The 5 Prosperity Principles to make every Indian Free and Rich

In the past 70 years, every one of these principles has been violated repeatedly. Consequently, Indians are not prosperous. We should all have been ten times richer by now. Those who have denied us prosperity again and again do not deserve another chance in power. What India needs is a political startup powered by the people who unite to vote for India’s First Prosperity Minister.

As we discussed in the previous column, India’s governments and political parties own and operate the anti-prosperity machine which denies us the opportunity to create wealth. Here is how this machine operates:
● We are denied freedom
● We are discriminated based on caste, religion and group affiliations
● The government needlessly interferes and engages in our economic and social activities
● Decision-making is too centralised and removed from us
● Justice is delayed
● Public wealth is controlled, abused and misused by the government

Taken together, every component of this machine works together to ensure that we Indians continue to stay poor.

Only a political startup can crush this machine. This startup must have at its core a set of Prosperity Principles which are based on the precept ‘that government is best which governs the least’. They will help India become a liberal society with the individual as the principal and the government as the agent. All policies must be based on these five core principles:

1. Liberty

The government cannot abridge any freedom that citizens have as their birthright. Citizens must be guaranteed freedom of speech and expression, and right to property. The government should provide a level playing field for all people to be free to do whatever they wish to do and ensure that no person encroaches on the rights of other individuals.

2. Non-discrimination

The government is prohibited from discriminating among citizens. No special status should be granted for any individual or group based on their religious, caste, or linguistic background.

3. Non-interference

The government must not interfere in voluntary exchanges among citizens. The government must not privilege or handicap any citizen.

4. Limited government

The government must not engage in business and commercial activities. The government should be a referee and not a player. India needs a strong government which has limited powers to discharge its primary responsibilities: external defence and internal order, protection of rights of citizens and efficient dispute resolution. If the government has more power than needed to discharge the primary responsibilities, the government is less able to do the primary responsibilities.

5. Decentralisation

Under the subsidiarity principle , governance matters should be handled by the competent authority closest to the people, rather than by a central authority. No public agency should do what a private agency can do better, and no higher-level public agency should attempt to do what a lower-level agency can do better. In others words, the provisioning of services must be first done by the local government, then the state government, and finally the central government.

In the past 70 years, every one of these principles has been violated repeatedly. Consequently, Indians are not prosperous. We should all have been ten times richer by now. Those who have denied us prosperity again and again do not deserve another chance in power. What India needs is a political startup powered by the people who unite to vote for India’s First Prosperity Minister.