26 September 2019

India: Capitalism and Economic Freedom

# Freedom has two parts: political freedom and economic freedom.
# Since the beginning of history, every civilisation had a free economic system.
# In 1848, Karl Marx designed a government-controlled economic system – and called it 'socialism'.
# And he called the free economic system as 'capitalism'.
# In 1917, Lenin implemented socialism in Russia.
# In 1947, Nehru implemented socialism in India.
# So in 1947, we got our political freedom – but lost our economic freedom.

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