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Essay / The Solution to Poverty in India: Socialism or Capitalism
Poverty is a truth of reality that has existed since the dawn of man, a constant and disappointing reality of life. In fact, the vast majority of people on the planet live in poverty, and only a select few run the world. In the past, many have blamed the existence of poverty on the capitalist economic system and would prefer an alternative such as socialism/communism. However, Marxism has failed in all countries, without exception, where its disastrous ideologies have taken root, and even the idea that further implementation of the disastrous ideology throughout the world would solve everything is at once arrogant and childish. There is a clear way to improve the lives of the countless people suffering from extreme poverty, both in India and abroad: the full and unfailing implementation of free market capitalism, which in India could not be as the result of the complete suppression of the persistent existence of the caste system, the reform of the judicial system and the complete eradication of corruption within government administrations. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Global poverty, contrary to popular assertions, can be solved, and there is a simple solution. Complete, complete, pure free market capitalism, unhindered by social or political hierarchies contrary to capitalism, and preventing those who attempt to rise in society from doing so. A key factor that still prevents India from eliminating poverty today is the persistence of a centuries-old caste system that has existed in India for centuries and has hampered its ability to uplift the poor. The caste system almost always defines a person's economic place in society and their economic future. The caste system is officially illegal in India, but the law is insufficiently enforced, which has greatly damaged the economy. However, in other countries, it is not the caste system that restricts them, but rather socialism. However, the case of India is distinct. Socialism has hampered the economies of countless nations; in India, the caste system. In true capitalism, as in the United States, everyone has an equal opportunity, not an equal outcome. Capitalism allows for economic mobility, which is limited by the existence of a caste system in India, but people continue to boldly blame India's economic failures on capitalism. More recently, the Indian economy has been relatively prosperous, thanks to the implementation of more capitalist policies and the suppression of the caste system. For example, in India, the number of people considered to be in extreme poverty has fallen dramatically, from over 300,000,000 to only around 70 million today. This shows how policies moving more towards capitalism are now being implemented and how other policies like this could easily continue to help the Indian economy, as well as economies around the world. However, it is not just the caste system and the lack of true market capitalism that is hampering the economy. The restricted economy cannot prosper as long as the caste system continues to exist in India. Another major problem that we can see all over the world: in many very poor countries, the judicial system is often biased. Not only do the justice systems in these countries favor those in power and those with economic power, hindering the ability of poor communities to rise up, but they also often turn a blind eye to other issues thatharm the economy, such as rampant crime, and the flow of drugs, human trafficking, and sex trafficking that continue to plague these nations today. For example, in the book Behind the Beautiful Forevers, Abdul, the protagonist, is wrongly accused of burning down the house of his neighbor, Fatima, and he is prosecuted for it. This is just one example of the incompetence and incapacity of the justice system in India, which can be seen similarly in poorer countries. The justice system in India, as well as in many poorer and impoverished countries, cannot function properly and is often unfortunately incapable of stopping crime, while at the same time many justice officials accept bribes not only from corrupt politicians, but also from political leaders. sometimes drug cartels, gangs, etc. However, the extent to which the justice system has failed depends on the nation. The justice systems of many so-called "third world" countries can often be compared to the economies of advanced countries, and it is clear that the justice systems of third world countries often mirror the economies of the countries. Judicial systems can be considered often inadequate and insufficient. This is a common trend all over the world, especially in economically poorer countries. Incompetent justice systems can lead to more widespread corruption, drug trafficking, sex trafficking, theft, theft, and more. Yet, speaking of corruption, corruption is yet another major problem hindering the development of countless poor nations. Additionally, another major problem plaguing many third countries around the world is blatant and endemic corruption. For example, as seen in Behind the Beautiful Forevers, government officials often take bribes, as seen with Asha, who uses her power as an official to influence the slum, and she has many relationships with those higher up to progress, when in reality, progression must come through merit, not corruption and scandal. This is a very accurate reflection of what is actually happening in India and many poor and impoverished countries. Corruption is completely rampant and it elevates the wrong people, leading to poor leadership and a failing economy, while restricting those who wish to elevate themselves. in terms of the economy to get back up. Corruption, along with the caste system and an incompetent judiciary, have played a key role in hindering the progress of the Indian economy. It is fundamental to the progress and progress of the Indian nation, as well as all the poor countries of the world, from El Salvador to Zimbabwe, that corruption be completely eliminated. Corruption is one of the biggest problems facing the world today, and it is essential to get rid of it and for the government to crack down on corruption in general. Corruption is still rampant and thriving in India today. Corruption remains a major problem in India, significantly hampering its potential. According to Forbes, India remains one of the most corrupt countries on the planet and is considered "highly corrupt", with a score of 43 on the Corruption Perceptions Index, making it extremely corrupt (Desai , Rodak). This shows how extremely corrupt India is, and it shows the reality and seriousness of the major problem of corruption in India. It is necessary for India to cleanse itself of this corruption if the nation ever seeks to progress. Corruption is one of the most powerful obstacles to economic wealth, as is.