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Are you Indian? If you are, were you alive and capable of understanding the state of the economy and the larger society during the era when central planning set
by rajekas 8y ago
Are you Indian? If you are, were you alive and capable of understanding the state of the economy and the larger society during the era when central planning set economic policy?
I seriously doubt it.
Let's just take one simple example: the software boom centered in Bangalore and other (primarily) South Indian cities. Do you know why those booms happened there? It's because there was a large, educated workforce stemming from government investment in public sector firms - i.e., state enterprises. It's the children of government and public sector employees who set up most of the now famous software firms.
In other words, the private sector boom is unimaginable without two generations of public investment in industry and education and the first Indian prime minister, Nehru was acutely aware of the state's responsibility to make that happen because at the time of independence, there was no private industry that could invest in the kind of infrastructure - whether human or material - that led to the sort of development you are now claiming was unshackling India from suffering under central planning policies.
If you want to bring your ideology to work go right ahead, but please don't quote examples or historical precedents of which you know nothing.
- dominotw 8y ago> Are you Indian? > the private sector boom is unimaginable without two generations of public investment Neither of these are relevant to the point GP made.
- rajekas 8y agoGP said: "Being profit driven does make things magically better. Countries like India... the market." Which neglects the superstructure on which the current growth story is based and also neglects the huge human and environmental cost of privatization even when it enables growth as [1] will tell you. And that's why it's a terrible example to illustrate the value of private prisons in the US since those prisons also prey upon the most vulnerable and marginalized communities in that country. In other words, GP's main point was to use India as an example for praising the merits of privatization vis-a-vis central planning there and then mapping that to the US to praise the privatization of prisons in comparison to state run prisons. What, in fact, it shows is the exact opposite, that when it comes to services that need to put human welfare first and where money presents conflicts of interest, it's best done under the state umbrella or with strict supervision. [1]: https://ruralindiaonline.org/articles/a-long-march-of-the-dispossessed-to-delhi https://ruralindiaonline.org/articles/a-long-march-of-the-di...
- deleted 8y ago[deleted]