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From India to Australia, populism is causing a crisis in democratic governance

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prasad1

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Faced with electoral volatility and voter anger, is politics becoming the art of the impossible where tough decisions required for long-term economic health cannot be implemented because of the short-term pain they inflict? Some hold that once the majority realises it can vote itself largesse from the public treasury, it will vote for those promising the most benefits and the democracy will die from the ensuing loose fiscal policy. The proportion of people receiving more benefits from the state than the taxes they contribute rises, the paying cohort shrinks, and the system collapses from the widening gap. Or as Margaret Thatcher warned in fighting this in the UK, the trouble with socialist policies is you eventually run out of other people’s money to distribute. Which is why we risk validating Churchill’s aphorism that “the inherent virtue of socialism is the equal sharing of miseries.”
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In India the voters massively rejected the Congress Party-led governing dogma of socialist policies that had proven to be the biggest poverty multiplication program in history. They voted decisively for a Modi-led BJP government on the attractive promises of growth, jobs, development and good governance. So far Modi has been eloquent in talking the talk but hesitant in walking the walk and silent on condemning the incendiary rhetoric of Hindu zealots in his party. The people elected him to govern for the nation, not to campaign endlessly in state elections. AAP’s blitzkrieg victory in Delhi despite the shambles of their last term is a powerful reminder to the BJP to talk less and deliver more for ordinary people.

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Modi must stop Hindu zealots from subverting a laser-like focus on improving public safety, strengthening the rule of law, building infrastructure, eliminating corruption, minimising the cost inputs and regulatory burden on business, switching priority from stopping imports to promoting exports, and investing in education and skills development for the 21st century: by most international measures, Indian students lag behind their East Asian counterparts by several years.

Promising the Moon: From India to Australia, populism is causing a crisis in democratic governance - TOI Blogs
 
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