Although capitalism is believed to be controlled through the mechanism of a “free market” and is believed to be democratic in its functioning, the reality is quite different. Capitalists amass vast amounts of wealth, which, in today’s scenario, equates to power. This power is wielded in all spheres of Indian society: cultural, economic, environmental, spiritual, amongst others.

In the Indian context, the billionaires possess significant power which holds a great risk to equity of resources. A woman having gold-infused glass of water worth INR 49 lakhs (a life changing amount for millions in the Indian subcontinent) speaks volumes about the disparity and dystopian control at the hands of capitalists when it comes to Indian public’s wealth. According to Deccan Herald, “India’s richest 1% holds 40% of the wealth”, which is alarming for entrepreneurs as well.

Due to the vast wealth inequality in India, the ordinary public’s access to capital is severely hindered. This leads to a demotivated/impossible approach to entrepreneurship; with hesitancy and inability of Indians to look into entrepreneurship ventures. Finally, wealth inequality from capitalism is one of the leading causes of economic stagnation and unemployment.