A moderate romanticist and moderate radical centrist. Libre tech, Georgism, Mutualism, Economic Statism enjoyer

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Joined 2 years ago
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Cake day: August 13th, 2024

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  • If you want to ask about socialism, lemmygrad.ml is the right place.

    Firstly, a subtle one, existence of MRP, maximum retail price, on everything you buy. Packet of lays, coke, medicine, everything has an MRP, over which you cannot sell the product for. Enforcement had been weak historically, but even then you would only see people selling above MRP in amusement parks or movie theatres, for everyday shopping, you are almost always likely to pay the MRP price. I was surprised to know that such law doesn’t exist in the west, though feel free to correct me.

    Second, India’s medicine patent laws. India has strict ‘non evergreening’ laws, which means a patent of a medicine cannot be extended unless you made the medicine better. Also government can give orders to bypass medicine patents if deemed necessary.

    Plenty of examples, but just these few I could think of. Infact MRP does not even exist in China, so in that policy, India is literally more left than China.

    Market interventionism (example: price control) isn’t leftism. Paternalistic conservatism is rightist ideology that uses market interventionism.

    Third the farming in India. A nice rabbithole to dig in, but I am picking one example, Amul, the most popular brand of milk in India, is less like a company and more like a co-operative society, where they co-operate with regional dairy farms. Most of the money made by selling the milk actually goes back to the farmers.

    Nice information.

    I am sorry if my english is bad.