2.17 - India Escapes Collapse (Commanding Heights Sample)



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Commanding Heights: The Battle for the World Economy
Watching Russia go down
Bankruptcy ahead
Turning against the party
Ending the Permit Raj
Watch all of Commanding Heights at PBS.org
http://www.pbs.org/wgbh/commandingheights/hi/story/index.html


Tags for this video: Central Collapse Commanding Communism Economics Heights India Manmohan of Planning Singh Socialism

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Every nation has a ... ( 1 year ago by pm2324)
Every nation has a system that is best suited for it. That is why China produces everything that is sold in America except Sex!
Array ( 1 year ago by jackson32)
pm2324
About China, it's laughable how uninformed you are. China is one of the least regulated markets in the world. And that is a good thing. Independent monetary policy? The Chinese have raging inflation, much higher than in the west, this is a big weakness, not a strength. And they made a mistake in taking on so many US dollars which they will end up getting only a fraction of the value back.
Array ( 1 year ago by jackson32)
pm2324
I used the US, Canada and Hong Kong, to show what has happened in countries that have had a relatively free-market for a while so as to illustrate how those countries turned out. China particularly, now has more economic freedom than either the US or Canada. That is why their growth rate is much higher. The only way for a society to prosper is for the government to get out of the way with less taxes, less spending, less regulations and bad laws.
Array ( 1 year ago by jackson32)
pm2324
India per capita GNP is only about $4000. The poverty line in the US is around $15000 so you are wrong again. They may be hard working and skilled, and they are going in the right direction, it's just that wealth and capital build up does not happen overnight. The middle class in India is not financially secure, not in any sense we are used to, you don't what your talking about.
Wrong. Their ... ( 1 year ago by pm2324)
Wrong. Their domestic markets are poorly regulated as they are nascent. That is not to say their domestic economy is not well regulated. It is heavily regulated. Chinese "raging" inflation is something Western media likes to cook up. China's inflation has been nearly steady with 12% GDP growth, which is frankly impossible. This is done through economic regulations/restrictions . Go read up some basic facts before you make your case, otherwise you sound foolish.
Again, you are ... ( 1 year ago by pm2324)
Again, you are naive. Do you think the Chinese govt spends less and has less regulation ? How do you think the remnibi is held at the same rate for over 20 years ? How do chinese companies sell their goods below (even their) production costs ? How does china maintain 4-odd percent of inflation while continually sustaining over 10% growth for the last 6 years?These defy economics. There is undeniably regulation, even a freshman econ under-grad would know this!
Yeah and like you ... ( 1 year ago by pm2324)
Yeah and like you do?Give me a break!First its stupid comparing GNP in $ terms.Second, PPP wise they are 4th in the world, so that's saying something again. Thirdly, of 300 million indians who are better educated and can work for cheaper than us here come from a population of 1.3 'B'illion people. So the middle class saves more, (statistical fact, look it up!) and thus Indian companies are able to buy comapnies twice as big as them{Corus Steel}.
Plus, India leads ... ( 1 year ago by pm2324)
Plus, India leads asia in the number of billinairs it has, as per forbes asia lists, making a total net capital worth over $90 billion outpacing Japan. Do I really need to waste more time educating you ? I dont think so?
Array ( 1 year ago by jackson32)
pm2324
Oh now I see, your one of these people who have been brainwashed for what passes as economics in our brainwashing schools. Let me ask you some questions. Are you a Keynesian? Do you believe government should be involved in the economy because the free-market is flawed? Have you ever even heard of Austrian economics? It will be a pleasure for me to see you show your ignorance.
So you've picked up ... ( 1 year ago by pm2324)
So you've picked up a few names good for you, now maybe a couple of years worth of study and then we can have a reasonable discussion, until then - good luck, you'll need it!
Your afraid to ... ( 1 year ago by jackson32)
Your afraid to debate me because you don't have the facts on your side. I consider this debate a complete rout, your just another product of the government indoctrination schools, your not intelligent enough to see through all the lies you've been told.
The chinese give ... ( 1 year ago by gizmosells)
The chinese give producers rebate to exporters to sell goods below production cost, and keep the yaun fixed between exchange rate ensure a hidden traiff on foriegn goods. Its never as freemarket as people think your comment is correct
disastorous human ... ( 1 year ago by khanay)
disastorous human rights in india ...lower caste hindus are treated like an animal.. the only reason india is booming is cz of those greedy bastard corporations in america who would ttry to explot cheap labors.. i see the indians as robots or slaves working for the americans now as was the case before the independent from britain. wht good does a booming economy do if millions of people in india are still starved to death and sleep on the streets of bombay and elswhere.
The simple fact of ... ( 1 year ago by jackson32)
The simple fact of the matter is that India is slowly becoming more free market oriented, and this is raising the standard of living of the average indian, and this is nothing but a positive development. And it is not possible for the average standard of living to rise without it helping the poor. In all advanced countries the poor are better off. It is because of people like you that countries like India have been poor so long.
sahi kehte ho bhai, ... ( 11 months ago by bhallumogli)
sahi kehte ho bhai, that what is the argument about ? Booming for whom. if you see even people cannot have proper access to health and hygeine, Booming.. Bullshit it will always be a place to eat for americans and rest of the west. Indian are no more than just idiots who dont fucking understand. I was in India sometime ago,Man fuck.. Its just so superficial. Low caste, untouchability, illiteracy, poor hygeine, education and awareness both ecological and public will never make India to the top.
governments should ... ( 10 months ago by pogularocky)
governments should be the policemen of the free market... nothing more, nothing less... just act when needed and don't finger the economy too much either... keep tabs and hold bigshots accountable... so that we don't get another harshad mehta... India is well on this path and just wait and see how we improve over the next 10 years... I hope Congress doesn't mess it up... they have the right formula as of now
what a great ... ( 8 months ago by manjotgrewal81)
what a great contribution, Dr Manmohan singh has brought to india. Thank you!
It is evident that ... ( 8 months ago by arnair81)
It is evident that khanay and bhallumogli are paki assholes who have nothing better to do.I respect that Dr Singh introduced this concept that has totally revitalized India's economy.
chup oye fudu, we ... ( 7 months ago by varinder1979)
chup oye fudu, we dont need to learn from a paki, whats better for us or not
I see some ... ( 4 months ago by pvksravan007)
I see some commanting poverty is not reduced at all it is not true . India's is growing at 8-9% in G.D.P figures .but decline in poverty is only 1%-2% that not a bad number(Dr singh is tring to achive 3% poverty reduction every year) if you take over all 1/3 people are poor it will take another 20-25 years to address these issues(but Dr singh want to achive this by 2020-2025 less than 10 to 15 years).
go back to your ... ( 3 months ago by mohammedisapedo)
go back to your bankrupt country that survives on hand outs just like you pakis in england live on benifits.You nothing but vermin on the world
dream on buddies... ... ( 3 months ago by billy852007)
dream on buddies...but as soon as it equals the other western nations ..it will be bombed back to the rams period
paki suaar! ( 2 months ago by abhi513020)
paki suaar!
lol ( 1 day ago by lokesh20000)
lol



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