Transition towards balanced equity From the Prevailing Gross Inequality in 2018

Abstract

The first point of our highlight on inequality is have we ever turned a blind eye to inequality?
The next point is our keen concern how the country could come out of the trappings of
majoritarianism and the economic policies could be finely reformulated for the benefit of the
99% people, if not for the cent-percent of the country’s population? Thirdly why is India’s
wealth inequality growing too fast, as was investigated by Professor Prabhat Patnaik.
According to him growing wealth inequality is an inherent feature of neoliberal capitalism,
combined with primordial traces of prevailing remnant feudalism in our semi-feudal, semicolonial set up of the country.

Independence is no doubt a matter of great joy. But let us not forget that this independence
has thrown on us great responsibilities. By independence, we have lost the excuse of blaming
the British for anything going wrong. If hereafter things go wrong, we will have nobody to
blame except ourselves. There is great danger of thing going wrong. Times are fast changing.
People including our own are being moved by new ideologies. They are getting tired of
Government by the people. They are prepared to have Governments for the people and are
indifferent whether it is Government of the people and by the people. If we wish to preserve
the Constitution in which we have sought to enshrine the principle of Government of the
people, for the people and by the people, let us resolve not to be tardy in the recognition of
the evils that lie across our path and which include people to prefer Governments for the
people to Government by the people, nor to be weak in our initiative to remove them. That is
the only way to serve the country. I know of no better one think of any better.