Q.3 How liberal economic policies and growing inequalities leads to social problems? Suggest the way forward. (10 Marks)

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https://www.thehindu.com/opinion/op-ed/liberal-economics-creates-illiberal-societies/article38268676.ece
In the intro, mention rising inequality in India.
In the body, mention economic policies such as globalisation and privatisation failed to achieve equity and resulted in social distress and the emergence of authoritarian governments. In the suggestions mention the need for democratic socialism.
Conclude by mentioning that human rights must not be overpowered by property rights. A new form of “Gandhian” democratic socialism, powered by cooperative economic enterprises, is required in the 21st century.

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2 responses to “Q.3 How liberal economic policies and growing inequalities leads to social problems? Suggest the way forward. (10 Marks)”

Alka Poddar

Razor Id-le7g8rZjJGeMT5

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