Re: Great example what free market can do to our economy..
by Abhi Bhat on Aug 27, 2010 05:11 PM
I dont know what is your qualification level..but here is the right comparison: a Free MKT is like Windows OS a Govt controlled Mkt is like Unix Why? Becos Govt controlled Mkt gives equal oppurtunity to all sectors. And Free MKT gives opportunity based on need want wealth. Need is fine but Want and Wealth will end up giving undesired priority to some particular sectors. E.g. if I have huge wealth and want to collect candles..then wax makers will make hay and lamp makers in same place will starve, even though average people may "need" lamp as much as they "need" candle. So yea..free market is not a free lunch.
Who says Indian's are not innovators and just good in providing serviced products. Innovation gets subdued by indian administtration because they are busy solving their own problems or making money. cheers to Rediff news makers who are highlighting such articles and motivating people who are actually innovators solving dire issues pertaining to Environment. Kudos!!!
This is the fallacy. Genuine entrepreneurs and innovators in this country is always neglected. Govenrment officials?? Are the qualified and prudent enough to understandm what this machine can hold for us tomorrow?
Had this spirit of elimination of real problems be here in MANY TOP OFFICIALS M P s included , many problems for the common citizen would go !
But the thougts are channelised for crruption techniques ! And those people wont allow real problem analysers to creep in! Hari Prasad has been arrested ! Thats a reward for GENUINE THINKER!
You are really our inspiration to do similer work.You are welcome for any help and assistance. We and our country proud people like you..Hats off to SIMPLE LIVING HIGH THINKING. It's slap to our politician and rusted system,who are ignoring such and many more hidden JEMS.