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Our challenge is to turn workers into capitalists

Mint Mumbai

|

November 03, 2023

Hard work may well matter more than Harvard but India's multitudes must start piling up company shares if we expect to reduce the gap between wage-earners and capital-owners

Our challenge is to turn workers into capitalists

Years before Infosys co-founder N.R. Narayana Murthy urged the country's youth to work 70 hours per week, drawing a wide range of 'emojis' in response on social media, Prime Minister Narendra Modi had struck a chord with the same demographic bulge by drawing a distinction between "hard work" and "Harvard." It was a point of political rhetoric, with the latter meant as a stand-in for privilege. In a country of multitudes aspiring to lifestyles the internet had begun exposing them to, it held a special appeal among those who saw themselves on the hardwork side of that split. The actual hours they worked wasn't relevant-nor its intensity, let alone productivity. Modi's formulation was memorable for the politics of it. Here was the leader of a rightist Bharatiya Janata Party who had deftly taken away a platform long used by leftist parties. Once upon a time, Communists had been the ace champions of India's havenots, ever ready to expound on a "class struggle" led by workers against capitalists. In their book, one was either an earner of wages or an

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