Rahul Gandhi wants 'wealth redistribution' in India, an idea that has failed all over the world
8 months, 2 weeks ago

Rahul Gandhi wants 'wealth redistribution' in India, an idea that has failed all over the world

Op India  

On 6th April, Congress leader and I.N.D.I. Alliance’s possible PM Face for Lok Sabha Elections 2024, Rahul Gandhi, promised an ultra-left idea of ‘wealth redistribution’. Those who support the idea claim wealth redistribution addresses economic inequality and promotes social justice. The Mao disaster in China Another example of failed wealth redistribution came under Mao Zedong’s Great Leap Forward and Cultural Revolution. Source: Alpha History The untimely ‘demise’ of Venezuela’s wealth bubble Latin American countries like Venezuela tried wealth redistribution in the West and failed miserably.

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History of this topic

Mint Primer | Redistribution: Can it benefit India’s poor?
7 months, 3 weeks ago

Mint Primer | Redistribution: Can it benefit India’s poor?

Live Mint  

Theoretically, redistribution of wealth is a good way to bring down economic inequality. Bharatiya Janata Party has portrayed this idea as an attempt by the Congress Party to grab people’s wealth and redistribute it, especially to minorities. According to a study published by The World Inequality Lab, richest 1% of Indians now own as much as 40% of the country’s …

‘Wealth Redistribution’: Rahul’s Congress Stuck in a Time Warp, Treading the Disastrous Mao Path - News18
7 months, 3 weeks ago

‘Wealth Redistribution’: Rahul’s Congress Stuck in a Time Warp, Treading the Disastrous Mao Path - News18

News 18  

The tragedy of the Congress is that the more Bharat changes with time, the more it remains stuck in a time warp. So, as the Congress currently finds itself on the back foot on the issue of ‘wealth redistribution’, especially after Prime Minister Narendra Modi has made it an election issue, the party could have done well to recall the …

Rahul Gandhi promises 'wealth redistribution': An ultra-Left idea even Yogendra Yadav had backtracked from
8 months, 2 weeks ago

Rahul Gandhi promises 'wealth redistribution': An ultra-Left idea even Yogendra Yadav had backtracked from

Op India  

After the colossal failure of the Congress party’s ‘Gareebi Hatao’ slogan over the years, the party prince Rahul Gandhi has come up with the promise of “wealth redistribution” to eradicate poverty and socio-economic inequality. During a public rally in Hyderabad, Rahul Gandhi, stressing on the party’s “Jitni aabaadi utna haq” slogan said, “We will first conduct a nationwide caste census …

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