Since then, however, we have veered to the opposite extreme, and profit has cometo justify everything, including outright fraud, corruption and criminality.Just as we practiced an utterly false socialism, we have now committed ourselvesto a substantially false capitalism and liberalism. The most significantbeneficiaries of the new 'licentious raj', as in the old 'licence raj', arepolitical and bureaucratic middle men, commission agents and money changers whomanipulate the system to skim the cream off the top of every deal, buildingpersonal fortunes of thousands of crores in tenures that last no more than a fewyears.