Limits of Unbalanced Economic Growth and Capitalism
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| Limits of Unbalanced Economic Growth and Capitalism |
Dr Bhimrao Ambedkar had said that "Equality is that the object of the imaginary world". Ever since the creation of the planet, the stratification of each person is nature-oriented. We get to ascertain gender, economic, social, political, geographical inequality everywhere within the world. But in these inequalities, economic inequality attracted the eye of thinkers more. Marx also wrote a book called "The-Capital" about economic inequality. In which he tried to prove that each aspect of life is decided by its economic side. Even further, he discussed the history of mankind on an economic basis. During which the rights on the means of production were considered as fact and divided the planet into only two groups. The primarily Bourgeoisie and remaining are proletariats. Marxism, which was dreaming of equality as a political philosophy, ended itself.
After the top of communism, the horse of capitalism is running a gallop within the world. The world is a market for capitalism. The market is cruel. Where capital, not emotion, is vital. The flow of capital is within the market, but it's limited to some industrialists houses. At the beginning of capitalism, its irony began to seem. For this, organizations like the World Trade Organization, the World Bank, International Monetary Fund has been formed, which are constantly examining the health of capitalism. So that the symptoms of any major disease within the system are identified within time and it is diagnosed.
During this context, the annual meeting of the "World Economic Forum" takes place within the city of Davos, Switzerland. Billionaires, Industrialists, Economists and officials of policy regulatory bodies of all countries of the world participate in this meeting. Markets assess the economy and flow of capital and formulate further strategies. In the 50th meeting of the World Economic Forum, the human rights organization "Oxfam" has released a report called "Time to Care". states that a total of 2153 billionaires within the world have quite 60% of the world's low-income population (460 crores). This report is predicated on the info for the year 2019. Consistent with this report, 63 billionaires in India even have more assets than the entire budget of the country. India's budget was Rs. 24 lakh 42 thousand 200 crores for the year 2018-19. India is not any different based on economic inequality. 01 per cent of India's billionaires have 4 times the wealth of 70% of the country's poor population (95.3 crores).
According to "Oxfam India" CEO, Amitabh Behar “The gap between rich and poor can't be bridged without strong policies to get rid of inequality. to beat this inequality, governments must implement a special policy for the poor. He said that our inefficient economies are filling the pockets of billionaires and large companies at the value of folk. consistent with this report, if the rich class pays a further tax on their property at the speed of just 0.5 per cent for subsequent 10 years, then this investment required to make 11.7 crore jobs in areas like the education and health of the elderly and youngsters . are going to be adequate to it's also a bitter truth that governments of various countries of the planet are charging tax from the rich and corporations at a really low rate. within the name of economic development, big capitalists and corporations are constantly harming the environment and are using technologies that have adverse effects on the environment. then, the governments of varied countries later give the tax income collected from citizens within the name of environmental protection within the name of contracts for environmental protection to those companies.
Consistent with the Oxfam report, gender inequality also plays a crucial role in economic determination. Consistent with this report, 22 rich people of the world have more capital than the wealth of all the ladies of the continent of Africa. Women from everywhere in the world work together for 326 million hours each day taking care of the family with none money. Consistent with an estimate, the contribution of this work to his work is Rs. 19 lakh crores within the world economy.
Consistent with the above report, the increasing economic inequality within the world shows the suppression cycle of capitalism. No system is often sustainable unless it's in favour of most of the people. At present, the world financial system is within the grip of the recession. In such a situation, it's the responsibility of economists, policymakers, top industrialists and the heads of state gathered within the World Economic Forum to make such economic policies in the longer term so that the dream of equality within the world isn't just a dream. If the planet has got to get obviate the disorders of mutual malice, terrorism, violence, etc. then there's no other way other then economic equality.
After the top of communism, the horse of capitalism is running a gallop within the world. The world is a market for capitalism. The market is cruel. Where capital, not emotion, is vital. The flow of capital is within the market, but it's limited to some industrialists houses. At the beginning of capitalism, its irony began to seem. For this, organizations like the World Trade Organization, the World Bank, International Monetary Fund has been formed, which are constantly examining the health of capitalism. So that the symptoms of any major disease within the system are identified within time and it is diagnosed.
During this context, the annual meeting of the "World Economic Forum" takes place within the city of Davos, Switzerland. Billionaires, Industrialists, Economists and officials of policy regulatory bodies of all countries of the world participate in this meeting. Markets assess the economy and flow of capital and formulate further strategies. In the 50th meeting of the World Economic Forum, the human rights organization "Oxfam" has released a report called "Time to Care". states that a total of 2153 billionaires within the world have quite 60% of the world's low-income population (460 crores). This report is predicated on the info for the year 2019. Consistent with this report, 63 billionaires in India even have more assets than the entire budget of the country. India's budget was Rs. 24 lakh 42 thousand 200 crores for the year 2018-19. India is not any different based on economic inequality. 01 per cent of India's billionaires have 4 times the wealth of 70% of the country's poor population (95.3 crores).
According to "Oxfam India" CEO, Amitabh Behar “The gap between rich and poor can't be bridged without strong policies to get rid of inequality. to beat this inequality, governments must implement a special policy for the poor. He said that our inefficient economies are filling the pockets of billionaires and large companies at the value of folk. consistent with this report, if the rich class pays a further tax on their property at the speed of just 0.5 per cent for subsequent 10 years, then this investment required to make 11.7 crore jobs in areas like the education and health of the elderly and youngsters . are going to be adequate to it's also a bitter truth that governments of various countries of the planet are charging tax from the rich and corporations at a really low rate. within the name of economic development, big capitalists and corporations are constantly harming the environment and are using technologies that have adverse effects on the environment. then, the governments of varied countries later give the tax income collected from citizens within the name of environmental protection within the name of contracts for environmental protection to those companies.
Consistent with the Oxfam report, gender inequality also plays a crucial role in economic determination. Consistent with this report, 22 rich people of the world have more capital than the wealth of all the ladies of the continent of Africa. Women from everywhere in the world work together for 326 million hours each day taking care of the family with none money. Consistent with an estimate, the contribution of this work to his work is Rs. 19 lakh crores within the world economy.
Consistent with the above report, the increasing economic inequality within the world shows the suppression cycle of capitalism. No system is often sustainable unless it's in favour of most of the people. At present, the world financial system is within the grip of the recession. In such a situation, it's the responsibility of economists, policymakers, top industrialists and the heads of state gathered within the World Economic Forum to make such economic policies in the longer term so that the dream of equality within the world isn't just a dream. If the planet has got to get obviate the disorders of mutual malice, terrorism, violence, etc. then there's no other way other then economic equality.
US-Iran tension and India's interest
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| US-Iran tension and India's interest |
The clouds of the war in West Asia for the
last several months changed to Fire in the first week of
January 2020. When the US killed Iran's Supreme Commander Qasim Sulemani with a
drone attack near Baghdad Airport. In retaliation to the Iranian public's
outrage, Iran also attacked the US Embassy in Baghdad and US military bases in
Irbil and Al-Assad with missiles.
India is not directly involved in this struggle.
But under the present global conditions, military conflict in any corner of the
world results worldwide. India is also not untouched by this because about
eight million Indians are employed in the countries of West Asia. Which send
about 40 billion dollars of foreign currency to India every year. Even during
the Gulf War, the Indian government had evacuated millions of Indians from the
war zone. After the current tension, the Foreign Ministry has issued a
directive asking citizens living in Iraq to be vigilant. Indian aviation
companies have also been advised to avoid using the airspace of Gulf countries.
India is dependent on the countries of West Asia
in terms of crude oil imports. America has already imposed economic sanctions
on Iran. Due to this, India is not importing more crude oil than that.
Nevertheless, the effect of instability in this sector will be in the form of
increase in the prices of crude oil. India imports 80 to 85 percent crude-oil.
The rise in crude oil prices will have a negative impact on the Indian foreign
exchange reserves. It is a matter of satisfaction that currently the foreign
exchange reserves are at the level of 457 billion dollars. Crude oil prices
have reached $ 70 per barrel due to the current conflict. The whole world is
troubled by the recession in the global economy. India has also reduced its GDP
figure to 5% in the current financial year. Along with rising unemployment in
India, inflation will also increase in the present circumstances. Which can
increase the difficulties of Finance Minister Smt Nirmala Sitharaman before the
budget. Prime Minister Narendra Modi's dream of a $ 5 trillion economy will not
become a reality if current tensions do not subside.
Rice worth 40 thousand crores is exported
from India. 34% of this basmati rice goes to Iran alone. Last year 1.4 million
tonnes of rice were exported to Iran. Haryana Rice Mill Association President
J.P. s. According to Singla, rice mills in North India, especially Haryana,
will suffer a great economic loss in the event of tension in Iran. Because most
of their cargo is stuck at ports. Apart from this, the payment of rice sent
earlier to Iran has also not been paid yet.
India has good diplomatic relations with
Iran. Has spent billions of dollars in the development of a port of strategic
importance in India. With the help of Chabar port in this region, India has
access to countries in Afghanistan and beyond. This port played a significant
role in sending wheat consignments to Afghanistan last year.
Strategic partnerships in the US and India have
also increased in the last decade. In the event of war, America can ask for
many types of military assistance from India. This situation will be
endangering religion for India. A similar situation was created during the Gulf
War in 1991. When the US wanted fuel filling facilities in its military
aircraft from India. But the then government of India rejected this demand of
America. But today's circumstances have changed a lot.
In today's global scenario, it would be
prudent to avoid tensions. At the present time war does not fulfill the
objectives of any country. The US also does not want war because it has been
fighting in Afghanistan and the Gulf areas for a long time. In which thousands
of his soldiers have been martyred. The US is also in the final stages of talks
with the same Taliban to withdraw its forces from Afghanistan, whose terrorists
shook America in the 9/11 terror attack. The US also wants to evacuate its own
and friendly NATO troops from Iraq, soldiers who have been stationed in Iraq
since the Gulf War. So it is the responsibility of all the world's top leaders
and diplomatic experts that they Do not let the US and Iran move ahead with the
circumstances and continue your efforts towards peace.
To be asked like the question
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| To be asked like the question |
Today, I had to teach Rajesh Joshi’s poem based on child labour
"Bachhe kaam par ja rahe hai", in Ninth class. In an attempt to
create an environment before interpretation of the poem, I asked the children.
‘Yes Sir’ - There was less enthusiasm in the tone of the
children.
‘Sir Harsh also work
as Child Labour’ - A child pointed to
Harsh sitting near him.
Harsh's eyes bent down upon hearing this. I also noticed that Harsh is absent from school
many times. I put my hands on Harsh's shoulder and asked-
‘Is it true, Harsh’?
'Yes Sir'-His eyes are still down.
‘Where do you go to
work’?
‘At the gas welding
shop’.
‘How much money do you
get’?
‘One hundred, my uncle
also work there at that shop’.
‘Who else is at home’?
‘My elder brother. He
is two years older than me. He did not read after class VIII. Now he works at a motorcycle
mechanic shop’.
‘Iska Bapu bhi hai ji,
wo pagal hai’- this time the
children spoke.
‘And your mother’? I just asked.
‘She died years ago’ - Harsh reply.
‘Who makes food at
home’?
‘I make myself’. He was helpless in her voice.
Children, even after being so young, he is fulfilling his
responsibilities and studying, it is a matter of great encouragement. To cheer
Harsh, I with the rest of the children clapped for him. After that I started
teaching the poem, "Bachhe kaam par ja rahe hai" but I could not
teach this poem with as much vigour as often in other classes. I got stuck on
only a few lines in the whole poem.
"Bachhe kaam par ja rahe hai
Kitna bhayanak hai ise vivran ki tarah likha jana
likha jana chahiye ise swaal ki tarah
kaam par kyon ja rahe hai bachhe?”
But I could not understand whom should I ask this question?
China lost in Hong Kong
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| China lost in Hong Kong |
After the split of the Soviet Union in 1991, new power equations were being
created in the world. For some years, it seemed as America had established
unitary dominance in the world. China is a communist country based
on communist ideology. There were only small amount of informations in
the world used to come out about China. However by recognizing
the time ahead, they opened up their economy for foreign investment. As a result,
European industrialists invested heavily there, driven by the market of cheap
wages, huge population, the growth rate of China
remained more than 10% for almost a decade. China grew financially
stronger. At the same time, the demand for
democracy of the people was crushed by the communist regime. China continued to
strengthen itself economically and strategically.
During
the last decade, China had tried to fill the space in the world's balance of
power, which was once occupied by the Soviet Union in the
days of the Cold War. After the disintegration of the Soviet Union, Russia
wanted to replace it. President Vladimir Putin also had this will however his
economic compulsions could not give him that position. Which was later enthroned by China because they were poised to take its place in world trade through "One
Belt-One Road".
After Donald Trump came
to power, China began to be challenged by American protectionist
policies. Along with America and China, other countries of the world also started to
felt the heat of world trade war. Because both economic superpowers were
imposing heavy-duties on each other's imports.
Recently, China started
getting a challenge in its own home. Hong Kong, which was once a part of China,
and in the latter days, Britain had ruled over it for
almost 99 years. Hong Kong was handed over to China in 1987 with some conditions. During British rule, the
administrative system in Hong Kong was of a different type and the system of
communist administration in China was quite unique.
During Hong Kong's administrative transfer, the treaty in China and Britain
also stipulated that China would not make any changes in the administration of
Hong Kong for the next 50 years. China
also accepted the principle of "one country-two systems". Hong Kong is a commercial metropolis and the
citizens of many countries of the world have established their trade there. They were afraid because inhuman and undemocratic law and policies may be imposed on them as applicable on the mainland of China.
Hong Kong has been
turbulent for the past six months. The reason for this is
that an extradition bill has been introduced by the Hong Kong administration.
In which there is a provision that criminals will be extradited to the mainland
of China in some crimes and there will also be a provision for prosecution and
punishment in China. The common citizen of Hong Kong understood the intent of
this extradition law. Due to this, they became
angry and joined the demonstrations against China on the streets of Hong Kong.
China tried to calm
these demonstrations by showing fear of its military strength. A "riot
control battle exercise" was carried out by military forces in the Chinese
city bordering Hong Kong only to instil fear among Hong Kong protesters. An article was published in the Chinese
state newspaper that the China government could repeat the incident like Tiananmen Square to deal with riots in Hong
Kong. It is well known that in 1989, the Chinese military
trampled military tanks on students protesting
for democracy. In view of the riots, the
administration of Hong Kong withdrew the decision to pass this bill in
Parliament. As a result, the Chinese government also had to bow down. The
Chinese government is accusing the United States
of America and European countries of being behind the protests against
the extradition bill.
China stood up with
Pakistan in the United Nations on the issue of Article 370. But now China is facing a same challenge in Hong Kong. Along with this, the people of Hong Kong got support from
countries like Taiwan as China keeps its eyes on them too. This incident will
also give moral strength to other countries near
the South China Sea, to which China keeps showing its intensions. China has started
coming under pressure due to the global recession. In China, the growth
rate is falling and debt is rising.
22-year-old
Joshua Wang, who has become the face of protesters in Hong Kong, was arrested
by the Hong Kong administration. Which later had to be released under pressure.
After his release, Joshua Wang met the foreign minister of
Germany during his visit to Germany. This meeting
upset the Chinese administration. According to Joshua Wang, demonstrations in
Hong Kong is now moving beyond the extradition law to demand more freedom. In
such a situation, China's support of the Pakistani move to raise the issue of
Kashmir in the United Nations Human Rights Commission is understandable.
Because China's record on human rights itself is not good.
China is stuck in the
relationship between India and Pakistan. They are supporting Pakistan because "China Pakistan Economic Corridor" passes through Pakistan occupied Kashmir (POK) on which billions of
dollars have been spent by China. On the other hand, trade with India has also
reached around $ 70 billion with a huge trade
deficit in India. In response, the Indian government may increase the
custom duties to discourage imports from China. Due to which the world is facing
the trade war and recession. This situation will be difficult for China. As
sooner as China understands this, the better it will be.
There is a lot of difference between 1962 India and Narendra
Modi's India today.
India wins in Kulbhushan Jadhav's case
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| India wins in Kulbhushan Jadhav's case |
On 17 July
2019, relief came to India from the International Court of Justice - The Hague (Netherlands) that Kulbhushan Jadhav, an Indian citizen,
has been banned from execution by a Pakistani military court. Apart from this,
in the case of Kulbhushan Jadhav, Pakistan was also found guilty of the violation
of 'Viena-Agreement'. Pakistan has also been ordered to provide diplomatic
assistance to Kulbhushan Jadhav.
This is a major victory
for India at the international level. Senior Advocate Mr Harish Salve had
strongly advocated this case in the International Court of Justice. As a
result, out of 16 judges, 15 judges gave their decision in favour of India.
Only the Pakistani judge opposed it. This victory of India is a legal as well
as a diplomatic victory. Kulbhushan Jadhav's safe repatriation is still far
away, but it is an important step in that direction.
On 17 July
2019, Hafiz Saeed, the mastermind of the Mumbai attack, was also
arrested in Pakistan. However, Hafiz Saeed has been arrested by Pakistan many
times before. But it is released again after a few days. A day before this, on
16 July, Pakistan opened its airspace to Indian aircraft. Which was closed
after the airstrike in Balakot. India had earlier requested for this. Because
transporting Indian aeroplanes by alternative routes was
expensive in terms of cost and time. Pakistan had rejected
India's request saying that it would not open its airspace for Indian aeroplanes until India removed its fighter jets from its advance
airfield. India did not pay any heed to this illegitimate demand of Pakistan
and forced Pakistan to open its airspace to Indian aeroplanes.
The reason
behind all these events is the upcoming visit of Pakistani Prime
Minister Imran Khan to America. In which he will meet President Donald Trump and hopes American help
to start talks with India. With these steps, Pakistan
wants to show that it has made up its mind to deal with terrorism and has also
banned many terrorist organizations.
The Government of India is
doing a two-sided attack on the Kashmir problem. 'Operation All-Out' is going
on in Kashmir Valley. In which most of the hardcore terrorists have been
killed. Legal screws are being tightened on separatist leaders. Due to which
the voices of his being persuaded for talks are coming. Pakistan is being
isolated on international forums and its results have also started coming. On 9 July 2019, the Minister of State for Home
Affairs in the Lok Sabha, G Kishan Reddy told that the incidence of
infiltration has decreased by 43%. There has been a decrease of 28% in
terrorist incidents and a 40% decrease in
the incidence of Kashmiri local youth becoming terrorists. It is evident that after the Balakot air strike Pakistan is under pressure at the international level and the separatists at
the domestic level have also been battered.
Pakistan is on the verge
of becoming a financial bankrupt as it is named in the
'Gray List' by the “Financial ActionTask Force”. In present times Pakistan is under
international pressure. Even it may be just for eye washing, but Pakistan is pretending to
tighten the terrorist organizations and their masters. If
Pakistan could not satisfy the “Financial Action Task
Force” in October 2019, then it can
be blacklisted. Due to this Pakistan will not be able to
get any financial help at the international level.
Never before has there
been as much pressure on Pakistan as during the tenure of Prime Minister
Narendra Modi. Pakistan used to raise the Kashmir issue at every international
stage. He tried to internationalize it. But today he is so pressurised
on the issue of terrorism that he is now only requesting talks with
India. Pakistan's 'ever-green friend'
China also sometimes shows its status to Pakistan. Relations between India and
China has been generally supportive, except for some issues at the economic
and international level. China has voted in favour of India several times against
Pakistan. In the case of Kulbhushan Jadhav, the Chinese judge has given a
decision in favour of India in the International Court of Justice.
The efforts
to return Kulbhushan Jadhav's safely at his home, India should use diplomatic and
international forums. Currently, Pakistan is going through its most difficult
phase. This is a time in which if the Government of India adopts the right
strategy, then there can be a permanent solution to the Kashmir problem and
Pakistan can also be made to realize its status.
The Role of Opposition vs. Anarchy
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| The Role of Opposition vs. Anarchy |
As the NDA-2 the government came to power in May 2019, under the leadership of Prime Minister Narendra Modi, since then the relationship of the ruling party and the Opposition going far beyond the political opposition required in democracy. In plain words, political opposition has turned into hatred.
By the way, it started a year
or two before this. When the then Congress President Rahul Gandhi used to raise
slogans of "Chowkidar Chor Hai" day and night. Not only Rahul Gandhi
but many senior Congress leaders have also called Narendra Modi "Neech" and "Mout Ka Soudhagar".
Never before has such personal bitterness been seen in Indian democratic
history.
Presently, after the passing
of the "Citizenship Amendment Bill", the double character of the
opposition has come before the country. The ideology and parties which the
people of India rejected in the election. They started seeing their future in the
riots in the name of "Citizenship Amendment Bill". Is opposition just
to spread chaos? While everyone knows that the "Citizenship Amendment
Bill" is for grant citizenship, not to take away
citizenship. The bill is only meant to grant citizenship in India to the minority Hindus, Sikhs, Buddhists, Jains, Parsis and
Christian came years back from Islamic countries like
Pakistan, Afghanistan and Bangladesh.
Leaders of
the opposition are calling this bill "against the soul of the
constitution" and "against secularism". But they should have so
much intelligence that if the majority Muslims of Pakistan
and Bangladesh was to take it to India then why were they
partitioned the country.
The country's Muslims were misguided by the opposition in the name of National
Register for Citizenship (NRC). Later Prime Minister Narendra Modi said
that it has not been considered in the Cabinet yet. Only citizenship will be
identified in the National Register for Citizenship (NRC). The
government of every country have the right to prepare any
correct data of its citizens and know how many people are intruders in the country. This shows that the
opposition stands with the intruders.
Even before this, during passing "Article 370", and "triple talaq bill”, the Congress
party is only pretending to be friendly to Muslims. After opposition to the
"Citizenship Amendment Bill" and "National
Register for Citizenship (NRC)", the Congress has started provoking
people on the bill updating the "National Population Register (NPR)". Whereas it is a census-related process done every ten years.
A political ideology which is
embellished by many names like Marxist, Communist, Naxalite or Urban-Naxalite is over in the world. In India, some
remnants of it are found in the far corners of the country. This political
ideology is still counting its last breath of ideology in Jawaharlal
Nehru University (JNU) in Delhi. Any
protest in the country starts from here. A handful of students descend on the
streets carrying banners, placards. The next day there are
protests in Hyderabad University,
Jadavpur University and Aligarh Muslim University. After
that, the Congress party wakes up and takes full responsibility of further
anarchy on its shoulders.
Demonstrating protest in front
of Indian embassies abroad by the Congress Party's foreign wing
in the name of "Citizenship Amendment Bill" is tarnishing the image
of the opposition, the country and its own party.
Seeing the possibility of a conspiracy by the opposition in every decision or action of the government is a
dangerous situation for a healthy democracy. After the Pulwama incident, it can
not be prudent to become a puppet in the hands of Pakistan and questioning
the "surgical strike" in Pakistan by Indian forces. Some
opposition parties had also expressed doubts about the government's
involvement in the terrorist attack on security forces in Pulwama. What could
be more embarrassing for the opposition?
Whenever a law is passed in
both houses of Parliament then it is the constitutional
responsibility of the state governments to implement it in the states. But just
to create confusion in the country, some Non-BJP
governments declare for not implementing the
"Citizenship Amendment Bill" in their respective state. Even before
this, the West Bengal government and Andhra Pradesh government banning the
Central Bureau of Investigation "CBI" from entering and investigating
in their state, what else would be called anarchy? Later these parties will be
seen doing "Save Constitution Rally". This brings out the double
character of these parties and the public stops taking these parties seriously.
In a democracy, the people of
the country does the work of putting any person or party on the throne of power.
If Prime Minister Narendra Modi is in power, then the people of the country
have chosen him. He should be allowed to work for the next
five years. If an issue comes up, then the opposition also
has the right to protest. But spreading chaos in the name of "Right to protest" is not the right tradition.
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