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Until a few months back I had very bad views on communism. After seeing seeing the preset developments in the global economy I am having second thoughts now. The reason for changing my minds were – 1) In the present global downturn, Indian banks and financial institutions have weathered the financial storm. This is thanks to the the govt controlled and regulated banking system in India. This has helped absorb the strains. 2) Tata-AIG is an Isurance agency , with AIG having23% stake. The Govt wanted to increase the FDI cap to 50%, the communists being part of the Govt, oppsed it and the "reform"did not happen. If the The reformed had gone on to see the light of day, TATA-AIG would have been in soup. 3) Devlopment in Kerala. Kerala a state in India, were the communists for the first time elected democratically in the world.The social development is really good, has 100% literacy, life expecteancy is 80+ years, has 1024:1000 women to man sex ratio. 4) China – Forget about tall rising buildings, China can show good figures in agricultural sector. many scientific methods have been implemented, and has better land to produce ratio than US.Living standerd of farmers is higher than compared to india. 5) they could bring about job security!!
on the flip side, Communists are against religion, and can be very opperessive. In india they are natorious for thier "striks"(industrial lock downs). Party officials becomre richer and people in general poorer. Now the question are communists a necessary evil?
PLEASE KEEP IN MIND
This is not about one party repressive "communist" style functioning that functioned in Russia. Please Keep religion off this discussion Disclaimer : I am not a communist.
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