About the Bollywood Boycott and Capitalism – The New Indian Express


Express press service

Boycott Bollywood! Well, I’m not talking about this politically, but let’s see what happens when such a call is made. Initially, the Bollywood Gang is not even aware of this boycott. Mainstream media ignore it and don’t report it at all. Then the noise escalates and the BG is in denial – “a few people talking nonsense doesn’t hurt us,” they say.

The next step is “We can live with this” turns into a panic – look at the losses that PVR, Inox and the film industry in general are suffering. Then they worry about what to do. Then the Boycott Squad gets overconfident and thinks they can kill all the movies. The BG stops making films.

Then there’s a movie that’s a hit, and the BG ignores the hit. The Boycott Squad is getting overconfident. The movie is a super hit. Then, other films follow and the time of the boycott brigade is over. Fairly obvious that then the cycle repeats itself. Same.

PV subramanyam

Who solves the problem? : The correct answer is CAPITALISM. Heavily charged films like “Do Bhiga zameen” and “Jagte Raho” were also financed by the capitalists. Capitalism is there to solve problems and be rewarded for it.

It will therefore be capitalism that will find a solution to painful things. So if you were too lazy to go out and eat, capitalism gave you Zomato. If you didn’t have the capital to buy a car and the will to drive, this gave you Ola and Uber.

If Ola tries to increase his margins beyond 30%, this problem will also be solved by capitalism. A new competitor will emerge and start working with a margin of 20%. Many drivers (suppliers) and users (consumers) will migrate to the new players!

This is of course a perfect market scenario and capitalism does not work in primary education and basic medical care. Much more state intervention is needed to make capitalism work in education and health care – these are called subsidy and incentive systems.

Capitalism is constantly looking for problems to solve – and is happy to fund people who develop solutions. So whether it’s a better website, better airfare, better movies, capitalism will find a way.
As usual and like all human behavior, we will go from having nothing to having an excess of this stuff. Late capitalists will be taken to the cleaners, especially if they are in debt like the bank.

In the event of a Boycott Bollywood, it is exhibitors like PVR, Inox who will be affected by collateral damage and capitalists will withdraw their capital from such companies. This will cause the price of those stocks to drop sharply and if they are leveraged it WILL KILL them.

None of us are ever prepared for such a drop in income. In 1993, my brokerage income dropped 95% (yes, it dropped 95%). I was not at all ready for such a big fall!

In the 1970s, there was a hit movie named “Jai Santoshi Ma”. This was followed by 24 films with the same theme. They all had to bite the dust. Then the funding stopped and they made different movies!!

PV subramanyam
writes on www.subramoney.com and is the author of the bestseller “Retire Rich – Invest C 40 a day”

Boycott Bollywood! Well, I’m not talking about this politically, but let’s see what happens when such a call is made. Initially, the Bollywood Gang is not even aware of this boycott. Mainstream media ignore it and don’t report it at all. Then the noise escalates and the BG is in denial – “a few people talking nonsense doesn’t hurt us,” they say. The next step is “We can live with this” turns into a panic – look at the losses that PVR, Inox and the film industry in general are suffering. Then they worry about what to do. Then the Boycott Squad gets overconfident and thinks they can kill all the movies. The BG stops making films. Then there’s a movie that’s a hit, and the BG ignores the hit. The Boycott Squad is getting overconfident. The movie is a super hit. Then, other films follow and the time of the boycott brigade is over. Fairly obvious that then the cycle repeats itself. Same. PV subramanyamWho solves the problem? : The correct answer is CAPITALISM. Heavily charged films like “Do Bhiga zameen” and “Jagte Raho” were also financed by the capitalists. Capitalism is there to solve problems and be rewarded for it. It will therefore be capitalism that will find a solution to painful things. So if you were too lazy to go out and eat, capitalism gave you Zomato. If you didn’t have the capital to buy a car and the will to drive, this gave you Ola and Uber. If Ola tries to increase his margins beyond 30%, this problem will also be solved by capitalism. A new competitor will emerge and start working with a margin of 20%. Many drivers (suppliers) and users (consumers) will migrate to the new players! This is of course a perfect market scenario and capitalism does not work in primary education and basic medical care. Much more state intervention is needed to make capitalism work in education and health care – these are called subsidy and incentive systems. Capitalism is constantly looking for problems to solve – and is happy to fund people who develop solutions. So whether it’s a better website, better airfare, better movies, capitalism will find a way. As usual and like all human behavior, we will go from having nothing to having an excess of this stuff. Late capitalists will be taken to the cleaners, especially if they are in debt like the bank. In the event of a Boycott Bollywood, it is exhibitors like PVR, Inox who will be affected by collateral damage and capitalists will withdraw their capital from such companies. This will cause the price of those stocks to drop sharply and if they are leveraged it WILL KILL them. None of us are ever prepared for such a drop in income. In 1993, my brokerage income dropped 95% (yes, it dropped 95%). I was not at all ready for such a big fall! In the 1970s, there was a hit movie named “Jai Santoshi Ma”. This was followed by 24 films with the same theme. They all had to bite the dust. Then the funding stopped and they made different movies!! PV subramanyam writes on www.subramoney.com and is the author of the bestseller “Retire Rich – Invest C 40 a day”

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