IN FAVOUR OF CAPITALISM

IN FAVOUR OF CAPITALISM

Capitalism is the guiding force of economic development but capitalism is as good as our rules are. System.of capitalism is inherently good in the sense that this system of production and distribution enables people to compete with one another. And system of democracy can survive only in capitalist system of society as it liberates individual's potentials by means of values, practices , norms and rules which are conspicuously absent in all other known forms of production and distribution. But system of an efficient and benevolent capitalism is subject to certain preconditions , like
1.Execution of Rule of law
2.Formulation and execution of laws themselves
3.State's capacity and eagerness to interfere where capitalism by means of market economy doesn't perform
4. State's intervention in limiting private motives where social loss of capital, labour and technology are significant as in the field of climate .
   Capitalism works as good as it is liberated to enhance individual's capabilities and social good. Both must be synchronized. And most importantly capitalism qualifies to the extent to which freedom from deprivations are guaranteed.
For scrutinizing we must analyze the system of capital, labour ,technology and distribution. And then only we can evaluate the economic performance of a country to ascertain how much it's capitalist .

Comments

Post a Comment

Popular posts from this blog

भारत की वर्तमान राजनीति और भविष्य के लिए चंद चर्चे।

भारत की वर्तमान राजनीति और भविष्य के लिए चंद चर्चे। जिन धर्मों में धार्मिक परम्पराओं के कारण उपवास का चलन है और दरिद्र को ईश्वर का रूप माना जाता है और इन दोनों परम्पराओं के पालन को मोक्ष अथवा ईश्वर की प्राप्ति का साधन माना जाता है उन धार्मिक समूहों में आर्थिक विकास और समानता के नाम पर लोगों को लामबंद नहीं किया जा सकता है। यही वजह है कि हिन्दू बहुल भारत और नेपाल तथा मुस्लिम बहुल राष्ट्रों में भारी गरीबी, असमानता और  उत्पीड़न मिलता है और विकास और आर्थिक वृद्धि के सवाल आम जनों को उद्वेलित नहीं कर पाते हैं।  ऐसे देशों में जनता को धार्मिक मुद्दों में उलझा देना बहुत ही सरल होता है।       आज भारत के बड़े और प्रबुद्ध मंच पर भाजपा के हिन्दू राजनीति की कठोर आलोचना होती है किंतु चुनावों में भाजपा को पराजित करना लगभग असंभव हो चुका है। इसका सीधा कारण यह है कि आम भारतीय अपने मूल स्वभाव से धार्मिक-कर्मकांडी होता है और आर्थिक समृद्धि के आगे उसे सांस्कृतिक समृद्धि , जो धार्मिकता और कर्मकाण्ड के पुरुत्थान में दिखता है से ज्यादा प्रभावित होता है। सो वह शिक्षा, स्वास्थ्य, रोजगार, आमद...
Read more

WE NEED DEMOCRACY

    WE NEED DEMOCRACY All schemes and services are meant to serve the people and so the beneficiaries must have every right to make complaints if there is something wrong in the structure and / or in the implementation of the schemes and services. This right to complain is not a costly privilege but it's is the right and this right is protected when the people have right to free speech and other rights as enshrined in our Constitution. The government  is chosen to provide these services and schemes for their betterment, for improving their living standard and the government has no other business more important than this to do. So the government is bound to entertain the complaints and this obligation is fulfilled only when the Constitutionally protected rights are intact. These rights can be intact and protected only if we have independent judiciary and investigative agencies. Only independent judiciary can arrive at the end of justice which includes the protection of rig...
Read more

BEYOND RT MODEL

BEYOND RT MODEL History is a playbook of fierce struggle among the state, the market and the community. There have been some rare periods of balance among them.  Present is also witnessing this fierce struggle. The state is advocating minimum.governsnce  in many parts of the world . This was also happened in past. And whenever this has happened the loser is always the community. Present is marked by failures of Reagon-Thatcher Model. Richness must have only objective and that objective is to enrich the community as a whole. The RT Model brought great richness but failed to enrich the community in the same proportion. This was due to its advocacy for minimal government. And so the RT Model has completed  it's life. This collapse is painful no doubt but beyond the curtain of economic depression social prosperity is waiting as there is no other way to keep nation states survived. If community is not brought in the center greater pain is inevitable.
Read more