DESPERATE 85% of people in India are desperate working slaves in an informal economy and their lives oscillate between fear and frustration.
EVEN MORE DESPERATE The remaining High Net Worth Individuals in India are always in search of collusion mostly in the form of caste to enhance their wealth.
SOLUTION A credible minimum income guaranteed system for every one whether they work or not will bring in dignity instead of desperation for the working poor and inheritance taxes will stimulate compassion instead of collusion.
Such system will prevent all socioeconomic issues in India viz farmer suicides, dowry deaths, child labor, fear, frustration, corruption, bribery, prostitution, terrorism etc.
RE:India
by Maximus Decimus Meridius on Feb 10, 2007 12:43 PM Permalink
"SOLUTION A credible minimum income guaranteed system for every one whether they work or not will bring in dignity instead of desperation for the working poor and inheritance taxes will stimulate compassion instead of collusion.
Such system will prevent all socioeconomic issues in India viz farmer suicides, dowry deaths, child labor, fear, frustration, corruption, bribery, prostitution, terrorism etc."
Such a system exists. It's called communism. It has failed miserably. Socialism is dying too... The most steadfast of socialists, France is coming to realize that socialism can do only so much (They have more unemployment than US!).
A point to consider is that in Western Europe (France Germany etc), the fact that the state takes care of its citizens results in armies of people who would make minimum wage in the free market to not attempt to get a job and live off the state's funding. (If you make the same whether you work or not, would you work?)
RE:RE:India
by m sasikala on Feb 12, 2007 06:20 PM Permalink
I would appreciate if you propose a alternative solution to "prevent all socioeconomic issues in India viz farmer suicides, dowry deaths, child labor, fear, frustration, corruption, bribery, prostitution, terrorism etc."
RE:RE:RE:India
by YuanKush on Feb 13, 2007 12:11 AM Permalink
Put those people in Prison except the first one. Frustration can happen even in people those who have million dollars when they couldn't buy another company. Farmers suicide can be prevented by regulation & middle man avoidance & using technological alternatives, subsidy in their loans etc. Prostitution can be regulated by legalizing it. Ctrl Child labor by making mandatory education.