Op-Ed / Commentary

The truth about ‘fair competition’ and other insights from Shark Tank India about capitalism today

Tony Kurian

Scroll

February 18, 2023

Ironically, a show intended to encourage entrepreneurship and affirm the belief in the entrepreneurial spirit has inadvertently put a spotlight on how capitalism really plays out in India. The success of the show has enabled viewers to understand that consumer welfare and fair competition do not play out the way they are supposed to. Over time, sharp viewers begin to realise that capitalism fails them both as consumers and citizens.

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Kurian, T. (2023) ‘The truth about “fair competition” and other insights from Shark Tank India about capitalism today’, Scroll, 18 February.