India's Crony Socialism
Posted on July 07, 2011
Although a successful country should be finding ways to attract wealth creators, India today ranks a poor 134 out of 183 in terms of ease of doing business due to excessive red-tapism; India’s problems often stem not from crony capitalism but the corrupt bureaucrats.
http://online.wsj.com/article/SB10001424052702303365804576429404286456870.html?mod=googlenews_wsj