There were times, when the capitalist countries had to invent sea routes, colonise the nations, and set up armies there to protect their merchandise. Thanks to neoliberalism, the purpose of capturing market in the gullible countries is being achieved now, by a simple precept called ‘free trade policy’. It is unfortunate that a great democracy like India should debate on the issue of allowing FDI in retail in the Parliament for days together, when other crucial issues like health and education were perpetually placed on the back burner. What purpose the FDI in retail would serve other than feeding global retail giants like Walmart? Shouldn’t we recall as how our agriculture was paralysed after QRs were removed in the sector? Those who do not learn from history are doomed to repeat it.
Syed Sultan Mohiddin