Is India the world's next economic superpower?
India has the world's largest population, but can…
January 14, 2025
1 hr 45 min
357 of 500
January 14, 2025
Is India the world's next economic superpower?
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Geopolitical Economy Report Episodes Around January 14, 2025
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1:45:03This episodeIs India the world's next economic superpower?
Summary
India has the world's largest population, but can it be the next global economic superpower? Or will extreme poverty, inequality, unemployment, and lack of industrialization and manufacturing capacities hold it back? Why is the Western media so eager to portray India as a pro-Western alternative to China? Ben Norton is joined by economic historian Jyotishman Mudiar to explore these questions and more.
VIDEO with charts here: https://www.youtube.com/watch?v=hXU42fqJ6g4
Check out Jyotishman's channel India & Global Left: https://www.youtube.com/c/IndiaGlobalLeft
Topics
0:00 Intro
4:32 Is India the next economic superpower?
12:37 Technology
16:39 Geopolitics
20:27 Indian stock market
22:37 Quality of life
34:21 Billionaire oligarchs like Adani & Ambani
42:09 China controls its billionaires
44:42 China's state-owned enterprises (SOEs)
46:22 Manufacturing in India vs China
49:24 Privatization in India
54:37 India's manufacturing stagnation
56:58 Can services replace manufacturing?
1:08:02 India's dependence on US Big Tech
1:18:43 AI, automation, & population growth
1:29:50 Agriculture in India
1:43:09 Outro
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