capitalism or we must say
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Capitalismor
we must say
Capindialism:In the name of progress
-Abhik mukherjee -Satyajit rath
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Introduction Capitalism is an economic system
that includes private ownership of the land, means of production, creation of goods or services for profit or income.
Capitalism is a social , economic, environmental issue ,which needs to
be addressed.
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In a nation of 1.2 billion, India’s 100 richest people own assets equivalent to one-fourth of the GDP.
The era of privatization of everything has made the Indian economy one of the fastest growing in the world.
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India’s mega corporations-Tatas, Jindals, Essar ,Reliance-are those who have managed to muscle their way to the head of the line that is spewing money extracted from the deep inside the earth.
The other major source of corporate wealth comes from their land banks. All over the India ,weak ,corrupt local government have helped business corporations and Indian billionaires to amass huge tract of land.
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The millions of landless people driven from their villages, slums and shanty colonies in small town and mega cities, do not figure in the radical discourse.
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In India, the land millions of people is being acquired and made over to private corporations-for SEZ, infrastructure projects, dams, highways, car manufacturing, chemical hubs and formula one racing.
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Connection between GDP growth and jobs is a myth.
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Creating a Good Investment Climate
The Salwa Judum(Chhattisgarh)
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Kalinganagar (Orissa)
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The Two Contrasting Pictures of India
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The Real Issue
• Democracy is too weak to control the capitalist class
• Democracy is unable to preserve fair play in economic and social life
• Indian media is made vulnerable.
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Myth of Democracy
Myth: “Government of the people, by the people, for the people”.
Reality: Government of the people, by the millionaires, for the millionaires.
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Statistics
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Solutions
Democratic reform. Economic Democracy. Neo-ethics. Rational distribution of wealth. Government support for the budding
entrepreneurs.
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Small Scale Business
• High motivation
• Efficient and adaptable management
• No threat to society
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Medium Scale Cooperative Enterprises
• Worker owned and managed• Democratic environment for
healthy personal growth• Security of employment• Benevolent use of technology
reduces working hours• Promote social and economic
equality through decentralization of economic power.
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Thank You
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