Wealth accumulation by corruption
Free-economy if to be adopted should be on pattern of countries from where it is copied like the US or UK. These countries with free-economy don't have currency of higher denominations which is the main source of accumulation wealth by corruption.
MAYAWATI IS not the only politician having accumulated such huge wealth. Politics in India has become the most lucrative business to mint money. It is well-known that declared just rupees 88-crores wealth by Uttar Pradesh Chief Minister may be nothing but a very small part of real wealth of the politician. Our other socialistic politicians claiming themselves to be messiah of the poor, are also not far behind in minting money out of politics mainly because India has now fully deviated from socialistic path to a capitalist economy under era of ‘free economy’ run for benefit of corrupt.
Free-economy if to be adopted should also be on pattern of countries from where it is copied. For example, countries like the United States or United Kingdom with free-economy do not have currency of higher denominations which is the main source of accumulation wealth by corruption. India should also ensure to take such steps so that accumulation of wealth in ‘free economy’ may not be allowed to be done by corruption.
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