Shutting Down Sweat Shops isn’t Going to Help!!
One of the oldest and perhaps the most misguided myths about capitalism is the notion that businesses and factories exploit the poor. Among the various anti-capitalist propagandas being touted by the Marxists, one of the most striking is the sad image of
Tiger Versus Dragon: Will the Indian Casino Industry Overtake Macau?
Are you wondering whether the dragon can really breathe fire when it opens its mouth? You would believe it if you read about Macau’s economic growth rate. What so fantastic about the growth? Any economy can surge for a couple of quarters, or maybe even a couple of years. Asia’s
Outsourcing vs. Obama
Barack Obama, the first black President of the United States and Nobel Peace Prize Winner, cuts across an impressive figure – one that inspires many from our generation. His speeches reflect intelligence coupled with idealism. He could very well be the next
In the Name of Capitalism: All’s Not Well!!
Sarah Palin’s speech earlier this month in Indianola, Iowa tore apart Washington’s political fraternity. While it may have left her presidential aspirations in a dicey situation, her speech attacked government officials and politicos who are getting wealthy
Obama and Outsourcing
Barrack Obama is one of the most inspiring figures of our generation. He combines a majestic dignity with a deep immersion in popular culture. His speeches reflect intelligence and idealism. He is the next socialist cultural icon.
My Paid Protectors
Violent conduct on the part of policemen is a common malice. However the question to be asked is, ‘Why do I pay these people to beat me up?’
Sweat Shops
Amongst the anti-capitalist images generated by Marxists, is the image of a sweat shop full of children working hard on shoes for a big corporation like Nike. Their argument against the sweat-shop is plain; it is torture of children for the sake of large-scale profits.
Citizen and State
China has come to be synonymous with words like communism and state control. The image of China is irrevocably one of a state with complete control over its citizens. And because of this overriding power of state the image of the country is, to a large extent the image of the State.
The Commonwealth Games
It must have struck some of you; the way the media, in the middle of the commonwealth games, seemed to change its very acrimonious stance towards the government. The games went very quickly from being shame of the nation to being a cause for patriotic pride.
Construction Sight
The sight of Delhi is now the construction site. With the government scurrying around to pull off the city’s miraculous face-lift in time for the Commonwealth Games, the city has become an accumulation of construction material.
Rakesh Wadhwa. Ever since, I was a school boy, I knew India was on the wrong path. Socialism was just not what we needed to get ahead. Government controlled our travel; government controlled our ability to buy and sell; and government controlled our freedom to move our money. My life has focused on the inherent rights people have. When I was in college, I never understood, what the governments meant by their "socialistic attitude". If people are free to buy, sell and move their capital themselves without any restrictions by state, then the welfare of people is inevitable & hence the countries they live in will become wealthy.
The Bastiat Award is a journalism award, given annually by the International Policy Network, London. Bastiat Prize entries are judged on intellectual content, the persuasiveness of the language used and the type of publication in which they appear. Rakesh Wadhwa won the 3rd prize (a cash award of $1,000 and a candlestick), in 2006.
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