What We Said

EP16: Convenient Scapegoat: Debunking 'Hindu Rate of Growth'

11 min · 10. dec. 2025
episode EP16: Convenient Scapegoat: Debunking 'Hindu Rate of Growth' cover

Beskrivelse

For decades, economists and policymakers have thrown around the phrase "Hindu Rate of Growth" to describe India's economic stagnation before 1991. But what if I told you this term has almost nothing to do with Hinduism, and everything to do with covering up the real culprit—socialist economic planning? It's time that serious academics refrain from using such an ill-founded and prejudiced term. Hindus are not scapegoats to be thrown under the bus for every mishap that occurred in Indian history.  You can read here: https://swarajyamag.com/economics/hindu-rate-of-growth-a-tale-of-prejudices-and-fallacies [https://swarajyamag.com/economics/hindu-rate-of-growth-a-tale-of-prejudices-and-fallacies] You can also tune in to the "What This Means" podcast by Swarajya, where we decode major stories with experts. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://open.spotify.com/show/1CzvC1mqq2BApXyoINGIEw?si=eec7dfe982874ff2]https://open.spotify.com/show/1CzvC1mqq2BApXyoINGIEw?si=eec7dfe982874ff2 [https://open.spotify.com/show/1CzvC1mqq2BApXyoINGIEw?si=eec7dfe982874ff2]

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episode EP16: Convenient Scapegoat: Debunking 'Hindu Rate of Growth' cover

EP16: Convenient Scapegoat: Debunking 'Hindu Rate of Growth'

For decades, economists and policymakers have thrown around the phrase "Hindu Rate of Growth" to describe India's economic stagnation before 1991. But what if I told you this term has almost nothing to do with Hinduism, and everything to do with covering up the real culprit—socialist economic planning? It's time that serious academics refrain from using such an ill-founded and prejudiced term. Hindus are not scapegoats to be thrown under the bus for every mishap that occurred in Indian history.  You can read here: https://swarajyamag.com/economics/hindu-rate-of-growth-a-tale-of-prejudices-and-fallacies [https://swarajyamag.com/economics/hindu-rate-of-growth-a-tale-of-prejudices-and-fallacies] You can also tune in to the "What This Means" podcast by Swarajya, where we decode major stories with experts. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ [https://open.spotify.com/show/1CzvC1mqq2BApXyoINGIEw?si=eec7dfe982874ff2]https://open.spotify.com/show/1CzvC1mqq2BApXyoINGIEw?si=eec7dfe982874ff2 [https://open.spotify.com/show/1CzvC1mqq2BApXyoINGIEw?si=eec7dfe982874ff2]

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