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Productivity describes various measures of the efficiency of production. Most Indian bosses are obsessed with more working hours, but the paradox is the more working hours you have the less productive you become. The Relationship Between Hours Worked and Productivity https://cs.stanford.edu/people/eroberts/cs181/projects/crunchmode/econ-hours-productivity.html According to data provided by Ohio University, the average worker is productive for two hours and 53 minutes out of an 8-hour workday. https://onlinemasters.ohio.edu/blog/benefits-of-a-shorter-work-week/ But its not only about productivity but its also about income. In India, a newcomer researcher, programmer or engineer is exploited with long working hours by giving them as low as Rs. 5000 to 10000 per month. You have to pay room rent, transportation charges, electricity bill, for food and clothing as jobs are not available near your home.  The travelling time, which can take more than 4 hours per day due to heavy traffic and ba

This is the dictionary definition of capitalism: an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets --Wikipedia What is profit? Profit describes the financial benefit realized when the revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question. Definition of  socialism any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods But do socialism works?  Here are some of the video, why socialism is much more worse than capitalism? https://www.youtube.com/watch?v=AkFZgZ5IjTU https://www.youtube.com/watch?v=Fdfru9NHGvE But what about capitalism. We have one-sided eco

This is what RTI shows: In four years, Modi govt spent over Rs 4,300 crore on publicity. This is how much other opponents spend on advertisement. Kejriwal’s Delhi govt spent Rs 274 crore on ads since 2015 – four times more than Congress But if you look at the billionaire entrepreneurs like Ambani, and Mittal, they spend about Rs 50-300 crore per year depending on the market conditions.   This is how Advertising works. The Game theory of Advertising.  The payoff is high for both when both the competitor entrepreneurs don't advertise or they do advertise. But entrepreneurs sell products, and money comes from their profit. But what politicians are selling? As they are not selling anything, so the payoff will be the same when they all don't advertise or they do advertise. The effect that politicians are seeking through advertising will not change if there is a complete ban on paid advertisements.  Do you know where does the money on publicity come from? Yes, you have correctly gues