- USSR (although a union of soviet "socialist" republics) was a communist country. China, Vietnam, North Korea, Cuba, etc. are communist countries. At least they love to be known by this term. European socialist economies are not socialist countries in Marxian sense.
- Amartya Sen has recently opined that Marx and Mao have not lost irrelevance yet. Prof. Sugata Basu (a professor of a great university) has expressed similar opinion.
- We need both theoreticians and theorists. We must not be critical of them. They have the ability to see the big picture if they have not been sold out sectarian politics. They use theoretical frameworks to understand the complex economies (both national and world). That's why some are Keynesians, some are neo-Keynesians, some are monetarists, and so on. Even politicians belong to one of these groups.
- Neither communism/socialism nor capitalism/free econmies have done perfectly well. Things are still evolving. Imperialism, social imperialism, globalization---all are now great subjects of debate.
- Being the CEO of a corporation and the CEO of a country are two different things. CEO of a corporation needs a narrow mission, narrow vision, and narrow goals. All have to be profit oriented. The great leader of a great country must have broad outlook.
From: Jiten Roy <jnrsr53@yahoo.com>
To: mukto-mona@yahoogroups.com
Sent: Saturday, August 20, 2011 6:44 PM
Subject: Re: [mukto-mona] An article for your review
To: mukto-mona@yahoogroups.com
Sent: Saturday, August 20, 2011 6:44 PM
Subject: Re: [mukto-mona] An article for your review
Correct me if I am wrong, Karl Marx devised the theory of Communism. This theory is too abstract to implement, like asking someone to draw a perfect straight line without a ruler. So, Lenin introduced a derivative of Communism, which is known as Socialism. I am correct? Jiten Roy
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