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Daily Inspiration Quote by Manmohan Singh

"Capitalism historically has been a very dynamic force, and behind that force is technical progress, innovation, new ideas, new products, new technologies, and new methods of managing teams"

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Manmohan Singh’s praise of capitalism lands with the quiet authority of a man who spent his career translating ideology into balance sheets. Calling capitalism “historically…a very dynamic force” isn’t starry-eyed celebration; it’s a technocrat’s argument for legitimacy. The energy of the sentence comes from its accumulation: “technical progress, innovation, new ideas, new products, new technologies” - a cascading list that mimics growth itself. It’s rhetoric shaped like an engine: keep feeding it inputs and it keeps moving.

The subtext is political, not philosophical. Singh isn’t defending capitalism as a moral order; he’s defending it as a machine that delivers outcomes governments can claim. By rooting capitalism’s dynamism “behind” technical progress, he reframes markets as the handmaiden of modernization - a framing designed to soothe publics wary of inequality while reassuring investors that reform has an intellectual spine.

Context matters: Singh is inseparable from India’s 1991 liberalization, when crisis forced a rethinking of the old socialist consensus. In that light, the quote reads like a long-view justification of reform: not “we had no choice,” but “this is how history moves.” The final clause - “new methods of managing teams” - is a telling add-on. It widens capitalism from gadgets to governance, implying that the private sector doesn’t just invent products; it invents organizational competence. That’s a subtle rebuke to sclerotic bureaucracy, and a pitch for a state that partners with markets rather than trying to outdo them.

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TopicTechnology
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Capitalism historically has been a very dynamic force, and behind that force is technical progress, innovation, new idea
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Manmohan Singh (born September 26, 1932) is a Statesman from India.

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