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The Azadist Approach
How could Azadism be applied here?
Azadism:
an economic and political system that encourages limiting the role of government to upholding the Non-Aggression Principle and preserving property rights. This takes the form of four main roles, namely: National Defence, Policing, Justice System and Tax Administration. The control over a nation’s economy is gradually transferred away from state control and to the people directly, where both parts are adequately independent of each other. Initially administered under a decentralised Khalsa confederacy of Misls, over time the role of the government can be further reduced and replaced entirely by the private sector.
. This wouldn’t replace MSP straight away, instead it would be offered as an alternative to begin with, state by state. Since this is paid for regardless of output or employment, the pressure is lifted off the farmers from producing specific crops. Instead, now the laws of supply and demand can actually work as farmers are freer to comfortably experiment with production to actually meet the consumer demand since their living wage is not so dependent on what they grow.
can become more accessible. As well as this, the farmers would be in a far safer position to invest in newer technologies such as those that use less water like hydroponics or vertical farming methods.
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. Therefore, we need more competition, not less, which would put pressure on these large corporations. By removing their ability to legally lobby, this will already do much to cripple their power, but other policies may include reducing tariffs. As a result Indian goods/services would become more financially attractive and this will further allow for greater access to global markets, thereby adding players to compete with the large domestic firms. At the same time farmers would experience an increase in demand for their produce as they would have easier access to a greater customer base. You would expect many organisations arising to export, not just crops but many other goods and services. International trade become easier once tariffs are removed entirely, increasing demand for Indian crops globally. Indian agriculture becomes more competitive, as well as making it cheaper for farmers to sell to clients abroad. Knowing that farmers have viable alternatives through foreign buyers, it would also help incentivise domestic firms to offer fairer deals.
. Through these policies of increasing competition, choices and alternatives arise. This is what the people need the most - more and better choices.
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, however for now the strategy would be to remove all corporation tax (alongside other types), leaving just one type of tax (income, consumption or land revenue are some options). This will further reduce the barriers of entry into business as the cost to set one up and maintain it are drastically reduced, making it easier for anyone to start and run one. This would also help farmers diversify into other industries much easier, as not only would alternative opportunities arise, the cost to be self-employed with their own business is reduced.
, more corruption is likely to be called out and the people can easier and more specifically demand alterations and punishments for the corrupt.
. This is what we should have been protesting for. Another highlight of our community’s inability to save ourselves is our lack of negotiation skills. Whilst it may have seemed a success that the laws were repealed (as they should have been), a more strategic outcome would have been a deal.
Endnotes
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