MODI, B.J.P AND FREE-MARKET CAPITALISM
February 10 was a historic day for India. For the first time, a Prime Minister praised the private-sector and wealth-creators on the floor of the Parliament. Since 1947, our country (especially our political system) has been suffering from an evil called socialism. This evil kept us poor for half a century – while the poorer countries of East Asia and South East Asia became rich with free-market capitalism. In 1991, Prime Minister P V Narasimha Rao started destroying this evil. But almost 3 decades later, this evil is still very powerful in our country – the rich farmers' protest is a perfect example of this. Even the 'right-wing' political party BJP has been suffering from this evil. That is why the February 10 speech is so important. Yes – the Prime Minister did not go far enough to use the term 'mukt-bazar punjivad' (free-market capitalism). But socialism being our second national religion (after Hinduism) even the words 'private-sector' and 'wealth-creators' are revolutionary enough. Let us hope the Prime Minister, the government and the BJP embrace free-market capitalism completely. And let us support them 100% in this regard. Bharat Mata ki jai.
