Sunday, January 30, 2011

STATE SPONSORED MONOPOLIES


One of the major  root cause of  Corruption, Recession, difference between
Rich and poor and various injustices  in the world  is  "MONOPOLY"

Monopolies with Merits can be tolerated ;

but states should not further sponsor monopolies
by giving gigantic incentives (land , loans, legal framework ) to corporates.

Instead state should create balance of power
by creating competition.

UN, WTO, G-8,G-20,  IMF, World Bank - all these institutes who created monopolies now can decide and create due and needful competition.


Warm Regards
Mr. Bankim Shah

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