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Corruption is The Price We Pay For Democracy

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…ccountability are more corrupt than those with less discretion and more accountability. Mainly, there are three forms of government. Other than democracy, the two others are Monarchy and Autocracy. In Monarchy, ruling people is always from a single family. This is the most common and used form of government for thousands of years. The head of government is called king which has ultimate power. No one can ask question to him about his deeds. As i…

Share Market Terminology: Part 1

…8211; much beyond its needs, the directors may decide to distribute a part of it amongst the shareholders in the form of bonus. Bonus can be paid either in cash or in the form of shares. Dividend Dividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in…

Welcome Back, Socialism

…1978) live below the poverty line. Socialist market economy (Chinese) is often criticised for being capitalist form of economy. But, this Chinese model is still a form of socialist economy. Even though, state run industries are privatised in China. The Chinese government still guides overall national economic development through “indicative planning”. For China, the road for being Numero Uno is still long ahead. Currently, GDP of C…

Selling Liquor in a Gandhian State is an Anomaly

…ot good. So is the case with liquor too. Human beings have a general tendency or affinity for intoxication. The form may be different but everyone loves to do it. When someone gets bored of their hard social life, they turn to things which can let them forget everything for some time. Either it is in the form of drinking, gaming, chatting, swimming or playing badminton after work. The motto is only one, to forget everything for some moment. It j…