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by yummyfajitas 4488 days ago
As demonstrated by this article, the uber-rich are not able to deny local markets permission to do things for themselves. The uber-rich simply failed to figure out how to market pads themselves. If Ambani had figured out the marketing, this would just be another story of Reliance incrementally moving into another industry and making a bunch of money.

Trying to paint the uber-rich as some sort of villain here is silly.

The really interesting thing is that this is an example of the value of marketing.

1 comments

Yeah, it doesn't sound quite right yet to me either. There's no overt mustache-twirling villainy going on here. Its more like a emergent artifact of the system.

Its just interesting to observe a depressed area where everyone is in want, but no one has a "job" to do. The baker can't deliver bread because his truck is broken and then mechanic has no bread so he can't work on trucks. Why? Because neither of them has any "money". Therein is the problem.