THIS is another face of capitalism, albeit
an ugly one. But it is as much an inherent part of the various moods and hues
of ideology. Large companies, on the brink of bankruptcy, are trying to make
last-minute deals to remain profitable, or survive. But if the logic of
capitalism is that the government has no business to be in business, and the
private sector should run to the policy makers to be bailed out, there is only
one way – keep your head above the water, or declare bankruptcy. After the
Supreme Court forced the telecom companies to pay their huge dues on
revenue-share to the government, this is, in fact, the way forward for several
reasons.
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