DeMon, Morality and the Predatory Indian State

Episode 85 of The Seen and the Unseen is about Demonetisation — and a lot else. First, host Amit Varma launches into an angry monologue about how economic benefits can never justify moral costs. Then he is joined by economist Shruti Rajagopalan, who elaborates on all the things wrong with DeMon. They discuss the predatory Indian state, how Indians are forced into jugaad to cope with it, and that this jugaad might seem to be a good thing, but represents the enormous cost that all of us pay.