India needs Communism

[Inquilabzindabad]

In the wake of demonetisation ,we find the worst sufferers of this plastic drive as the proletariats.No notable goodness can be found in this act .You can't uproot the strong foothold of black economy unless you yourself attain that level of cleanliness.

[The Garbage Disposal Unit]

Hey effdub,
I think this post is really interesting, but for those of us unfamiliar with what's up in India, could you clarify and offer some background + analysis?
I'm going assume that the Indian government it's attempting to move away from cash toward "digital money" as a way to attack the black/grey market, and discipline the "unruly" sectors of the Indian economy? Something like that?
I'm v. curious, and hope you can take a minute to clarify.

Thanks!

[TomLeftist]

Indeed, India needs communism as a medicine for the cancer of their economic model, which is lots of money concentrated in a very small minority. It needs communism as a solution to the suffering, pain and sadness of the majority of indians caused by their political system of a few living in a super-luxury life, while the many living a hell of pain

PS: Africa and many other poor countries need communism, not tomorrow, not next year. But right now as soon as possible


In the wake of demonetisation ,we find the worst sufferers of this plastic drive as the proletariats.No notable goodness can be found in this act .You can't uproot the strong foothold of black economy unless you yourself attain that level of cleanliness.

[Sinister Cultural Marxist]

Hey effdub,
I think this post is really interesting, but for those of us unfamiliar with what's up in India, could you clarify and offer some background + analysis?
I'm going assume that the Indian government it's attempting to move away from cash toward "digital money" as a way to attack the black/grey market, and discipline the "unruly" sectors of the Indian economy? Something like that?
I'm v. curious, and hope you can take a minute to clarify.

Thanks!

I think he is referring to two sets of related policies - first the Modi government decided to remove the most common bill from the marketplace and no longer recognize it as legal tender (I think it was the 500 rupee bill), then he is pushing industry to adopt electronic payment for employees and for transactions, and to generally encourage all Indians to get a bank account. This, of course, is a disaster for Indians who depend on a cash economy and may not have easy access to financial infrastructure.

That said don't we all need communism? :P

[Inquilabzindabad]

Exactly friends you re right you are.Tom, Sinister and GDunit .Thanks for noticing and following this thread of mines and better to say, I convey the unanimous voice of Indian Marxists through this conduit.
Modi is growing more and more capital-centric gradually.Our GNP and GDP was ailing ever since our MUSSOLINI to shorten it ,Modi came to power with a resounding never before seen majority.Modi is battling against his so regarded dishonests of his nation take it it for Jews sarcastically and the World War in a way similar to Mussolini as he did preceding his nemesis in Italy in order to subvert the nation's attention from some intricate and very delicate but important internal factors of the nation.

The question comes at this point


How could a cashless drive relieve the cashless and ailing proletarians*?

In* the light of this present cashless scenario, I feel that no such benefit has reached out to those who really were in need of it. It proves the myth ,one who's the poorer is always the sufferer. OUR HONOURABLE PRIME MINISTER had during his* campaigns , promised to put Rs 15 lakh into every* Indian's pocket but, what all has ensued ever since , are totally antagonistic on the face of his rhetorical* assurances and assertions . I really feel chagrined about the present situation ,which strains the means of livelihood of the proletarians .The problems faced by the working class ,is only palpable to those who are braving the brunts of it .Now, the most important question that hovers over this entire abstract idea of demonetisation is whether the centre was really concerned about those* proletarians or not ? , whose rights to earn a bare living and having access to their legitimate** hard-earned money remains crushed under the hasty stampede of decision-making. Were adequate arrangements made to face* the forthcoming repercussions of turning the whole idea behind demonetisation into action or was it simply left to its fate?
I believe that this whole plan could have been streamlined with a little more effort and concern with regard to those who would have to suffer for its sake and this would not in any way defeat or harm its purpose.* The demonetisation, certainly had come as a bolt from the blue right from ground zero, but presently, it seems to accentuate the problems faced by the poor labourers and even the common man,* who has to go through immense troubles and a tiresome process of standing behind long queues even to draw his salary , or to swap his legitimate money .For a person leading a hand to mouth existence or a daily wage earner, just to eke out a bare living and make both ends meet is becoming more difficult, cause the demonetisation is gradually rendering countless labourers jobless and the worst thing is that they were employed previously . Could* this cashless drive
help to solve the problems arising out of this aberration and find a solution to the agonies of the innocent and struggling proletarians ?Just* for the sake of bloting out the black specks from the countenance of our economy, which seems bleak in terms of its possibilities ,should all suffer . Was it a right move to put someone's bread and butter at stake to further one's own ideologies ,be it whatsoever? For how long are these hapless people going to play the part of mute sufferers and act as a dice at the hand of decision-makers?Even after thirty days ,we are in a muddled state as to who's answerable for all that. How will a cashless drive relieve the ailing proletarians of their miseries ,arising from the onslaught of* Demonetisation and will it be able effectively thwart the black economy after all?

***********
Some extracts taken from my write up published this month in my city's Local Fortnightly.

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Communism is the weedicide to uproot the spreading dangerous weeds of Capitalism -The highest stage of Imperialism !

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Modi and his Idiosyncrasy reflects in the form of his strange and grotesque ideology !

[Inquilabzindabad]

Tomleftist I think you pinpoint at the uneven wealth distribution between the upper bourgeoise and the lower suffering Proletarians.This is where the focus of communism lies in aiming at bridging this crevice ,to bring about a consistency in wealth distribution in the sociate this way it alleviates social suffering to a great extent.

[ckaihatsu]

How will a cashless drive relieve the ailing proletarians of their miseries ,arising from the onslaught of* Demonetisation and will it be able effectively thwart the black economy after all?


This sounds like the misuse / ruling-class-sided implementation of information technology to centralize all economic transactions into a government database, in the direction of 'sound accounting', or some such misguided top-down managerial approach to India's economy. The associated effect is that it makes much existing currency too cumbersome to use, and therefore unusable / valueless, which boosts valuations of whatever (digital) monies *are* official -- more deflation and technocratic-finance-boosting, in other words.

This can't be seen as *only* economic, since the change in currency policies is a *political* implementation, almost a *paradigm shift* in the medium of money itself. In economic terms it's practically a *retrenchment* to a strictly government-controlled 'official' currency -- as we're used to seeing historically with gold -- one that is more controllable, inflexible, non-expandable, and definitely not populist in function (people need *more* economic velocity, as from more currency in circulation, not less).

People should know that an economy needs to be *flexible* and should grow in size with the growth of the population, and more. If the *fundamentals* of an economy aren't there (lack of production to the real economy) then an increase in the money supply and general turn to informal / black sectors means that people are making-do with what's out there, in populist ways, but this move by Modi definitely *clamps down* on those activities. With a crisis of overproduction and resulting standstill in production the bourgeoisie would see any expansion in the money supply as being 'inflationary' -- aiding the informal sector with more currency notes and value in circulation there, while devaluing the worth of the whole pool of existing currency notes, which is only a concern for those who have wealth in the form of currency to begin with (wanting greater underlying value for their currency -- 'monetarism', so-to-speak, as opposed to Keynesianism).

What the growth of the informal / black economy indicates is a *breakaway* from the formal / official economy, which is in crisis and hamstrung anyway -- the advantages of largeness, as from government and finance, no longer have an impact since their whole system is stuck. Instead of trying to *resolve* the economic impasse, though, this move of economic retrenchment is a *class-political* one, to shore-up a bid to official control over the country's money supply and overall economic activity, such as it is.