The author is one of the most respected commentator on Financial Markets. I read his articles avidly in Business Standard and would recommend that you do the same.
As for the facts:
1. Money making companies will create more jobs because it helps them make more money. They not only create direct jobs, but also jobs in ancillary industries and services.
2. Market Economy and the "Capitalist System" may not be the perfect economic system, but it is the only system that has worked. The alternative systems have been tried and they failed miserable at a great cost in lives and opportunities forgone.
3. The cause of Naxalism is not money making companies but money sucking governments that have failed to provide education, law and order,responsive judiciary and implementation of laws. The Naxalite problem is due to the failure of governance not due the failure of the market economy.
