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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: RealMuLan who wrote (50403)5/24/2004 3:42:59 PM
From: Joe S Pack  Read Replies (1) of 74559
 
I don't think you read my earlier post. It is not just those 138M SC/ST people. Most of the backward class people (another ~700M) are also economically poor. Government cannot give them money but enable them to get educated and compete with the rest. For example, there are millions of farmers who took loan and could n't pay off due to drought for the past 4 years. Government can step in and write off some of the loans, like what they do here in this country in the name of farm subsidy, to alleviate their suffering. Similarly most rural areas don't have good school and the government was trying to do build schools and give them decent basic education. However, it is not easy as there comes corruption, political favouritism etc. which eventually dilute the ultimate benefit to the poor.
I agree that any rapid change in a large society, that too involving economic equality, cannot be achieved rapidly via a slow degrading democracy like the one here in USA.


>>Democracy offers equality of economic opportunity. <<

Can you say India offers equality of economic opportunity to their 138 million Caste/untouchables?? LOL

And are you telling me that the US system offers equality of economic opportunity to everyone? go kidding yourselve!
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