Is it all over for the India?
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Posted on: 06-06-12 11:13:12
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Originally posted by web2000
India can launch a satellite to moon but cannot create food chain infrastructure (like Walmart)
creating a sustainable food chain infrastructure in india is also an invention
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Originally posted by BlueLobsterThe siding with soviet union held back India's progress until the 90s, because the economy was closed and socialist thinking from the Nehru dynasty prevailed. India released it potential for progress in the 90s when it opened up and aligned more with the United states. The above is a simplification specifically knowing your grasping power.
Can't really say whose grasping power is @ stake here
... what you are giving here is more & more bs without any baselines ....India was never a socialist economy but a protectionist economy ... There s a vast difference b/w the two and given your intellect , it will take you years to understand !!
India was never keen to open up but during the 1991 fiasco was forced to sign the GATT & the WTO .... something which has turned to its favor .....
Aligning with the US ... oh thats your imagination @ work the best !! ..Or may be you are trying to say some thing else and your vocabulary is failing you again .....
So why did your US not think about balance of power when going after Iraq , Afghanistan , Iran or Korea ??? so you admit that the US despite being so great has its own flaws ..Well every one has so why blame China or the USSR ??
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Fido.
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Originally posted by BlueLobsterQuote:
China has what USSR lacked and what caused its downfall .... economic strength & is fast approaching a super power status .
The question is about sustainability. The US has been a world-leader for the past couple of centuries. Let's see how long China can keep up with their communist system. If this does not change, they will be a footnote in history just like your beloved USSR.
IF --- now you are doing better .... IF is a very big word in almost all your arguments ... IF this happens ... IF China fails ... who knows whether that happens or not ... So all your assumptions are best speculations as I have already said .....
What IF that does not happen ??? Would you take your words back then ???
Wait and watch ......
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Fido.
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Originally posted by Fido
Can't really say whose grasping power is @ stake here
India was never a socialist economy but a protectionist economy ... There s a vast difference b/w the two and given your intellect , it will take you years to understand !!
Let's see. Writing issues, reading issues...where do we begin with you. I said "Socialist thinking"...
Here's Wikipedia information on that, since you're attached to it. Read the "life and career" section.
http://en.wikipedia.org/wiki/Jawaharlal_Nehru
So proven again, you don't know how to read, no speculation there.
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India was never keen to open up but during the 1991 fiasco was forced to sign the GATT & the WTO .... something which has turned to its favor .....
Aligning with the US ... oh thats your imagination @ work the best !! ..Or may be you are trying to say some thing else and your vocabulary is failing you again .....
Oh yeah, let me guess. The booming IT sector in the 90s that fueled the economy grew because of the USSR.
I'm sure it happened in your imaginary world. Hey, in a parallel dimension, the USSR may still exist.You've so clearly lost the plot but hey, keep trying. Einstein's had a definition for you about trying the same thing over and over again.
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So why did your US not think about balance of power when going after Iraq , Afghanistan , Iran or Korea ??? so you admit that the US despite being so great has its own flaws ..Well every one has so why blame China or the USSR ??
Again, reading difficulty. I said a few pages back that the US has its flaws. And who's "blaming" China and USSR? Do you deny the USSR has collapsed?
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IF --- now you are doing better .... IF is a very big word in almost all your arguments ... IF this happens ... IF China fails ... who knows whether that happens or not ... So all your assumptions are best speculations as I have already said .....
What IF that does not happen ??? Would you take your words back then ???
huh? We're talking about the future here. Can you enlighten us with your 100% certain theory?
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Are you there?
Quote:
Originally posted by Fido
Can't really say whose grasping power is @ stake here
India was never a socialist economy but a protectionist economy ... There s a vast difference b/w the two and given your intellect , it will take you years to understand !!
See article in Wikipedia on socialism. Some big words here for you, so I'll simply cut and paste the India piece
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India
Main article: Economy of India
After gaining independence from Britain, India adopted a broadly socialist-inspired approach to economic growth. Like other countries with a democratic transition to a mixed economy, it did not abolish private property in capital. India proceeded by nationalizing various large privately run firms, creating state-owned enterprises and redistributing income through progressive taxation in a manner similar to social democratic Western European nations than to planned economies such as the USSR or China. Today India is often characterized as having a free-market economy that combines economic planning with the free-market. It did however adopt a very firm focus on national planning with a series of broad Five-Year Plans
Your move
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Are you there?
Quote:
Originally posted by word
Quote:
Originally posted by web2000
India can launch a satellite to moon but cannot create food chain infrastructure (like Walmart)
creating a sustainable food chain infrastructure in india is also an invention
I think invention is not a good word I used. Invention is something which nobody knows in the world.
I would say implementing Walmart like infrastructure which is well known and adopted by many countries. Good point will be if Indian company can build that infrastructure rather than inviting Walmart to do the job.
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Originally posted by ashedfc
True, like they did it for mobile technology (& the usage exploded, so much so, that keeping 2 cellphones is in fashion now).
.... and both these cellphones are made by international companies who were allowed into Indian domestic market.
The point is all the growth we have seen is after we have opened different sectors to international players in India.
Indians wasted the 90 debating about "swadeshi" nonsense while the Chinese openly welcomed foreign investment ..... in the end it is the chinese who benfitted the most.
FYI .... Walmart has been in China since the late 90's ..... and you still see mom /pop stores in China .....
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