Why Does India love Socialism and hate Capitalism ?

Discussion in 'Politics & Society' started by CrYsIs, Feb 1, 2014.

  1. CrYsIs

    CrYsIs Regular Member

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    Even though it's no secret that socialism ruined India for over 50 years but the poverty stricken ideology still sells like hot cake.Had India induced market reforms in 1947 it would have been the number 1 country in this world with a very high per capita income.Instead India is languishing at the bottom with very low income sub Saharan African countries.

    Since the time of liberalization India has achieved more in last 20 years than probably in last 500 years,still then being a proponent of Capitalism is nearly a taboo.

    I agree capitalism is evil but it's a necessary evil because it generates wealth which can be distributed to the masses for the betterment of the society.In socialism there is very limited generation of wealth because everything is controlled by the state.So how do you feed the people without wealth generation ?

    The proponents of socialism says that capitalism spreads massive inequality.Indeed it spreads inequality but it's important to note that it spread inequality of wealth unlike socialism which spreads equality of poverty.In capitalist society a poor man has 1 car and the rich has 3 cars but at the end of the day both have cars unlike socialist society where no one has a car.

    To highlight the difference between a socialist and capitalist society compare India to USA.In USA an average family of 4 earns more than Rs 1,00,000 a month where as in India taking the fact that 2/3rd of the population earn less than 2$ a day an average family of 4 does not even earn Rs 5000 a month.

    Almost all the countries in this planet have abandoned socialism and it's evil twin communism and if India does not liberalize further it will not achieve high growth required to uplift it's poor and the whole country would end up getting ruined.
     
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  3. PredictablyMalicious

    PredictablyMalicious Punjabi Senior Member

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    India needs the implementation of certain socialist principles to ensure a dignified life for its impoverished masses but in order to do so, the money has to be generated through capitalism.
     
    Last edited: Feb 1, 2014
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  4. Srinivas_K

    Srinivas_K Senior Member Senior Member

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    Socialism kills the competitive edge in the society or in an organization in the name of equality.

    On the other hand Capitalism encourages people to thrive reason why corporates thrive and achieve results.

    Indian economy is a mixed one it is neither capitalistic nor socialist. On the other hand the welfare schemes that are implemented in India are socialism inspired.
     
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  5. Eastman

    Eastman Regular Member

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    without the welfare scheme (read as subsidies) how will the political parties survive?
     
  6. CrYsIs

    CrYsIs Regular Member

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    As my American friend says "Capitalism is the best form of socialism".It's a myth that socialism ensures dignified life for its impoverished masses.Socialism only ensures you live an undignified life for ever.

    In US even if you don't work the country is rich enough to feed you but in India in such a case you would only end up starving.
     
  7. arnabmit

    arnabmit Homo Communis Indus Senior Member

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    Socialism, hmmm.

    "From each as per their ability, to each as per their need" has always been a recipe for disaster, will always be.

    If any of you have some time to spare, I suggest you read the philosophical fiction "Atlas Shrugged" by Ayn Rand.
    (Don't watch the movies though)

    Atlas Shrugged: (Centennial Edition) - Ayn Rand - Google Books

    The situation described in the book is where India is heading towards.
     
    Last edited: Feb 1, 2014
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  8. arnabmit

    arnabmit Homo Communis Indus Senior Member

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    [​IMG]
     
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  9. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    :yey:Another Objectivist!

    Dint know you hated socialists too. Sorry, for mistaking you as a Socialist/Commie...

    Anyway, on topic, I think Socialism stems from the psych and prelidiction of Caste Mentality of the Indians- .ie having an idea that they have some god given right to preach what is best for others. Thats why they want the state to dictate what the people should do(Govt control or Socialism)
     
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  10. anoop_mig25

    anoop_mig25 Senior Member Senior Member

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    Well according to me socialiam has been forced upon Indian after Independence specially through flim where business men where always showed as eveil.

    i think indian is headed where pakistan is headed .ie always beging to IMF for bailout.Pakistan cannot take measures as demended BY IMF but is still bailed out by IMF.And Future of India would be doing the same (if didn`t make any path correction now )

    And day would come when financially stable state would demand freedom form Union of India

    And then there would be civil war
     
  11. jackprince

    jackprince Turning into a frog Senior Member

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    Socialism is ingrained in our cultures. To help the needy has always been considered Dharmic and Punya. However after independence the concept of socialism was greatly needed as a huge no. of masses was economically very poor unlike the europe or usa people, who already had a far stronger economy and well developed industry thanx too last centuries' looting of their colonies.

    But unfortunately the screwed up politicians - particularly Indira gandhi - made a mess by going too far with too much socialism and thus damaging the growth of industry itself. The need of the hour is 'controlled' capitalism - has been for decades. Going all out capitalistic would prove dangerous like whst's been hapening in usa since 2007. The strength of indian economy is its regulation which is also its major weakness.
     
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  12. jackprince

    jackprince Turning into a frog Senior Member

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    Dont be crazy. The fiancial stability of so called rich states comes from the unity of the federal state of India itself. You may not, but most people do understand that.
     
  13. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    Both of your paras are full of misconceptions. NO. Socialism is not part of Dharma. Which Dharma says that you should rob the rich and pay the poor?:rolleyes: Stop confusing Charity with Socialism. Both are not the same, I help some one from my own will= Charity, I am robbed to pay a drunken shit = Socialism.

    And The next para...?? Really?? Capitalism let US down? If anything the govt control of business is what let US down. Also, how convinient of us to forget that Communism collapsed while Capitalism survived!

    Communism/Socialism is a shitty retarded theory in both practice and theory. Only fools and hypocrit would support such a system. I mean, seriously, dont tell me that all of you engineers, middle class and techs want to be treated as an equal to a street cleaner, .ie same salary, respect, social status etc(lets be practical instead of being politically correct here) as the Socialist principles demand:rolleyes:
     
  14. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    Total non sense. Since Independance, the Per Capita Income of Maharastra has grown from being 5% lesser than that of West Bengal to 58% more than that of West Bengal now. It has nothing to do with the "federal structure(whatever you mean by it)" of India but with the shitty policies of(and inherent to) the Socialist Govt of west bengal:rolleyes:
     
  15. pkroyal

    pkroyal Regular Member

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    A Nation like India which has practiced a higher form of existence ' Humanism' will never have a place for Capitalism / Communism / Socialism etc.

    Wealth is to be created as a means to an end, as per individual talent.

    Even the Bhagvat Gita mentions that each one of us has to grow through:-

    Swarth ( selfishness, fulfilling your needs )
    Purusharth ( Dharma, Arth , Kama, Moksha ) & finally to
    Paramarth ( ultimate meaning , transcendence, charity , helping the needy etc)

    If wealth is not created ? what is there to give ?

    This is where the State / Governance steps in , tax, education, equitable distribution of work opportunity, land reforms, recognizing merit etc

    Samaj / Society has to assist the state in social reforms like, population control, respect for women, care of the old, elderly & the weak / disadvantaged etc

    Humanism as practiced in India was truly a PPP ( public private partnership) Any other concept will not gain traction for long. Resources are state property, since one way or the other we exploit resources to create wealth so the state has a legitimate right to intervene in wealth distribution lawfully.

    Only rider is " The Guards who are mandated to protect the State coffers should not be Thieves / Robbers "

    Imagine in your wildest dreams! if the Army mandated to protect / guard the frontiers of the Nation, starts fraternizing with the enemy , will you be able to sleep / exist peacefully ??

    Also the state head should be the most prudent person. He/ She and his/her council of ministers should be able to utilize the available resource / wealth efficiently. Tough call !

    It is tough being human !! all other ism's are skewed or have a statistical bias in favour of some group.
     
    Last edited: Feb 2, 2014
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  16. A chauhan

    A chauhan "अहिंसा परमो धर्मः धर्म हिंसा तथैव च: l" Senior Member

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    Politicians love socialism as it is prone to corruption :confused:
     
  17. SPIEZ

    SPIEZ Senior Member Senior Member

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    Politicians love socialism because it is pro poor.

    Socialism/Communism have some benefits. It reduces the class divide across people, something that is necessary in India.

    However one should be careful with reference to capitalism, especially if one takes the exaMPLE OF usOFa where most jobs are out sourced. It is almost hard to believe that USofA is capable of being self sustainable. However Us continues to be the largest market in the world currently. Can't see any country yet to replace the Us. One should also consider the recent European economic breakdown.

    On the other hand, the successful case of China should be considered, especially the case where a huge population center has become the world largest production center and the communist government has been able to show such a great economic progress.

    But my view can be corrected.
     
  18. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    Indian govt loves socialism because of the simple fact that it cannot provide opportunities for
    people to be capitalistic. One example India has the greatest number of engineers in the world
    but India does not manufacture much and infrastructure is still dismal. Either this is a lack of
    vision or excessive corruption or both.
     
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