What price Liberalization/Globalization now, India?

nehruvian socialism discredited , "liberalization/globalization" proclaimed panacea of our ills. manmohan singh , chidambaram prophets of new order. old laws liberal towards organized labour diluted - sorts of facilities , privileges provided multi-national , national capitalist houses. welfare measures curtailed - considered part of despised "socialist pattern".

, now, have pay price. stagflation - artificially boosted growth rates (statistical wizardies rather actual advances) in doldrums. petroleum companies profits more sacred lives of people. sezs provide havens capitalists can flout labour laws. , capitalists of world unite - stock markets crash! why? governments can blackmailed alter fiscal policies suit profit motives. , legitimize anti-labour acts intensification of hours of work, work loads, etc., of workers, many can thrown out of employment. noted in hyped new economy - companies, hbo enterprises, real estate speculation, etc. inflation suffer despite recession economists call "profit inflation" - excessive profits far in excess of marginal worth of capital.

there political side too. nuclear pact usa unashamed business transaction - political leaders of india , captains of enterprises can deals in importation of obsolete technology , equipment. has pushed through. credibility of govt., @ lowest. has little chance of winning next elections.

therefore politically imperative present ruling cliques postpone elections. , have found means - increasingly frequent "explosions" occurring on india, "terrorists" blamed. these criminal offences against people become more - in interests of political parties in power. because legitimize declaration of national emergency - , postponement of elections.

agree assessment? if so, think govt., of india declare state of emergency, suspension of constitution of india, , postponement of elections?

nehruvian socialism discredited , "liberalization/globalization" proclaimed panacea of our ills. manmohan singh , chidambaram prophets of new order. old laws liberal towards organized labour diluted - sorts of facilities , privileges provided multi-national...

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