Many people can easily point to China and explain how capitalism helped to eradicate poverty in the once backward totalitarian State. But when it comes to India, people tend to not hear much about her very own progress, so we will have a look at the Indian history today.
Renaissance:
Indus Valley held an active trade route between 3300-2200 BC, it extended from Rome to Majapahit. India accounted for 33% of the GDP in the world during 1 AD predominantly by trading her spices and textiles with gold from Rome. India had many important inventions such as the discovery of the concept of zero, plastic surgery, pi and metallurgy; Kerala was the first refuge for Jewish people after the fall of the second temple in 70 AD and Gujarat was a Zoroastrian refuge to shelter the believers from Islamic prosecution in Persia.
Like many great empires, India declined in the…
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