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Re: Sanjeev's allergy to the word 'socialism'
KS wrote:
2. As important as policy is the transition to the new state of the
political economy. There is the process of adapting the present
instituitions, policies, and programmes to suit the new policy. First, we
should forge new instituitions, policies, and programmes that serve the
objectives of both efficiency and equity - these represent missed
opprotunites of a nation which is pulling itself up by the bootstraps.
I agree with KS that this is a very important aspect of a successful policy
shift. Shouldn't we brainstorm this issue as well?
Antony
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