Continues
from previous post –
At present, most
economic policies of developed countries are deeply influenced by
these theories of economics. Repeated depressions and inflations are
two side effects of this economic theory. However, as most political
powers benefit by this category, nobody wants to oppose it. At
present, most economic and political activities are controlled by
people from this category. In India however so far, "Real
economic group" was getting importance until 1990. Only after
1990 American economic experts began to force Indian economy to
divert to this category and ever since, we see effects of inflations
and depression taking place in India also. People may remember when
American economists were forcing their theories on India, some
stalwarts from original school of economics were trying to oppose it
but they could not stand before these aggressive gambler groups. Then
PM Manmohan Singh readily yielded to American aggression. Prior to
this, we in India never had any depressions or inflations. Under
influence of this group, investment markets such as stock exchange
was converted to speculation market. All economic activities are
infused with speculative activities. If we want to stop this
dangerous influence, we must learn the falsity of different theories
this category want to impose on world economy. Unfortunately, their
phony economic theories are taught in our universities and that is
the real trouble. Their economic theory marginalizes middle class and
neglects poor class. It helps only neo-rich class. Businesspersons of
this category develop parasitic economy that feeds on real economy of
the country and degenerate it. One of the reasons for depression and
inflation in economy is this category. We should not allow people of
this category to have upper hand in our economy. Due to continuous
effect of this, wrong ideology rich become more rich and poor more
poor; middle class is almost removed from the scene.
Therefore, we
should be careful in accepting their theories and explanation on
different economic activities. This group, I am calling, in this
article "gambler group" since all the members of this group
show, gambling attitude.
Continues in next
post –
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