has Bania-Tout rule.

Ravinder Singh