India & Market Fundamentalism
India, once colonized by the British, is now in danger of answering to a new foreign master. But this time it’s not a country that seeks to dominate it, rather it’s an economic system. The so-called free market has taken on an almost religious-like aura. Its evangelists sing its praises from the pulpits of the International Monetary Fund, the World Bank, and the World Trade Organization. Convert now, the high priests tell India, or become an economic untouchable. With its one billion-plus people, what happens in India will impact the world.
P. Sainath is an award-winning journalist who writes about the crisis in the Indian countryside. He is Rural Affairs Editor of The Hindu, one of India’s most important newspapers.”I cover the people who live at the bottom end of the spectrum,” he says. He is author of Everybody Loves a Good Drought: Stories from India’s Poorest Districts.