what did Professor Samuelson s teacher say?

Once Samuelson s teacher said:The world has loved the farmer and hated the landlord and has hated the businessmen

When the businessmen do not adhere to social norms and do not obey the social rules of the game and tend to become exploitative they do not command any respect.

Market system which in essence symbolises the mixed economy will be ultimately judged  not by whether the brown or Black eyes of the businessmen are beautiful and whether his smile is beguiling but whether  the system delivers goods says the learner professor

All of us know that Market economy or system has an inherent discriminatory bias against the poor and in favour of the businessmen.

It has gained more momentum when the giant public sector units have failed to deliver faster and quicker  and drastic reversal has taken place in favour of private sector dominance

Now all of us know who is the major driver of big business and who is the prime mover of the drama.The people at large , especially those who are aware of Indian conditions that Market system might not be beautiful and it does work in varied mysterious ways  to the benefit of power brokers

The saddest part is the regulatory and protective wings of government have been supportive of the big business

And the government too does not have any sense of shame or guilt in behaving like a businessman a kind of thief in stealing money by hiking petroleum prices no matter whether the international price is soft or hard.

From the old academic debris of D Sam.