Economic liberalisation is a world phenomenon. Socialist countries, capitalist countries, all of them, have to take to liberalisation. The liberalisa… - K. R. Narayanan

We have to give a sense of economic liberation to the masses and for that, I think the basic thing we have done or we attempted to do, in the beginning, and we have not yet completed that process, is that of land reforms. I think some of the Indian states have been successful in bringing about land reforms but to get a sensation of economic empowerment in society, even a bit of land of their own, is necessary for the common people and it has been shown by Japan, Taiwan, South Korea, which have achieved remarkable economic successes, that land reform was one basic prior thing they did.

My having been in the LSE made me suspect in the eyes of the Right but funnily enough it did not help me with the Left either. After getting a seat, and a pretty unsafe one at that, my campaign started, my opposite number from the Left said in his speeches that I was an Anglicised sahib who knew nothing of Kerala, did not eat Malayali food and did not even know how to wear a mundu [[[w:dhoti|dhoti]]]! So there were problems for me on both sides.

We started with pure parliamentary democracy at the Centre and in the States. Now this has been extended to the grassroots, though not in the Gandhian way, but according to the dream of Gandhiji, along that line. We have extended democracy to the grassroots, in the panchayati raj experiment and I think that has given solid support to our parliamentary system. Our parliamentary system could not have survived, without this basic grassroot support. But all these can function only in an atmosphere of social and economic progress and greater equality.