3min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep 317: Rohini Nilekani Pays It Forward

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

Is Your Wealth Good Ethical Wealth?

Nandana: I think that there are three powerful reasons that wealth was demonized before this. Nehru famously said to J.R.D., do not speak to me of profit, it is a dirty word,. The colonial connection because after all they came here, first stress traders and all of that, so you know, tied up with exploitation. And the third factor was that if you were a wealthy businessman it was probably through cronyism and all kinds of shady delays. Nandana: In a free market you only create wealth when you make other people better off. It's virtuous making money that way.

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