Jun 23, 2007

Capitalism and Discrimination

Multiculturalist college professors often slander capitalism by saying it promotes discrimination. A good counter example comes from a WSJ$ story on how capitalism and economic growth are decimating the caste system in India. Historically, members of the lower caste were not permitted to associate with high caste Indians.

But in their selfish quest for profits, firms are hiring the best people they can while not taking into account caste distinctions. This throws people of diverse castes into the same work environment.

And in an act of cultural imperialism Microsoft is helping damage the Indian caste system. "'We don't give a damn about any of these differences in caste or religion,' says Ravi Venkatesan, chairman of Microsoft Corp.'s India unit.' It has made talent the number one issue for all companies.'"