On Maoism, Barun Mitra's WSJ column to which I referred to yesterday has been published by Mint today, here. The title: "Pull the land issue from under the Maoists." Precisely! But that means we need a State that upholds and protects Private Property - which is a Capitalist State. Further, that means the Adivasis should be seen as "good guys" fighting for their Property, and the current establishment, including their State Police, as the "bad buys," hell-bent on usurping Property. That is, as I had earlier said:
This is a Crisis of Legitimacy.
However, the newspapers and television are all worked up about a total non-issue: the scandal at IPL. There are many "socialist pigs" calling for the nationalization of IPL. What is even worse is that the Income Tax Department has been conducting "raids" on IPL offices, in a manner reminiscent of those totalitarian times when socialist pigs ruled the roost.
Perhaps the ruse in the media spin is to portray the private sector as corrupt. This should not be allowed to succeed. Politicians get "free equity" because they, and not the private player, are corrupt.
Further, the Income Tax Department is worse than the State Police, who at least perform some useful functions. The IT Deptt. is but a band of tax parasites. In a kleptocracy, there is little point paying taxes. All these taxes the IT Deptt. steals from us are our Capital that goes into the Total Chacha State's "consumption": precious Capital is destroyed. And there is more.
As Ludwig von Mises always pointed out, "progressive taxation" of the kind the IT Deptt. imposes go against the interests of poor workers. If Capital is not taxed, then it gets invested, and workers' wages rise. Chacha is screwing the poor with this parasitical IT Deptt. They should be seen as less legitimate than even the State Police.
There are three aspects to the science of Economics:
Economic theory
Economic policy
Public finance
And Chacha Manmohan S Gandhi gets a "zero" on all three.
And he faces a crisis of legitimacy.
That should be the news.
I understand what you mean. Just as Nero played his ridiculous music while Rome burnt, deluded Indians are playing cricket while the rural areas are in grip of violence.
ReplyDeleteThere is nothing that can be done. We have become like the the Roman elite in time of Nero. This country is never going to learn. I give up...
AV