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India vs. Bharat
by Kris on Aug 04, 2008 09:12 PM


The article is attributed to 'one such supporter' of nuclear deal.

This person is frankly delusional. He or she has no clue what he/she is talking about.
70% of India needs state support for everyday living. They need primary care, education, cheap food, transportation to survive. Capitalism sounds very good on paper but has practical limitations.

Those paying attention to capitalist USA, would have noticed how US government is bailing out the banks, airlines, mortgage companies. Had there been real capitalism, these companies should have been allowed to go bankrupt. Same CEO who praise free market on CNBC are the first ones to show up begging money from the government ( which is basically tax payers money) to bail them out. Same guys who made hundreds of millions of dollars every year are now begging to be rescued by tax paers. Talk of shameless ness and hypocrisy.

Half knowledge is a dangerous thing and I am afraid that Indians have only been fed all the rosy scenarios but they don't know the dark side of capitalism.
As everything in life, balance is important. Free market socialism is the best solution to India's challeneges.

Germany and Japan should be India's model not USA.

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What N-deal really means for some