freediver wrote on Jan 31
st, 2022 at 1:49pm:
You misunderstand the criticism.
But the fact remains.
Quote:You like to single them out. Why? Something to do with the subcontinent thing?
I simply draw the comparison between the hide-bound ideology - a mishmash of backward religious ideology and adversarial 'democratic' politics in India, with a forward looking socialist China which has increased its per capita wealth 5 times as much as India in the last 4 decades.
Quote:Do you understand why people might criticise the policy?
Of course.
Quote:Is drowning female babies at birth in a bucket of water pragmatic?
In a poverty ravaged nation, yes.
Quote:Economic growth does not have to mean more resource consumption.
It does to mainstream flat-earth economic ideologues... as if Oz needs to continually grow its population to achieve rising living standards.
Quote:But there are plenty of resources that are in all practical respects, infinite.
Agreed, so you will be able to understand the basic tenet of MMT, namely, the nation's constraint is
resources, not money...which is always created out of thin air whether debt free by the government (as should be the case) or by private bankers who reserve the privilege for themselves, as in the current classical-economics-based monetary system.
Quote:There is more than one way to skin a cat.
There sure is, as I have drawn your attention to above.
But
unrestrained population growth in a huge subsistence population isn't one of them, if you want to lift the population out of poverty.