is socialism irrelevant to indian scenario?if so why?

Answer 1

socialism in the strict sense is becoming more and more irrelevant in any scenario especially since the advent of information technology where freedom becomes a more valuable component of world society.. the decline of communist regimes across the globe is a testament to this

Answer 2

Taking Indian scenario, Socialism was very much essential immediatelly after Independence, since the gap between the rich and the poor were so wide. Wherever, this gap is at its highest, automatically communism will find its place with all its censorship of everything, prevention of basic rights of individuals etc., as have nots will be vociferous and will all their might to over\come their misery.
A wise solution at that time, to have socialism without curbing the rights of people qand having an orderly way to redistribute wealth peacefully, When all the basic needs have been met with majority of the population, and the purchasing power of individuals have increased as a percentage basis of your population,competition in business has to be allowed to have development and improvement all around. The indian scenario was a success in this respect and China had to come out of their communism to do the same.
Underdeveloped countries have to follow this example of controlled economic system until the systme can bear competition. Even those capitalistic countries who talk about free enterprises from their rooftops and talk about unrestricted trade, control the imports to support their own products and Industry.
Once again, the present indian scenario does not require socialism but trade practices should be with restrictions where required.
VR

Answer 3

In socialism government controls almost every thing. This experiment failed miserably. Though the UPA Government would not admit most of the public sector undertaking's are utter failures and loss makers. The society is paying for no production

Answer 4

All happening is going to downfall, what ever they do. It is just need of natural distruction and collapses of human life (to less population) so that human being will act with love, peace, regards with each other and will get happiness when they help each other.
All these partism is cause of downfall now. Above question is not of satisfaction. Every human being wants health, wealth, happiness, regard, popularity, good relation, boundless, authority towards righteous actions, not for viceous action. The question fails somewhere that does vicious actions for someone elsewhere.

Answer 5

There is no socialism even in China. What is prevalent is pragmatism. A Central polity, with a lot of private initiative.

Answer 6

ISSA MUSSA