Jawaharlal Nehru's quote about capitalism
Jawaharlal Nehru's quote about capitalism “The forces in a capitalist society, if left unchecked, tend to make the rich richer and the poor poorer.” — Jawaharlal Nehru Read this quote in Bengali Know source and context of the Quote. Jawaharlal Nehru expressed concerns about unchecked capitalism, stating, "The forces in a capitalist society, if left unchecked, tend to make the rich richer and the poor poorer". He advocated for a mixed economy and democratic socialism over pure capitalism or communism. [1, 2, 3] Key points regarding Nehru’s views on capitalism: • Wealth Inequality: He believed that without regulation, capitalist forces worsen inequality. • Economic Philosophy: He favored a socialist approach to economic problems to eliminate poverty. • Alternative Approach: Instead of pure capitalism or rigid communism, he championed a "mixed economy". • Industrialization: Despite his socialist leaning, he emphasized industrialization through a mixed economy. [1,...