Reduce the powers government has—to give licences, grant tax breaks, etc—and you fix cronyism

Attacking rivals, distasteful as it may seem, appears to be part of the cut and the thrust of politics. So, you have Narendra Modi’s constant jibes at ‘shahzada’, and now some reports suggest, even ‘matashree’. In turn, finance minister P Chidambaram talks of Modi’s ‘deep character flaws’ and how sections of Indian business are in favour of Modi as his brand of capitalism is crony capitalism.

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