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

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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, 3, 4, 5]


Nehru's perspective was driven by a need for social justice, aiming to balance economic production with the welfare of the masses. [3, 4, 6]


AI responses may include mistakes.


[1] https://www.facebook.com/indianyouthcongress/posts/the-forces-in-a-capitalist-society-if-left-unchecked-tend-to-make-the-rich-riche/1259014902940258/
[2] https://ebooks.inflibnet.ac.in/psp07/chapter/j-l-nehru-and-democratic-socialism/
[3] https://www.jetir.org/papers/JETIR1812B81.pdf
[4] https://www.thehindu.com/opinion/op-ed/nehrus-economic-philosophy/article18589548.ece
[5] https://www.insightsonindia.com/2016/01/31/insights-weekly-essay-challenges-2016-week-05-can-capitalism-bring-inclusive-growth/
[6] https://vajiramandravi.com/upsc-exam/jawaharlal-nehru/