Wednesday, January 1, 2014

Why AAP brand of economics is unsustainable.



So everyone was joyous after an thumping victory for a rookie party called as AAP in the recent Delhi election. They not only grabbed thiry percent of vote they were on a close second position behind BJP in the election. Only place where BJP's Narendra Modi persona failed to take off. What was most resounding feature of this victory is that this is perhaps hte first party which truly represents the Aam aadmi, not that there has been no new parties in past; but they were mostly driven by a person driven cult or only faught on the basis of caste and creed.




Now that they are on the driving seat of Delhi after a suicidal step of Congress for lending them support, they do seems to be changing about how stuff works in India, from red becon to turning down the personal security covers.




However, this is only a part of story. What will make Delhi a more prosperous and economically viable and a better place to live? Is it this righteousness or a sound economic policies? If former is your answer than perhaps one need to visit Bengal. While Left ruled for 30 years, you don't see any massive corruption going on there, the leaders from late Joyi Basu to Buddadev Bhattacharjee were of impeccable integrity. Still there is a near unanimity that Left rule in Bengal nearly ruined one generation. Why? They dusted once vibrant Bengal industry by infecting it with the hartal culture. They did some good job by doing land reforms however they failed to take the notice of the fact that without impetus on industry and infrastructure the prospects of growth are very limited. Bengal failed to do it miserable, their shoddy and anti business policies coupled a complete ignorance of building a sustainable infrastructure made once the city of hope to what another author described "pile of garbage". While they spent on paying the school teachers they forgot to build new schools. While they gave free and cheap electricity, they refused to acknowledge that they will have to build new power plants to cater the growing need of people. Even if the intentions were right; they failed one of the most elated state of the country.




AAP has taken office on the plank of anti corruption making government to work with the people and not rule on them. They will off course there intentions are benign but they must not commit the same mistakes the communists done in Bengal. Kejriwal and company must not take populism as the sole base of economy otherwise, AAP will find itself in the same league of those, who will be judged by history as failed the nation and it's people.