Is capitalism evil by Mirza Yawar Baig

1. Capitalism
The mystery of Mistry

2. Which decision was good?

3. Whose fault is it?
1. Those who selected Cyrus Mistry or the man himself?
2. How is it that someone who was selected for his
‘strategic vision’, is being penalized for exercising it?
3. If the selection was wrong, who must pay?
The beauty of corporate politics…
There’s always a fall guy to protect your arse

4. Basis of dismissal
1. Selling ‘crown jewels’?
 Colonial hangover apart, since when is selling non-
performing assets a crime?
2. Not growing Jaguar/Land Rover
 Why not blame him also for the severe recession in
Europe which is the real reason for low sales growth?
Cheap politics stinks – Join Tatas for a lifetime career

5. Confusion
Between means and ends

6. Is there a moral conflict?
1. The first value of any commercial enterprise is to
make profit.
2. So any decision that makes a loss is a bad decision
and conflicts with the principle value to make profit.
3. A business that doesn't make profit is a charity. It is
not a business
Separate profit from its uses

7. No blanket rule
1. Not all capitalism is bad. Not all socialism is good.
2. Only if you make profits can you use them for good
work.
3. I am talking about making profits. Not about how
you use them.
Today’s problems are not because of profit
But because of how it is made and where it is used

8. Means and Ends
1. The problem with today's capitalism is not in
making profits but in how we make them and
what we do with them.
2. The problem is in cornering wealth for the benefit
and enjoyment of a few at the cost of the many.
Poverty is a function of distribution, not production

9. Thought share welcome
www.yawarbaig.com
Yawar@yawarbaig.com