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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (95096)4/19/2003 11:41:32 PM
From: kumar  Read Replies (1) | Respond to of 281500
 
India is an example of how people can go on voting themselves into poverty for many decades

Respectfully disagree. In 1984 I was making 500 Rupees as my monthly salary. Today, if I chose to work in India, in a city like Bombay, I would make about 500K Rupees per month and have a company paid apartment with a chauffer driven car.

BTW : US$1 is approx Indian Rupees 50.



To: Maurice Winn who wrote (95096)4/20/2003 12:17:46 AM
From: LindyBill  Read Replies (3) | Respond to of 281500
 
India threw out the British, but kept Karl Marx.

Yeah, it's a real shame that all these third world countries, right after WWII, had an small educated elite from British and European Universities.They had been taught that central planning was the way to go. The British, American, And European Elite thought so also. They liked it also because it meant they got to run things, not the local traders. So they put that type of planning on top of the poverty stricken countries they were running, and disaster ensued. They are all just now getting out of it.

And think of what could be accomplished in New Zealand if we could ever sober you people up!