The Indian Libertarian

Summary

The 15 October 1958 issue of The Indian Libertarian (Vol. VI No. 15), edited by Miss Kusum Lotwala for the Libertarian Social Institute, Bombay, ranges across South Asian security, the politics of the region, and a free-market critique of planning. Its unsigned editorial treats ‘Pakistan — The Important Subject,’ while M. A. Venkata Rao opens the issue with a long essay on ‘Economic Philosophy’ surveying India’s economic crisis, industrialisation, and agricultural reform. A piece signed ‘Vandsasa’ analyses the Pakistan Navy; T. L. Kantam reports on the army’s seizure of power in Burma in ‘Burma in Travail’; and a reprinted extract, ‘God’s Work for Nehru,’ attacks Communism in Kerala. A several-page ‘Indian Liberal Supplement’ carries free-economy material, including H. M. Pai on ‘Keynes and Free Economy’ and ‘G. N. L.’ on Wilhelm Roepke and European economic integration, and Acharya Kripalani argues that the same policy-makers who brought India to the brink of bankruptcy will repeat their errors. The masthead slogan reads ‘We Stand For Free Economy And Libertarian Democracy.‘

Essays

Economic Philosophy

By MA Venkata Rao

M. A. Venkata Rao’s ‘Economic Philosophy’ diagnoses India’s economic crisis in the rendered pages, linking it to the structure of the Five-Year Plans, the pressures of industrialisation, agricultural reform, and the dependence of the economy on the monsoon and on food and population balances. He sets the country’s development difficulties against a broader argument about the kind of economic philosophy India ought to adopt.

• Diagnoses India’s economic crisis through the lens of the Five-Year Plans
• Weighs industrialisation against agricultural reform
• Notes the economy’s dependence on the monsoon and on food-population balances
• Frames the discussion as a question of economic philosophy

Burma in Travail

T. L. Kantam’s ‘Burma in Travail: Civil Authority Surrendered to Military’ reports the Burmese army’s assumption of power and the surrender of civil authority to the military under General Ne Win. Kantam traces the growth of nationalism and the political instability that preceded the takeover, treating Burma’s experience as a cautionary case for the region.

• Reports the Burmese army’s takeover and the surrender of civil authority
• Centres on General Ne Win’s assumption of power
• Traces the growth of nationalism and political instability in Burma
• Reads Burma’s case as a warning for the region

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