Thursday, September 17, 2020

India’s Long Struggle With Socialism by David C. Mulford

 India’s Long Struggle With Socialism by David C. Mulford

Excerpt: This paper on India has been included in the Hoover Institution’s important project on Socialism and Free-Market Capitalism, The Human Prosperity Project, because India represents a unique case of socialism and democracy in conflict. Following India’s birth to freedom and independence in 1947, its democracy was dominated by socialist, planned-economy policies that failed for nearly seventy years to achieve the levels of growth its people desperately needed to rise out of poverty.

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