The colloquium, titled The Morality of Capitalism, was organized with the aim to apply liberal ideas to address challenges faced by India in the context of capitalism. The other objectives were to apply innovative liberal approaches in addressing various facets of capitalism and to challenge participants to examine, refine, and develop their own ideas by engaging with others interested in the same issues.
Among the noted attendees were Mrs. Shalini Wadhwa, Director Blinking Peacock Productions;
The colloquium provided a platform for these 19 professionals from India who are actively engaged with these issues from civil society, law, business, and academics to come together to share their experiences and seek alternative perspectives. The discussions addressed six sub themes from pre selected readings, such as whether capitalism is merely efficient at producing goods and services, or is it also moral, and is it moral because it achieves the greatest good for the greatest number or because it protects each person's right to choose what to do with his or her own life. These issues and their bearing on the current scenario in India were discussed at length.
About Rakesh Wadhwa: Mr. Rakesh Wadhwa has a bachelor’s degree in Law and a background in Chartered Accountancy. He has authored various books including India, The Third World and The Deal Maker. He is a highly respected figure in the journalism circles, having been nominated for the Frederic Bastiat Prize four times. Mr. Wadhwa is a leading businessman, and an ardent believer in the concepts of free market and capitalism.