India's great escape from the socialist zoo

Critics pointed out that other developing countries like Korea and Taiwan had opted for export-oriented growth rather than self-sufficiency, and been rewarded with 10% GDP growth, thrice as fast as the Hindu rate of growth in India. The socialists smiled condescendingly and said that these countries were neo-colonial puppets falling into an imperialist trap, and had no future. In fact, the supposed puppets soon became richer in per capita income than their colonial master, Britain. India, alas, remained mired in poverty.