Before the Industrial Revolution, which began in England in the 18th century, and then spread all over the world, so little wealth was produced by the primitive methods of production that only a handful of people could be rich while the rest had to be poor. But after the Industrial Revolution a unique situation has arisen in world history. Now the methods of production have become so powerful and so big that enough wealth can be generated to give a decent life to everyone on earth. So the real struggles of people everywhere is to create a social order in which every human being gets a decent life. The same applies to India too.
But creating such a social order is a very arduous, painful, historical process, extending over a long period, and calling for enormous sacrifices, because the vested interests in the existing social order will put up stiff resistance against any basic changes
In substance, what I intend to say today at St. Stephens College, Delhi today at 4.30 p.m. is that the next 10-15 years in India will be terrible and full of turmoil, but thereafter some kind of revolution will take place, and then good times will gradually come, in which the Indian people will have decent lives and a high standard of living.
I wish good times came immedialy without any pain or turbulence, but that is not how history functions