Economic Colonialism - India

Back




Nov 1995 Cheap labour and the end of archaic restrictions have spawned a new entrepreneurial era. In Bombay's factories, thanks to foreign investment, they are finally carting away the Dickensian machinery of the British Empire. But Hindu fundamentalists denounce this as 'economic colonialism' and are as keen to expel the multinationals from India as they are to quash the minority Muslims. At a Hindu festival, extremists excite racial and religious tensions as crowds of young Hindus wheel a freshly painted effigy of Ganesh, the traditional vanquisher of foreign foes, into the Arabian sea. In the quiet village of Veldur where buffaloes loll in the waves, fishermen moan about a new site for ENRON, an American multinational. Dependent on mangoes, fish and cashew nuts, villagers dread the devastation associated with industrial development. This local discontent is one more political skirmish in the battle for India's commercial future. Despite widespread social tension, India's leaders have decided that foreign investment is indispensable. As India mobilises to catch up with the West, Veldur will become the first casualty of many.

Channel: News & Politics
Uploaded: September 6, 2007 at 10:44 am
Author: journeymanpictures

Length: 0:16:35
Rating: 4.90
Views: 3,736

Tags: Economic Colonialism Mumbai Cheap labour Muslim Hindu Industrial Action Protest

Video Thumbnail #1:




Video Thumbnail #2:




Video Thumbnail #3:




Video Url:


Embed Code:


Video Comments:
jghgfghj (Thursday 14th of August 2008 02:11:43 PM)
enron is bankrupt, its a no more.
annboylyn (Thursday 19th of June 2008 05:56:22 PM)
Vote Ron Paul !
me2super (Saturday 26th of April 2008 07:54:03 PM)
Dear journeyman, "Ganesh, the traditional vanquisher of foreign foes". I am Indian and I never heard anything like this in my entire lifetime. Ganesh, is the traditional vanquisher of roadblocks, also the deity that awards intelligence and prosperity (i.e. economic progress).
me2super (Saturday 26th of April 2008 07:58:22 PM)
I notice that a majority of your videos on India are demeaning only showing the extreme negative aspects of India's problems, the largest English-speaking democracy on the planet. On the other hand, you project the "Boom in China" when you are aware of the Chinese expansionist agenda, the genocide of over 300,000 in Darfur, over 1.2 million Tibetans, countless Burmese, and staggering human rights issues within China such as Falun Gong, etc. All I am asking is to be fair, not biased journalism.
jbrown696969 (Thursday 24th of April 2008 05:01:08 PM)
So much has changed in 13 years. Who then could have said India would be an emerging economic superpower in 2008?!
thatlolguy (Tuesday 15th of April 2008 11:07:47 PM)
yeah right Enron!!!