Aam Aadmi Party clarifies: 'Don't have an economic policy yet'

Aam Aadmi Party member Yogendra Yadav said that the party lacked an organisational structure and that the party does not endorse1960s socialism as an economic model as it is not always viable.

FP Staff November 27, 2012 10:19:47 IST

Team Kejriwal has shaken up political discussion with the Aam Aadmi Party (AAP) - a party that he claims will promote the ideals of a bottom-up political culture. The party has also adopted the path of fighting against corruption, but where does it stand on other crucial issues - like economic reforms or the day-t0-day, given that they too determine electoral votes?

"The party has not yet worked out its economic policy," team AAP member Yogendra Yadav told CNN-IBN in an unusually calm late-night discussion with Rajdeep Sardesai. The party has  just worked out the constitution's guarantee of providing economic equality to all, he added.

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He said, "The problem to my mind really was that the ideals of equality, of making a society that is just to all was attached to certain instruments, that are wooden. They do not work after a point," referring to a 1960s style socialism with extensive state intervention and support.

"This complete obsession with public sector and the complete belief that everything that the state does would be wonderful, those instruments need revisiting. We should be open ended about it," he added.

But Yogendra Yadav also said that the party does not believe that in critical areas like health and education - the state should withdraw its support at all. He asked, "How can we not be wedded to the idea of economic equality? What is so 1960s about it?"

It goes without saying that a political party needs much more than just ideals, constitution and a zealous fight against corruption in order to sustain the electoral politics that is prevalent in the country - a fact that even Yogendra Yadav pointed out.

He said, "We have a hawa and enthusiasm but we don't have an organisation. We dont have the organisationsal might or resource but we have the national mood that seems to coincide, " referring to a deep seated discontent with rampant corruption and high-handedness of the political class.

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