The disequilibrium of the balance of payment and the resulting economic depressions and financial crises result from the conflict between the function of trade and the purpose of those carrying it on. [...] The experience of this abuse of a necessary economic function justifies the demand for the abolition of the private ownership of the means of exchange of commodities as well as of their production. [...] Because the alternative will be to lower the already low (below subsistence level) standard of living of the people to satisfy the greed of the powerful minority which has got a stranglehold on the economic life of the country. [...] The dotting of the i's and cutting of the t's will he done in hasiness talks which will follow the " good-will mission." The Indian leader has won the good-will of the would-be Amrican benefactors. [...] 4. We consider the dualism usually formulated between matrialism and spiritualism and the identification of the one with the West and of the other with the East to be unsound.
- Pages
- 12
- Published in
- India
- SARF Document ID
- sarf.120177
Segment | Pages | Author | Actions |
---|---|---|---|
The Radical Humanist Formerly Independent India - Organ of the Radical Humanist Movement November 20 1949
|
557-568 | M.N. Roy | view |