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Rich should degrow so poor can prosper


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skmahendroo
DEGROWTH A MISTAKEN CONCEPT
by skmahendroo on Sep 30, 2014 08:42 PM

The theory that rich should stop growth to reduce gap between the rich & the poors is wrong.It will reduce production while increasing expenditure. the gap should be filled by accelerating growth of poors ie by increasing them training as well as opportunities of employment. The rich should contribute in this effort both as social responsibility as well as to promote their business.

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Ronit
Inefficiency cant defeat efficiency
by Ronit on Sep 28, 2014 08:03 AM

Natural law cant be changed.

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Indian Sadhu
Exactly what happened in the Bolshevik revolution in Russia/USSR
by Indian Sadhu on Sep 28, 2014 02:13 AM

The country will become communist in that case because only the state will have the capability to own and run industries. In a democracy, some people have to own and run industries so that the poor May be employed. In time, a poor man can also take up entrepreneurship to become rich. This is the only way to operate in a free society. As Steve Jobs said, it may not be your fault if you are born poor but it certainly is your fault if you die poor. Of course, the government should play its part by introducing social security and child rights and protection schemes so that all are educated at least till high school.

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abc xyz
Rich should degrow so poor can prosper
by abc xyz on Sep 27, 2014 10:10 PM  | Hide replies

Vijay Mallya set the right example

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Dastagir shaikh
Re: Rich should degrow so poor can prosper
by Dastagir shaikh on Sep 28, 2014 09:20 AM
Chaywala set the right example.

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