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system is different: capitalism created its own wealth.
Without giving thought to it, we are accustomed to equating capitalism with the feudal system. We think that capitalism has also exploited others' wealth. This is not so. Capitalism has really created capital; it has really produced wealth, lots of wealth.
When wealth is created, then, and only then its equitable distribution is possible. Without creating wealth, what are we going to distribute? Today, Indira Gandhi and her foolish friends think that socialism can be established in India, and that wealth can be distributed. It means that they are thinking of distributing wealth without having it. Today, the country has no wealth. If we embark on distribution, we can only distribute poverty, not wealth. There is no wealth and poverty we have in abundance. And it is already widely distributed.
Distribution is necessary, but before distribution we have to have wealth. Production comes first; distribution follows it. Capitalism produces wealth and socialism distributes it. If there is no capitalism, and so no wealth, then socialism can distribute only poverty and misery. If our country decides to go socialist, it means that we decide to remain poor, and poor forever. It cannot be anything else, because we don't have the instruments that produce wealth.
The second thing to understand is that all the people of the world have not contributed to the creation of wealth. Wealth today is the handiwork of a handful of people, a few individuals. It has not been created by the masses. Only a Rockefeller, only a Morgan, a Rothschild, a Tata, a Birla, a Sahu creates capital, not everybody. If we remove ten names from America, America would be as poor as we are. Without them, America could not have achieved its present affluence.
I have heard that once Henry Ford went to London. At the airport he walked up to the inquiry office and asked for a cheap hotel. The clerk at the inquiry booth recognized him, and he said, "I have seen your photographs in the newspapers; it seems you are Henry Ford. Why do you ask for a cheap hotel? When your sons and daughters come here, they ask for the most expensive
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