Letters to Editor - Growth for whom?

Dear Editorji,

One of the issues being debated in the news media these days is whether GDP grew faster when the Congress Party was in charge or when the BJP has been in charge. I believe this is a completely diversionary debate. Workers and peasants do not benefit from capitalist growth, no matter whether it is in single digits or in double digits.

Those who work hard to produce India’s wealth remain poor and many of them become poorer and more miserable year after year. Capitalist growth brings prosperity and steady expansion of wealth only for a miniscule minority of the population, headed by the Tatas, Birlas, Ambanis and other monopoly houses.

In the statement issued by the Central Committee of Communist Ghadar Party on 12th August, titled “Workers and peasants must organise to become the rulers of India!”, it has been pointed out that

“As long as the principal means of social production remain the private property of a greedy capitalist minority, economic growth is not going to fulfill the needs of the toiling majority of people. Capitalist growth cannot provide jobs for all. Capitalism cannot assure a living wage for workers. It cannot provide secure livelihood for peasants. Capitalism at its present stage can only bring repeated crises leading to widespread death and destruction of the productive forces.”

The debate between the Congress Party and BJP spokespersons about GDP growth is not only diversionary but also faulty in terms of economic theory. The rate of capitalist growth in our country is not determined solely or even mainly by the party in charge of executive power. It is determined by numerous factors including the condition of the world economy and the state of Indian investment and consumption demand.

As far as the workers, peasants and other hardworking people of our country are concerned, the issue is not to maximize GDP growth. The issue is to reorient the economy to fulfill human needs instead of fulfilling capitalist greed. The issue is not to maximize the rate of capitalist growth. The issue is to lay the foundation for a socialist economy whose growth will lead to steady and guaranteed prosperity and protection for all.

S. Udayan, Gurugram, Haryana

Tag:   

Share Everywhere

Sep 1-15 2018    Letters to Editor    Rights     2018   

PARTY DOCUMENTS

thumbnail

This document, What Kind of Party?, was presented by
Comrade Lal Singh on behalf of the Central Committee
of the Communist Ghadar Party of India to the Second
National Consultative Conference held December 29-30, 1993.

Click on the cover image to download the PDF

 

Click to Download PDFThe first part of this pamphlet is an analysis of facts and phenomena to identify and expose the real aims behind the Note Ban. The second part is devoted to a critical appraisal of the government’s claims that it will reduce inequality, corruption and terrorism. The third part is what Communist Ghadar Party believes is the real solution to these problems and the immediate program of action towards that solution.

(Click thumbnail to download PDF)

These Elections are a FarceInterview with Comrade Lal Singh, General Secretary of Communist Ghadar Party of India by Comrade Chandra Bhan, Editor of Mazdoor Ekta Lehar

(Click thumbnail to download PDF)

Manifesto 2014Unite around the program to reconstitute the Indian Republic and reorient the economy to ensure prosperity and protection for all!

(Click thumbnail to download PDF)

Click to Download PDFInterview with Comrade Lal Singh, General Secretary of Communist Ghadar Party of India

by Comrade Chandra Bhan, Editor of Mazdoor Ekta Lehar

(Click thumbnail to download PDF)

History of Ghadar PartyA Presentation of Communist Ghadar Party of India

100 years ago Ghadar Party was formed by Indians in the US.It was historic milestone in our anti-colonial struggle.

The goal of this party was to organise a revolution to liberate our motherland from British servitude and establish a free and independent India with equal rights for all. It believed this to be the necessary condition for our people to hold their heads high anywhere in the world.

(Click thumbnail to download PDF)