Indian businesses undermining capitalism ?

"Indian capital, rather than collectively fighting for rational regulation, spends its energies extracting its own form of rent from this misregulation. Industry uses inordinate resources in keeping its exemptions intact or manipulating rules to its advantage."

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 http://forbesindia.com/article/independence-special-2013/pratap-bhanu-mehta-when-business-bats-against-itself/35875/1