Western Economies V/S Indian Traditions

It's right time when the world is fighting to come out of Corona pandemic and crippling economies. When every country is finding a way out to strengthen its economy but without production it is difficult to recover to get back on its track.

The western world mainly depends upon consumerism. They want to attract consumers to get their produce. They create another product to complement and supplement each other. The chain goes on until the next Technology to create a new chain. 

That's the truth of modern

and western economy.  They

create a problem then they try to rectify it with another and a vicious circle of problems  

That's known as consumerism.

On the contrary Indians if follow their trad ions and culture and promote their festivals and traditions well. That will be enough to circulate money in the nation.

It's quite a different way of seeing your society's needs and peeping into the smallest and minute things which may revolve your money into the right direction. What happened to globalization and free trade, after initial success it fell like a vessel telling everyone it's failure. So western theories of Capitalism as well as Communism both have failed . It's right time to tell the world about Indian values of economics to enhance the world economy and also every nation's economy.

USA and European Union those who follow capitalism joined hands together but still it is difficult for them to boost up. So they present one theory one day and another on the second day. Keynes to Globalization stayed for few years but bear no long lasting fruit. Similarly communism was a craze in twentieth century. Slowly and steadily it lost its shine when USSR failed and Carbachol declared all the states free to get independence. All Eastern European countries followed capitalism soon after. There are many countries who are looking for another options. Neo Indians attract towards western culture and free lifestyles with handsome salaries because you get more and more consumers in India than any other part of the world. 

On the other hand our traditional way of celebrating our festivals and other day to day activities create more opportunities for trade and production. As the season changes the festivals and needs also changes with the change of the season. When our PM ask for Vocal for Local, he is right and why to go out when you have the greatest market of the world . So be kind enough to work hard to produce more and innovate for Indian Markey rather than looking towards the western world.

                                              Rajesh 'Lalit'