‘The tirade against capitalism is wholly unfounded. Capitalism as it has shaped during the past quarter of a century is a far better method of developing the economic resources of any country,’ wrote DN Hosali in 1956.
African development is key to a stable world. For if it remains underdeveloped, Africa, with its exploding impoverished population, will fall prey to climate disasters and wars.
Commentators may have missed that the Indian state is less equipped now to provide the resources and political direction necessary to effectively support industrial development.
On key criteria, Indonesia is a better fit than China. It’s a trillion-dollar economy with twice our per capita income ($4,000), which we could reach by 2030.
In his latest book titled 'The New Wealth of Nations', Bhalla explains how a universal income for the poor is a welfare system whose time may have come across the world.
RJD, once a prominent representative of Mandal politics, now finds itself in a political era where welfare, good governance, and new aspirations are overshadowing old caste equations.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
Agree – Indias socialism is resposnible in great measure to teh nations being decades behind countries in teh region including Chine, not just in per capita GDP, but in QUALITY of LIFE measures, Its trajectory is sadly not fully corrected ane teh bureaucracy has dragged its feet and divesting areas it really has no business to be in. I mean even owning hotels & fuel stations is just crazy.
Agree – Indias socialism is resposnible in great measure to teh nations being decades behind countries in teh region including Chine, not just in per capita GDP, but in QUALITY of LIFE measures, Its trajectory is sadly not fully corrected ane teh bureaucracy has dragged its feet and divesting areas it really has no business to be in. I mean even owning hotels & fuel stations is just crazy.
Long live DN Hosali and free-market capatalism. Death to socialism, socialists, and all third-rate politicians.