Do we have right quality of political leadership and political institutions and Do we need any change in them to meet the new global economic and political reality ?
Globalization of capitalism has its effects on countries as a continuous process.World has found that the socialism in the form it was experimented in soviet or chineese economy is not economically or politically feasible challenge or substitute to capitalism and is found to be contrary to natural evolution of human social development.Recent events in western capitalistic countries once again are proving that the civil and political rights and freedoms will not grow hand in hand with economic rights and freedoms unless under right leadership and the political conflict or contradictions erupt like volcuno to discharge the heat or absorb the cold in the political economy for realignment of new new political and social equilibriums with in countries and among countries in the global context.
The traditional 19th century individualistic free entreprising capitalism is now tranformed to dominant global corporate capitalism making the capitalist as a mere appendage to the recipient of prorata dividends or profits of entreprise on risk basis as one of the share holder and not as the owner of entreprise and corporate entreprise which is recognised as a distinct entity from shareholder capitalist. with it has arisen new challenges of political control over the new managerial cadre's decision making over these global corporate entities both public and private. Political control involve the sovereign bodies like legislative, executive and judicial powers entrusted to representative institutions and individuals holding and exercising such power delegated to them by sovereign people.
It is now proved that criminal nexus develops between politicians and administrators as a natural selfish person as distinct from the public personality in public office with corporate lobbies and mafias spreading their network across cross-borders to escape or delay domestic legal liabilities. Nations have worked on private international law and public international law through evolving new protocols, international conventions and charters etc but the institutions have come to be totally inadequate to the gravity of challenges of required political control to the challenges posed by the acts of new corporate bodies and private entities as is found in the recent global financial crisis with practical immunity from any criminal liability to the perpetrators of economic malfeasants in governments and corporates. The crisis postponed through tax payers bailouts is re emerging in the form of national sovereign debt crisis situations, with resultant new Wall street occupy and similiar protests across many developed countries demanding accountability of governments, politicians and corporates. This is the new global challenge to political institutional outlook and demands for changes in all countries and among countries thrown open with new globalization of economies and markets.
Is indian leadership is in right quality with necessary vision ready for these challenges to take the country in right pace with changing global ecconomic and political scenario? is the quality of leadership in charge of national and state level sovereign representative institutions and its delegated powers under the constitution in fit and proper mode to respond and what changes to be effected ? Is the existing form of government fits with new global reality to reflect the general will of its people and to execute the general will and if not what changes to be proposed? These two questions are to be ever present with any representative assembly and its delegates as is advised by the Jean joquise Roussoe in his celebrated work "on social contract " book and more relevant now.The two questions he propsed are as follows:
Globalization of capitalism has its effects on countries as a continuous process.World has found that the socialism in the form it was experimented in soviet or chineese economy is not economically or politically feasible challenge or substitute to capitalism and is found to be contrary to natural evolution of human social development.Recent events in western capitalistic countries once again are proving that the civil and political rights and freedoms will not grow hand in hand with economic rights and freedoms unless under right leadership and the political conflict or contradictions erupt like volcuno to discharge the heat or absorb the cold in the political economy for realignment of new new political and social equilibriums with in countries and among countries in the global context.
The traditional 19th century individualistic free entreprising capitalism is now tranformed to dominant global corporate capitalism making the capitalist as a mere appendage to the recipient of prorata dividends or profits of entreprise on risk basis as one of the share holder and not as the owner of entreprise and corporate entreprise which is recognised as a distinct entity from shareholder capitalist. with it has arisen new challenges of political control over the new managerial cadre's decision making over these global corporate entities both public and private. Political control involve the sovereign bodies like legislative, executive and judicial powers entrusted to representative institutions and individuals holding and exercising such power delegated to them by sovereign people.
It is now proved that criminal nexus develops between politicians and administrators as a natural selfish person as distinct from the public personality in public office with corporate lobbies and mafias spreading their network across cross-borders to escape or delay domestic legal liabilities. Nations have worked on private international law and public international law through evolving new protocols, international conventions and charters etc but the institutions have come to be totally inadequate to the gravity of challenges of required political control to the challenges posed by the acts of new corporate bodies and private entities as is found in the recent global financial crisis with practical immunity from any criminal liability to the perpetrators of economic malfeasants in governments and corporates. The crisis postponed through tax payers bailouts is re emerging in the form of national sovereign debt crisis situations, with resultant new Wall street occupy and similiar protests across many developed countries demanding accountability of governments, politicians and corporates. This is the new global challenge to political institutional outlook and demands for changes in all countries and among countries thrown open with new globalization of economies and markets.
Is indian leadership is in right quality with necessary vision ready for these challenges to take the country in right pace with changing global ecconomic and political scenario? is the quality of leadership in charge of national and state level sovereign representative institutions and its delegated powers under the constitution in fit and proper mode to respond and what changes to be effected ? Is the existing form of government fits with new global reality to reflect the general will of its people and to execute the general will and if not what changes to be proposed? These two questions are to be ever present with any representative assembly and its delegates as is advised by the Jean joquise Roussoe in his celebrated work "on social contract " book and more relevant now.The two questions he propsed are as follows:
Follow Mr S. Lakshma Reddy, Advocate, A.P. High Court at http://slakshma.goforthelaw.com
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