India a land of billion people is a wonderful country in the world. Very few countries in the globe has absolute democracy and India being one among them. Though as a country it resembled some of western countries in politics but India has its own culture and history dating back to per-historic ages. Consumerism was an unheard term in India till 1990. The current Prime Minister who was then the Finance Minister of the Country liberalized the Indian economy. This according to many is golden age and good time for India. But to me this is the starting of downfall of this mighty country which was unconquerable even by the Alexander the Great. I feel this is a modern way of imperialism.
Looking back 20 years since opening up of Indian Market the out come is no different than it was prior to 1990. There are still same amount of poor and at places it is even more. Similarly there is more crime now than in 1990. I cannot cite a resource here because back in 1990 there was no record keeping of crime in India but I can quote Wikipedia which kind of put the crime comparison between 1953 and 2006
http://en.wikipedia.org/wiki/Crime_in_India
In this article if you see only burglary is the only crime that has gone down rest every thing has gone up and especially murder, and riots have gone up 100 folds. Does it not alarm a bell in you mind. I am not here to say all these crimes are because of liberalization but I am trying to stress here is liberalization is one of the reason. How do i say this? Because when India was opened up for foreign companies the home grown companies and industries are not well developed to compete the global corporations both monetarily and technologically. This had led to huge destruction of wealth at lower end of the spectrum. Some could argue that there was and is a huge amount of job creation in this period.
Looking back 20 years since opening up of Indian Market the out come is no different than it was prior to 1990. There are still same amount of poor and at places it is even more. Similarly there is more crime now than in 1990. I cannot cite a resource here because back in 1990 there was no record keeping of crime in India but I can quote Wikipedia which kind of put the crime comparison between 1953 and 2006
http://en.wikipedia.org/wiki/Crime_in_India
In this article if you see only burglary is the only crime that has gone down rest every thing has gone up and especially murder, and riots have gone up 100 folds. Does it not alarm a bell in you mind. I am not here to say all these crimes are because of liberalization but I am trying to stress here is liberalization is one of the reason. How do i say this? Because when India was opened up for foreign companies the home grown companies and industries are not well developed to compete the global corporations both monetarily and technologically. This had led to huge destruction of wealth at lower end of the spectrum. Some could argue that there was and is a huge amount of job creation in this period.
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