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The ideological abyss: Vodafone rescue requires solutions, not ideology

To rescue or not to rescue Vodafone goes beyond one's views on privatisation or nationalisation - it depends on what will work in a given context

Vodafone Idea, Telecom industry, telecom sector
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Illustration: Binay Sinha

R Jagannathan

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This column is called “Beyond Ideology” for a reason. When polities, economies and societies have become more and more complex and diverse in nature, using ideological lenses to make policy has limited utility. Today, no country can be called capitalist or communist as these terms were originally defined. They are all hybrids. When technology companies wield so much power and know so much about us, should we just call them private companies providing a service or private-public entities with state-like characteristics? Normally, it is the job of the state to regulate economic and social activities; but we expect social media
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper