Samrat Bhandari

Working for a better world

Democracy and capitalism

France, Greece and UK have had first hand experience of expression of public opinion against governmental austerity measures in the recent months.
Were the steps taken earlier to avoid contagion and break up of euro, not responsible? Or were they not in public interest? Or was it merely a result of crisis of communication?

Possible areas for reflection:
A. The euro zone economies were and are behind the curve in identifying the platonic shift in the economic sub-structure;
B. That the democratic forces have only punished the establishment for failing to act timely manner
C. That the current breed of political establishment is intellectually bankrupt to identify the problem, and democratically bankrupt to garner support

Where do we go?
A. Governance should not be in the hands of populist leaders
B. Socially responsible wealth creation instead of welfare state
C. Do not penalize success by higher tax, but attract it

Democracy is giving right to people to choose WISELY!

I choose capitalism, for healthy state, for the sake of freedom.

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This entry was posted on May 7, 2012 by in wise men said.... and tagged , .

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