The capitalist response
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by Maxi Tippkick Maximillian
Well hello everyone,Parth here.In one of my previous article their was a lot of debate over globalization of the eIndian market.Many people from socialist parties said that it would not benefit eIndia and only make us the losers.Well here is my question.
Can India build a market that can support our expenditures on this economy
What is riskier building a market on just one region bonus or open the industries to everyone for more government revenue?
There are 2 ways of going about this.The indivisual growth way or the government growth way.The indivisual way says that this would destroy Indian companies because the foreign supplier will have an upper hand in bonuses.If the foreigner has a lot of money it is probable he will create a high paying job.The higher paying the job the higher the income tax.You see any person who owns a company needs money.If he can compete with foreign industries then good for him but even if he doesn't he could get a job in the company of the foreigner and build a better company.If the foreign We live in a global economy.Isolating ourselves from outer business will only make it worse.We have to face the facts.It is too risky to invest money in building a privatized market.Even if we do then who will buy it.If the public of India is not at war,they won't buy weapons but there will always be other countries at war.We cannot just let this issue slide by.We have to address it.
Jai Hind
Jai Hind
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1st
DPI believes in strong domestic market and consumption.
Interesting thoughts, how do we make a privatised and global market anyway? When currency is common around the game world, anyone will go on to whichever nation offers the cheapest goods.
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parth get basics right.
Firstly using market permit one can only sell goods in the India, they can't set up a company in India neither can they offer jobs in India. In order to set up a company in India and offer jobs, the owner of the foreign company has to get Indian CS. Thus he or she eventually becomes an Indian Citizen and all indian laws, provisions, demerits then apply to the foreign company.
Secondly on an individual level anyone can apply for a job in any country in the world.
So NO. Lowering taxes won't bring in additional tax income to the country and neither would it increase the Indian salary.
Sorry but erepublik's economy module is kind of socialist in itself. If you want a capitalist approach either write to the game admins or go to itrade on irc. And sorry to tell you, trading over itrade doesn't help a nation by any means.
Here's a question: How do you justify the increased cost of national defence in order to pay capitalists their profits?
Fact of the matter is that communes are far more efficient for defending the country, because there is no war profiteering to be had.
For me, the hard thing is to separate my RL beliefs about government and economy from how this game works. From various discussions so far, I do not have a clear sense of the consequences of each alternative in the game. The "capitalist" and "socialist" labels are more misleading than clarifying.
please check my reply in the below comment.
Well they aren't misleading.
In terms of business+factory+job...Organizations such as itrade on irc are capitalist in nature and support free trade concept.
Whereas Communes run by various individuals, MUs, Political parties, Governments, etc. are socialist in nature.
In terms of Governance the socialist govt. sponsors and supports initiatives such as free weapon/food dispatch, etc. thus reducing the roles of MUs political parties, etc. A socialist govt. also supports the Idea of govt. funded MUs, Companies, retention programs, etc. There is little or no competition due to a bigger control of govt. over various programmes. New small producers find a greater scope to grow due to the market control.
In the capitalist form of governance the govt. rather leaves it to the MUs and political parties to compete among themselves and offer various forms of dispatch. Also most of MUs, Companies, retention programmes are free from govt. control and are owned privately. A high level competition occurs in market thus getting foreign sellers to sell their product in the country's market. The local producers and small players are affected due to this competitive environment.
There are several other aspects of these "labels" in this game.
Thanks, I will understand it all some day. 🙂