SPEAK TO THE bankers and industrialists at the top of India’s economic pyramid and you hear a common refrain. All Indians, they contend, are at heart socialists—themselves included. The popularity of the Indian version of “Shark Tank”, a TV celebration of capitalism (similar to “Dragons’ Den” in Britain) in which ordinary people seek funding for their business ideas from a gaggle of successful entrepreneurs, suggests that this conventional view may be out of date. The show’s 36-episode run, wrote the Hindustan Times, shifted the topic of dinner conversations throughout the vast country from cricket to business plans. Terms like “gross profit” and “TAM” (total addressable
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