A Quote by Sunil Mittal
Africa is not for the weak-hearted: infrastructure issues are there. The middle class is absent in most of the countries. We have to cater to the low end of the market to grow.
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Smart companies fail because they do everything right. They cater to high-profit-margin customers and ignore the low end of the market, where disruptive innovations emerge from.
The death of the MG marks the end of one of the most perfect products of free enterprise, born out of the voracious will to succeed of one man and the burgeoning market for middle-class status symbols. The car first appeared as a souped-up Morris Oxford in 1923 when it won the Land's End Rally.
For countries such as Kenya to emerge as economic powerhouses, they need better infrastructure: roads, ports, smart grids and power plants. Infrastructure is expensive, and takes a long time to build. In the meantime, hackers are building 'grassroots infrastructure,' using the mobile-phone system to build solutions that are ready for market.
Most larger companies now see that for the market to grow, Web infrastructure must be royalty-free.
We anticipate countries increasing their spending on infrastructure like railways, airports, power plants and ports. Our heavy forging plant has the capacity to cater to each of these segments.
The Miss America contest isthe most perfectly rendered theater in our culture, for it so perfectly captures what we yearn for: a low-class ritual, a polished restatement of vulgarity, that wants to open the door to high-class respectability by way of plain middle-class anxiety and ambition.
To most middle-class feminists, as to most middle-class non-feminists, working-class women remain mysterious creatures to be “reached out to” in some abstract way. No connection. No solidarity.
With respect to the situation in Ethiopia and the Horn of Africa, in both countries the Soviet Union had been working hard to create an infrastructure of those who shared their point of view and were prepared to take over the countries.
The issues that matter to me are the social safety nets for people, health care, middle-class concerns. We need to take care of the middle class and the poor in our country.
To be able to achieve the laudable goals (of preventing and treating HIV/AIDS), especially for us in sub-Saharan Africa, there is the need for us to invest in improving our weak health systems. The inadequate number of healthcare facilities in many of our countries are major issues of concern.
In Maryland, I didn't grow up around poor white people. Where I grew up, the white people were middle class or upper-middle class. It's interesting how screwed up it is in reality, because most people who receive assistance from the government are white, but not in my head or in my experience.
When an entrant competitor attacks the low end of any market, the rational reaction of the incumbent firms is to abandon rather than defend it - because the low end is the least profitable of their possible investments.
We're a phenomenally snobby society, and it's such a rich seam. The middle class is so funny: it's the class I know best, and it's the class where you find the most pretension, so that's what makes the middle classes so funny.
The middle class is so funny, it's the class I know best, and it's the class where you find the most pretension, so that's what makes the middle classes so funny.
Right after undergrad, I started doing low-level work on health issues in sub-Saharan Africa, and what struck me was the disconnect between how people in New York would speak about some of the issues people were facing. At the time, 2006-ish, there were a number of big media campaigns to raise awareness about HIV in sub-Saharan Africa.
A thriving middle class is the source of growth in a technological, capitalist economy. Investing in the middle class is the most pro-business thing you can do.
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