“Capitalism is the astounding belief that the wickedest of men will do the wickedest of things for the greatest good of everyone.” ― John Maynard Keynes
Keynes conceded that we have to accept “foul” as fair and that “fair” is useless, at least for another 100 years. Keynes said this in 1930.
Notion Press, India’s leading self-publishing platform, presents IT Killed Capitalism. Thank You, Mr. Gates by J Prakash, a book that explores the current global economic scenario and its causes.
Today, we are much closer to the end of those 100 years, and “foul” and “fair” ought to take their rightful positions in the dictionary. The handful of the super-rich in the world, the wickedest of all, has managed to do the wickedest things by exploiting humanity through carefully crafted narratives.
This top one percent has been able to keep the vast majority of people in abject poverty. However, due to their bad luck, the rich got excessively greedy, which led them down the path of self-destruction.
Like MahaVishnu, in his Mohini avatharam, destroyed Bhasmasura, IT in its own Mohini Avatharam has destroyed the modern-day Bhasmasuras, the greedy businessmen. This cannot be reversed. It may be a different matter if some of the members of this modern Bhasmusuras club still think that they can be active and exploit humanity. The passage of time will put them in their place.
The author also finds that the unsatiated greed of the rich drove them to use IT for amassing personal wealth. But, as an unintended consequence of their actions, this has driven millennials to seek an ascetic life. He feels that the world is getting to be more humane, and he predicts a true Vasudhaiva Kutumbakam – where the world is one family.
Nevertheless, no one is aware of what shape the new world will take. Through IT Killed Capitalism. Thank You, Mr. Gates, J Prakash has offered his prognosis of what the new world will look like in the concluding chapters based on a logical projection of what exists today. He believes it will be a beautiful world.
Moreover, being a technocrat and a thinker in business and economics, J Prakash has identified the causes that have turned global economies into a state of perennial deflation – something that genuinely cannot be reversed. He proves that there is no subject called “Economics” in reality and that it is merely a myth floated by the devious super-rich to keep the poor in their place.
Through IT Killed Capitalism. Thank You, Mr. Gates, J Prakash offers innumerable and fascinating observations about the World Economy, IT, GDP, and so much more. However, all of these observations and deductions are backed up by undeniable and hard facts and figures.
IT Killed Capitalism. Thank You, Mr. Gates author J Prakash is an Electronics Engineer and an MBA Graduate from the Indian Institute of Management Bangalore. With over 45 years of corporate and business experience, he began his professional career with IBM World Trade Corporation in 1971. Over the years, Prakash had held several top management positions like Senior Vice President-Finance, CEO, and Corporate Board Member in one of the NICCO Group of Companies, Kolkata, all by the young age of 36 years.
In his professional career, he had the opportunity to interact with top corporate executives, bureaucrats, chairpersons and senior executives of banks, labor union leaders, senior politicians, ministers of Central and State Governments, etc. He has seen it all from close quarters. Prakash ran a business of his own in the IT industry and continues to have a keen interest in global economics. As a compulsive observer and an avid thinker, he has his own views on economic issues, which he amply provides as evidence in IT Killed Capitalism. Thank You, Mr. Gates!
Grab your copy of IT Killed Capitalism. Thank You, Mr. Gates! by J Prakash in print and e-book format at the Notion Press Bookstore and leading e-commerce portals such as Amazon and Flipkart.