Topic: Socialism

It is not capitalism which is responsible for the evils of permanent mass unemployment, but the policies of the stateman which paralyse its working, wrote BS Iyer in 1971.

In a welfare state, the rule of law has been defiled and public opinion and sovereignty are being superseded by the undemocratic decrees of the ministers, wrote GN Lawande in 1958.

The biggest capitalist has to consider what the smallest man in the market wants. This is how the consumer is king and this is what is called a free market economy, Minoo Masani wrote in 1966.

BR Ambedkar valued the Fourteenth Amendment to the US Constitution, which was ratified in 1868. This amendment granted equality to African Americans after the Civil War.

As affordability collapses and AI deepens inequality, a new debate emerges: can capitalism be reformed—or must a modern, hybrid socialism rise to protect economic dignity?

Today is the anti-socialist era. Libertarianism is fighting; dedicated with all its power and love of liberty. It does not matter whether it wins in the political sphere, wrote KD Valicha in 1957.

It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.

An Indian Hitler will have to be exceptionally lucky to survive for any length of time. This much hope ought to be enough for seekers of liberty and equality, wrote Sharad Anantrao Joshi, president of Swatantra Bharat Paksh party, in 1995.

Our brand of socialism did not result in transfer of wealth from the rich to the poor but only from the honest rich to the dishonest rich, lawyer-jurist Nani A Palkhivala said in 1991.

‘If socialism does not serve the purposes for which it was intended, that is, moving towards a freer and more equal society, is liberalism the alternative?’ wrote Minoo Masani in 1966.