Socialism has been one of the most important reasons why India has failed to progress after independence.Nehruvian socialism is one of the most commonly used jargon in the news studios,and I personally feel that Nehruvian socialism still seems to play an important role in our foreign policy.
Many may argue by saying that Nehru was a great leader and it was socialism that made him a great leader.I do not disagree with this view,but through this post the message that I wish to convey is that socialism is all about providing best possible solution in the short term by turning a blind eye to the future.
Let us take the case of a group of workers going on strike.A leftist government more often than not would come to the support of the workers i.e their electorates.This may help to solve the problems of the workers in the short run,but in the long run investors would prefer to stay away from such states/nations.
After jyoti Basu's death I came across an article by a famous journalist-Kanchan Gupta-Through the article he described the journey of Kolkatta towards darkness(after the left's tenure began in mid 1960's ).The city was blessed wit great infrastructure but the leftist ideology prevented the city from moving forward.Kolkatta would have been a mumbai if not for jyoti basu..
Jyoti Basu and Nehru have been loved by the public because of their inclination towards socialism,but in the long run there are not many takers for their ideology.A leftist govt generally maintains a low tax rate which again makes them popular among the electorates,but this is what spoils the fiscal policy of the country.insufficient fund allocation towards the society causes deaths due to hunger,poor infrastructure(roads,rail etc.)If you sum up this figure it should be 100 times more than the deaths during the Godhra riots.These lives have been lost because of our inclination towards socialism.
off late I have been praying regularly...I dont want to meet Jyoti Basu!
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