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10 April 2009

A People's Mainfesto i to different jobs ideas

Two hundred years of colonial rule in India had turned the richest country on earth into one of the poorest. The task was to make up the leeway by optimal use of the existing physical, human and financial resources and its continued renewal and upgradation. The colonial structure needed dismantling as it was the greatest stumbling block in unleashing the vast productive potential that the country possessed. The political class to whom power was bestowed could not countenance such dismantling as it was the very product of colonial rule and owed its power and privileges to the colonial structure. It had no vision of an alternative model of growth which could impact its privileges except to increase its share of the national pie. It was more or less a continuation of the old order with some adjustments and cooption which gave it a greater elbow room but could not put the country on a path of sustained growth with justice. The possibilities of growth in such a context were limited and soon appear to have been exhausted leaving no other option to the ruling classes but to ally with international capital as a last subterfuge. The latter is in desperate need of such openings to extract surplus not by investing in productive ventures but in financial leverages and speculative activities. The native bourgeoisie would partake some of the gains and increase its share in the national cake through windfall gains that will accrue to the owners of capital but this by itself cannot put the country on the path of sustained equitable growth. The recent recession in developed capitalist economies has further adversely affected the prospects of growth in less developed countries like India.
The basic task of putting all the available resources to optimum use could be realised only when the whole economy is broadly directed to achieve these ends in a planned manner. There will be enough room for private players and to those who own capital and skills but the guiding motto will not be maximisation of profit but fulfilment of the material needs of the people; where surplus generated will not go to meet the luxury and wasteful consumption of a few but will be directed to investment in improving the productive base of the economy along with raising the quality of life of the people. It will be a battle against all that is ugly, ignoble and divisive in society and for the creation of a new man who lives in perfect harmony with other human beings.

Source : www.mainstreamweekly.net/article1274.html

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