Nepalis Stripped Beat And Chased Their Finance Minister Into A River

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"When the rich get rich through pull, privilege, and connections, while the poor get poorer through no fault of their own, we are no longer living in a just society. The system has become a rigged game, where effort is no longer the key to success. The people at the top have the power to decide who gets ahead, and they use that power to maintain their own position, regardless of ability or hard work. This is a world where the rich inherit wealth, while the poor are left to fight for scraps, and no amount of effort will change the system." 
In the old days the comparison between democracy and communism could be 'under democracy every man gets one vote only' whereas 'under communism every man gets one dollar only'.
Democracy does not always work very well. 
In a democracy you have the absolute right to be poor. 
In a democracy you can be as poor as you are capable of. Under communism the state devotes its resources to provide the basics like food, housing, education and health care for the people. Cuba perhaps still has the best public health care system in the world. 
In China they have turned communism upside down. 
Instead of  'every man gets one dollar only' the Chinese are now approaching 'every man gets one million dollars only'. That is not exactly communism.
Without a doubt China now has the largest number of millionaires in the world  (US Dollar). 
According to the 2023 Credit Suisse Global Wealth Report, China has around 6.2 million millionaires, more than the U.S. with about 5.5 million millionaires.
The huge difference is the Americans took 250 years to achieve this. 
The Chinese have done it in about 35 years (since 1990).And there must be many millions more Chinese in China who are easily half millionaires - those who have acquired US$500,000 ONLY. So the Chinese are becoming the richest and wealthiest society on planet earth. And they are not a 'lets vote every five years' type of democracy.
Their 'democracy' can be found in their economy. 
Their economy is 100% competitive and open market. 
In the Chinese economy you can 'Be all you can be'.Then you have 'failed democracies' like Nepal. 
Here is a brief video. You dont have to watch all nine minutes. The fat guy in the video gets saved by some people.



Nepal is a typical example of a failed Third World democracy. A failed democracy where the elites, the powerful and the rich enrich themselves at the cost of the ordinary people.
They do this by denying equal access to economic opportunities for all the people.  The elites, the powerful and the rich control all the levers of legislative power, they control the government and the administration and of course they also make laws and regulations that benefit them first.
And they feed on public funds. Public funds or taxpayers money is always target No. 1. The easy money. They will steal public funds - usually through corruption. Also through large projects that are overpriced and which are wasteful or useless. Overpricing government projects is the most popular method to steal public funds. And they must bribe the politicians if they want to overprice the project.
Then they have the elites who have a chokehold on the economy - through cartels, government licensed monopolies, oligopolies, endless concession agreements that are "extended" again and again. 
This is typical 'failed Third World democracy' behaviour.  This is why Third World democracies fail.  We have seen the riots in Indonesia. By the way - their problems are not over. Their problems are just starting in Indonesia.
Now you are seeing it in Nepal. Their problems are also just starting in Nepal. 
 
"When the rich get rich through pull, privilege, and connections, while the poor get poorer through no fault of their own, we are no longer living in a just society. The system has become a rigged game, where effort is no longer the key to success. The people at the top have the power to decide who gets ahead, and they use that power to maintain their own position, regardless of ability or hard work. This is a world where the rich inherit wealth, while the poor are left to fight for scraps, and no amount of effort will change the system."
The views expressed are those of the writer and do not necessarily reflect those of MMKtT.By Syed Akbar Ali 

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