Thursday, October 20, 2011

Isn't the author naive to expect

Congress will learn from the past. 

A nice piece highlighting the misplaced priorities of congress with regards to Indian growth

Some excerpts

The chaos and incoherence in government and society alike is the product of a profoundly misguided vision, one that visits and revisits India every now and then. The first phase of Indira Gandhi’s ascendancy, from 1969 to 1974, was marked with similar developments— socialist rhetoric, nationalization and, yes, anti-corruption movements. Later, in 1980, she effected a course correction. Little, it seems, has been learnt from that experience. From a Marxian vantage, a farce has been re-enacted.  

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