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Socialism Capitalism
by usa on Jul 08, 2008 12:10 AM Permalink
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India need both! (aka Flexicurity)
A country is not made of land; a country is made of its people. --G.A.Rao
1. Prevent Race To The Bottom (aka Socialism)
Ration shops,Reservations,Basic Income Guarantee,Minimum Wages,Free Education etc
2. Promote Race To The Top (aka Capitalism)
Markets,Incentives,Subsidies,Extrinsic motivation,Appreciation,Awards, Rewards etc
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