Showing posts with label Wal-Mart. Show all posts

Why Is Anna Hazare Fuelling Wal-Mart Politics?



Wal-Mart, which symbolise capitalistic enslavement for the Indians, seems to be dividing India, world’s largest democracy, in the middle even as the Indian government is bravely defending its decision to allow Foreign Direct Investment (FDI) in Retail, a reform which opens a market worth billions of dollars the world’s major chains are desperate to enter.

The controversy is based on the perceived pros of the move, strongly supported by the government in need of urgent foreign investment to cover its budget deficit and maintain the growth rate of the country and the cons, put forth by an opportunistic and  motley combine of communists, communal parties and the women chief ministers of three states with over 30% of India’s population, who have no clue of the complexities of the issue or particular reason other than their bloated egos to object the move, claiming the government is only fooling people.

"To give an impression that FDI in retail will solve all problems like inflation, price rise and unemployment... whosoever is saying this is fooling people that FDI will get millions of jobs. It cannot happen."


Are The Indians Stupid To Burn Wal-Mart?


As usual, Indians ignorant about globalisation, are groping in a mess of disinformation and going berserk about Wal-Mart, which unfortunately has come to symbolise Multinational Retail Chains.

I don’t mean the proud ‘American’ Indians who might have sent Columbus back had he landed with a Carrefour business development manager on board his ship. Nether do I mean the ubiquitous bargain hunting ‘Indian’ Americans who constantly stomp Wal-Mart and whose feet count immensely for the foot falls the chain store depend for survival.
Greed is in the eyes of the beholder:
I mean the real Indians, citizens of the largest democratic country who blindly follow the US, the second largest, in a desperate sense of competition. It is easy to identify them outside India, with their dropped jaws staring with avrice at the shopping windows in malls and the goodies they can’t afford to buy during their visits. Why then are they so much against the idea of the very malls they dream of, coming to their cities and towns? According to The New York Times:
“Supporters contend that the chain’s legendary low prices have democratized consumption, allowing low-income households to afford flat-screen televisions, for example. Critics say those low prices have depressed domestic wages and exported manufacturing jobs to foreign countries, hurting Americans more than helping them.”

Tuesday, November 29, 2011
Posted by Unknown

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