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WHAT IS UTOPIANISM?

Where did

it come

from?

What does it mean?

CaN iT aCTuaLLY eXiST?

Utopia:

An ideally perfect place, especially in its social, political, and moral aspects.

Utopia can be defined as paradise

on Earth, Nirvana or Heaven on Earth.

Background information:

“Thomas More 1506 – Utopia “Garden of Eden

The word “utopia” is derived from two Greek words. The first is eutopia, which means “good place”. The second is outopia, which means “no place”.

A utopia refers to a perfect society that does

not exist or can never exist.

“ A beautiful society with a general pacifistic attitude “ Poverty and misery are removed “

A beautiful society with a general pacifistic attitude

Poverty and misery are removed Very few laws are necessary Money is not necessary

People do only work that they enjoy and which benefits the common good

Everyone enjoy FREEDOM

PROS &CONS:

PROS:

Living in harmony with others No conflicts

No motivation for war or

oppression

CONS:

Ethical concerns

Differences with each

individuals’ ideals

Boring!

“ Ability to make choices “ Religious, Social, Economic, Thought “ Individual Freedom V/S The greater

Ability to make choices

Religious, Social, Economic, Thought

Individual Freedom V/S The greater good

The Pursuit of happiness

Do people know what they want?

Needs v/s Wants

IS SOCIALISM AN UTOPIAN CONCEPT ???

ANSWER IS ‘NO’

A theory or system of social organization that advocates the vesting of the ownership and control

A theory or system of social organization that

advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.

“ Means of production are publicly owned “ Social welfare is the dominant motive force “

Means of production are publicly owned

Social welfare is the dominant motive force

Based on Co-op Social Relations and self- management

Money V/S People

“ Balanced social development “ Equal distribution of income “ Prices are fixed by state “

Balanced social development Equal distribution of income Prices are fixed by state No employer employee struggle Provides social security No class struggle Better allocation of resources

“ Corruption “ State monopoly “ Evils of bureaucracy “ Lack of incentive “ Loss of

Corruption State monopoly Evils of bureaucracy Lack of incentive Loss of consumer sovereignty No freedom of occupation Loss of freedom of speech

Case study
Case study
“ 100 years of successful socialism “ Hidden truth “ 1970’s Highest GDP “ Growth fell

100 years of successful socialism Hidden truth 1970’s Highest GDP

Growth fell off, unemployment rose, quality of welfare decline

Two oil crises, financial crises, macroeconomic shocks

Budget deficit and high inflation Irresponsible political actions

Rise in taxes Distorted education system Questioning on free enterprises Rise in unemployment

What took a hundred years to build was nearly dismantled in twenty five years

“ Communist country “ Follow socialism “ Disaster of one child policy “ Student suicide, breakdown

Communist country Follow socialism Disaster of one child policy Student suicide, breakdown and family murder Female infanticides Corruption and terrorism Only say follow SOCIALISM, do not act accordingly”

“ In Russia only goods and services were provided according to the needs of the people.

In Russia only goods and services were provided according to the needs of the people.

Lack of liberty among the people in Russian Democratic Centralism

The leaders were not accountable to the people

The industries were managed by bureaucrats which resulted in loss of viability of industries

Restriction for the people of one state to purchase the products of other states

Government shareholding in industry is also less

Improper allocation of shareholdings

There was no Intellectual Property Right in the Soviet Union

The State became more and more powerful because of Democratic Centralism or Totalitarianism.

“ CPV’s attempt to extend socialist economy of former North Vietnam to the south “ 1986-

CPV’s attempt to extend socialist economy of former North Vietnam to the south

1986- Doi Moi (Renewal)

Extension of period of mixed economy

State managed “Market Mechanism”

Success Story- not the whole truth

Many challenges- showing Socialism not Utopia

Company Tax 28%, Personal Tax 50%

Despite success country remains POOR.

19% population undernourished

20% population does not get proper water

Inequalities of market economy

Increase in street children, prostitution, drug abuse, crime.

Rising domestic violence

Problems of Ethnic minorities

9% of the population with physical disabilities

Pressure of Doi Moi on CPV

Rise in Corruption

“ Argument- Denmark has a lot of socialism and is a successful country, therefore socialism is

Argument- Denmark has a lot of socialism and is a successful country, therefore socialism is good

Lot of social programs

homogeneous society

Uniform mindset , strong collectivist tendencies

The main problem: Is it really successful socialist country?

Answer is NO

Comparison with US

Far from being winner in standard of living and economies

Average wage rate is low

Pay more taxes

Material things are way more expensive

Highest Income tax

Highest VAT

Young educate leaving country to earn good salary.

“ After Independence to the end f 1970’s “ Increased population under poverty line “ GDP

After Independence to the end f 1970’s Increased population under poverty line GDP 3.5%p.a. Government dominated economy with monopoly enterprises- inefficient Private sector regulated through control and licensing Production process- highly capital incentive

Government control added to production cost in private sector High oil prices Growth performance plummeted to the bottom Depressing circumstances-introduction of economic reform. Removal of certain controls Market friendly approach by government Rising fiscal deficit

Economic development hampered by- poor economic policies

Socialist economic model failed

India slipped back into a Bharatiya Growth pattern

Affected manufacturing policy due to poor reforms

High rate of unemployment

“ Socialism is not perfect “ Socialism bring success and also social evils “ Utopia an

Socialism is not perfect

Socialism bring success and also social evils

Utopia an imaginary concept

In reality Socialism can never be an utopian concept