Thursday, October 16, 2008

But one may see!

Kiran Karnik says that “we may soon see a socialist US and a capitalist India! If so, hopefully India will espouse compassionate capitalism: a new, humane, non-exploitative and fraternal mutant of the greed-driven model that has brought about the present crisis”.

But the question of possibility is the biggest man of this year US president election and hopefully this or next year general election in India.

It is also equally important that whether the people of US and India ready to exchange the Socialism and Capitalism through the rule of election? If that is the case then India will be better off if it imports more (which we can’t produce cheaper) and US will be equally better off when it produces more goods and services.

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