ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Calcutta Diary

AM When there is the tolling of the bell, men like Samarendranath Sanyal depart, but the inheritance, the party, lives on. EASTERN EUROPE is having its fill of liberation and liberalisation. Even as multi-party elections are changing the face of the polities, the mines are closing in Silesia, the volume of unemployment in Poland has touched half a million. That is not enough; more mines must close, as happened some years ago in such good capitalist lands as Britain and France, and the number of the jobless must proceed to a million or more, which will clinch the point that the free market system has come into its own. If the workers in Silesia are without work, why, they should simply move out of that province; they will perhaps have to wait patiently, half a dozen years before they get picked up again. Meanwhile, they should train themselves to be hairdressers and masseurs or join similar nondescript trades. Once the liberal ethos really gets going and inequalities in income and wealth become integral to the structure, the East European countries will each acquire a booming services sector; jobs will then be a plenty; all that will be needed then is re-training and re-tooling of working men and women. In the interim, they must be part of the informal sector, or go through the experience of frictional unemployment. Capitalism arrives in 3 package; in order that one might enjoy the delights of the freedom of choice which the system throws up, one must accept the risk of being without any ostensible means of livelihood for an indeterminable number of years. Since those abominations socialism was known by, such as public subsidies, including social security arrangements, will be severely cut back in the re-structured economies, it will be impossible to avoid a spell of privation for x, y or z. Nascent capitalism, who does not know, has its growing pangs; it is all there in Charles Dickens.

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