South Korea is a country that&#x27;s like 1&#x2F;2 the size of Karnataka, and is mostly a US colony. With US military bases and its economy largely set up to keep China in check.<p>Germany(Which was highly developed nation even before WW2) and Korea, were split to become proxies for USSR and US. A move in which people lost a more than they gained. We opted to be non allied. The magic is not capitalism. The magic is in being a proxy state to a super power(The very thing we gained independence from).<p>&gt;&gt;1990s onwards we have made our lives so much better, and the shit didn&#x27;t have to be so bad for our forefathers and parents.<p>You are looking at the results, without looking at the ingredients and ecosystem required to produce those results. Capitalism doesn&#x27;t work the way you think. There is no magical wand, or a policy incantation that can fix things without supporting infrastructure and ecosystem. There is no way, no magical mantra to pull out thousands of non existent engineers&#x2F;doctors&#x2F;skilled professionals out of the nothing in 1947, in an country where 95% were farmers, and the remainder in non productive jobs. There is also no way without this absent workforce and non existent money for you to build hundreds of industries and businesses. In a non existent government institution to collect taxes, and then build road and other supporting infrastructure. Even the US after all these years heavily relies on skilled professionals from foreign countries coming to their country and builds the ecosystem for them to immigrate, and those skilled professional go there because they are constantly building those infrastructure to support it.<p>You are inheriting a country, which doesn&#x27;t have a proper working administration. Let alone institutions to collect taxes, or plan economies at scale. Nor do you have access to skilled talent, or ecosystem or infrastructure to build industries.<p>Yet despite all this we have crawled our way out.<p>The only reason why you see the free market reforms in 92 even worked is because, there was an industrial base in South India, and there were engineering colleges that had been developed over time, producing engineers and industries, which can now be scaled to a larger economy.<p>&gt;&gt;All Indians do is give excuses for why India was poor, but nearly all their excuses can be best represented by the biggest excuse of them all &#x27;Hindu rate of growth&#x27;.<p>Or somebody like you should show us, how one could actually create stuff out of literal nothing.