DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Cry the beloved country-may, 2012.

**radikal** · 05-31-2012, 12:34 AM

Your argument is similar to saving auto industry in US.
You are saying that in a pure capitalism an industry has to survive or prosper on its own strength. But we are not in a pure capitalism. In India it is a regulated capitalism.

"The growing concern of the prospects is well justified. Allowing the industry to collapse would be a catastrophic blow to Indian economy, national security, the labor movement and the financial and social health of hundreds of communities."

Of course there is political goal too, they must constitute a large voting block.

Similar argument can be made as why AI (Ashamed India) be saved versus Kingfisher allowed to die.

Why protect retail industry from Walmarts?

05-31-2012, 12:34 AM	#2
radikal Join Date Oct 2005 Age 54 Posts 4,523 Senior Member	Your argument is similar to saving auto industry in US. You are saying that in a pure capitalism an industry has to survive or prosper on its own strength. But we are not in a pure capitalism. In India it is a regulated capitalism. "The growing concern of the prospects is well justified. Allowing the industry to collapse would be a catastrophic blow to Indian economy, national security, the labor movement and the financial and social health of hundreds of communities." Of course there is political goal too, they must constitute a large voting block. Similar argument can be made as why AI (Ashamed India) be saved versus Kingfisher allowed to die. Why protect retail industry from Walmarts?
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