i say go for it. If walmart can provide a cheaper good then the consumer will chose Walmart. But maintain the free market, watch out for monopolies, if the govt begins to favor walmart destroy it!
First of all, Walmart and Tesco will destroy India by taking cutting off and ultimately destroying the occupation and income of lakhs of small outlets and retailers. Secondly and most importantly, they will drain the revenue generated out of India to USA and UK respectively.. so a big NO to Walmart and Tesco.
You people who think that "consumer choice" is the font of all things glorious, you're hilarious. Ah, to revel in self love. To think only of the self. To tell your community and culture to screw off. It's all about you, right? Your own private world where you can play Ayn Rand all day, pretending that you're more important than others, more important than society, more important than those piffling "little people", right? Edward Bernays would be proud.
I'm Indian - what that shopkeeper isn't admitting is that he and his family survive on the backs of others who are denied consumer choice. They are forced to pay higher prices with him, whereas WalMart could lower the costs they pay for their goods, including basic food staples. Shopkeepers who survive by denying others consumer choice are only living on the backs of other peoples' deprivation.
@manofsan you are sadly misinformed and delusioned about walmart. there are some good documentaries that detail how walmart is not good for the economy, the people or small family owned businesses.
@peacerebelgirl, why don't you give me these reasons directly, rather than citing unnamed documentaries like a fool. Please state to me how a more efficient supply chain which provides lower prices to consumers is undermining the economy. There are far more consumers than shopkeepers, and so there would be a net gain from WalMart mass-retail entities. Otherwise, you are depriving a larger number of consumers just to protect a smaller number of shopkeepers. That's not fair.
@manofsan pardon me but a fool is someone who blindly supports a malign corporation like walmart without getting all the facts. do your research rather than asking someone to do it for you.
I'm an Indian and I totally support Walmart and other FDI in India !
People should realize that India is different from U.S, Indian Goods are comparable or probably even cheaper than Walmart. So it would be safe to assume both Local businesses and Walmart can co-exist. It's always nice to have diversity, It caters to different Strata of People :)
@forgottenmemories63 LOL, wait until you have American style diversity in your country. You'll be loving it! Especially the crime rates. I'm sure you'll be loving those the most!
because the supposed increase of the standard of living is a complete lie! the only change will be class division and the county will be divided economically to make it an easier target to foreign interests. Indian people will be separated and conquered. thanks to some sold out Indian politicians ;)
that's how it starts. wait and you will see. Im ashamed of how ignorant people are. :( Now you say small business prices are lower or comparable, wait until walmart starts lobbying in India and the small business prices are forced up through legislation. You have no idea of what is to come to you. Good luck. you will need a lot of it if you allow Walmart to enter India. BTW 21th century wars are being fought economically.
Walmart murders small business here in the US, so how anyone can claim it won't do the same in another country is beyond me. I would like to know their supposed "logic" behind that claim. I hope for the sake of the small business owners, India can keep Walmart out at least for a long time.. I would say forever, but that seems highly unrealistic, depressing as it may be.
Wallmart really knows its way in today's global market. They go to a country which is getting richer so they can make some profit from the population. Actually they are so rich that can keep prices artificially low (just at the edge of profit) to bankrupt competitors, create a monopoly exploiting cheap labor (due to bankruptcy) and making filthy huge profits in few years! Way to go sport!
It's a lot more complex in asia and russia so there is no way that they will be able to get a monopoly.Wal Mart entered china and they didn't even manage to kill the small businesses.
Wal Mart is successful in america coz they sell made in china goods dirt cheap to kill off competitors who sells made in america goods.Workers get paid almost nothing in india so india could produce goods as cheap as china and that alone takes away Wal Mart's advantage
India! Don't give up your unique culture for Wal Mart!!! What you guys have there is more than just small shops, it's a way of life, it's heritage, it's the essence of you. Local street culture can never be bought and it can never be replaced when lost. Here in the US, there is NO culture. There are no true neighborhoods or communities. No one knows each other. Everyone is an island unto himself. Don't let that happen to your country and your way of life! Don't sell out your people!
@Fenria14 "Here in the US, there is NO culture." What a load of horse shit, There where MANY cultural eras in such a short span of time. You clearly have not a smidgen of knowledge on the subject you are talking about. ever hear of the 50's/60 post war pop era? Hmm? What about the 70's, Then leading on to the 80's which there where MANY cultural cliques at that time. Just because you live in a bad spot doesn't mean you can judge all of the land. There is various terrain on the planet.
@tehatemachine I live in the US, you dunce. I live in the cities that are burned out hulks of what they once were, where street culture is dead and no one knows each other. Wal Mart has contributed to this heavily. Go ahead, try it. I don't care. Destroy your culture. Homogenize and standardize your society into non existence. See what you get. I don't live in India. I don't really care. I'm just warning you of the outcome since I've seen it first hand.
@Fenria14 Privitization has NOTHING to do with dead street culture. In fact it is what gave LIFE to it. Government heavily taxing, Bloating it with regulation, As well as social service programs (welfare) Have EVERYTHING to do with Cities in the U.S not being what they once where.
If you want to know a clear example of how privatization keeps things neat and tidy. Look at Tokyo japan. Mostly ALL of it is in the hands of private individuals. and it is indeed very clean.
ACTUALLY deregulation was what caused the financial collapse of 2008. massive "bailouts" with tax payer money were given to the same companies that killed small businesses while these companies went on ahead to buy entire jet flotillas and be caught up in prostitution and cocaine rings. what do you think they use the money for? to help you go to school an become whatever you want?
@greaterwhiter1 'ACTUALLY deregulation was what caused the financial collapse of 2008" Are you talking about the U.S or india? The U.S financial DECLINE not collapse. Was caused by the artificial housing bubble that finally burst. You guys have to understand. There is no permanent solution with government involvement. Only tradeoffs and effects taht have done more harm than good. Most ALL monopolies throughout history that where created had some form of government interference.
you are right it was given the name "financial crisis". I mean that large "pillar" companies collapsed. you talk about "house bubble", but what about student loans and credit card debt, insurance and medical expenses, social security and benefits? these people at the top have heavy ties to companies that lobby to change laws and allow deregulation to create the "artificial financial systems" in which they profit at the expense of whom ever (small businesses, slave labor, etc)
@greaterwhiter1 "house bubble", but what about student loans and credit card debt, insurance and medical expenses, social security and benefits?house bubble", but what about student loans and credit card debt, insurance and medical expenses, social security and benefits?"
Social security and Student loans are GOVERNMENT run, With the exceptions of private loans which are different.
@greaterwhiter1 Also it's funny how so many people have been tricked by our very own government that the free market has failed, Health insurance costs are rising as a result of a failure of the free market. Both of which are completely false. They where quite successfully in spouting rhetoric about the free market being unstable and unable to work on it's own. It's the high misconception that has tricked so many people into voting for more regulations without looking at evidence
@greaterwhiter1 Our very own healthcare system is becoming more expensive BECAUSE of government being heavily involved. The FDA so far has failed in achieving it's initial goal by protecting people. It has blocked some and many bad drugs. But it has also blocked many more good drugs while heavily stalling advancements within the medical field.
@greaterwhiter1 it and many other governmental agencies are responsible for many of those ridiculous prices that have now resulted and FORCED people to be on some type of insurance program that would guarantee the hospitals and pharmaceutical companies stable income.
And again i'm not defending businesses that try to get politically involve to protect it's self somehow from competition. We would have far more smaller buisinesses competing if we got rid of most regulations.
@greaterwhiter1 Because as you may or may not know. The only thing that most regulations and minimum wages do not impact as much, Are the larger businesses sitting up top. In fact some of them VOTE for maintaining regulations, Because it keeps many competitors at bay or prevents other smaller businesses from achieving huge success. Because by then. The bigger guys would of bought the little one out because of financial instability due to heavy taxing regulations.
@Fenria14 But it's funny to how everyone thinks i'm in defense of wallmart, Which i could care less. the point is free trade and allowing markets to work with little government interference. I also used to work for target, I obtained skills then moved on to a higher paying job.
@Fenria14 You also seem to forget that by allowing wallmart or any other foreign retailer to operate. You are in effect creating jobs. Wallmart buys many fabrics from local indian manufacturers thus contributing to the global operations of free trade. But really Costco is a far better example since walmart tends to leave everyone with a bad taste in their mouth.
the only thing that this supposed "contribution" has brought the world is massive population growth and together with that, more and more underprivileged people with no means of education and no easy way out of their inherited poverty.
@greaterwhiter1 Again there is NO system in history and i challenge you to find one, That has brought people out of poverty than Free trade. Every prosperous society has had large portions of free trade. The problems in india today are NOT a result of it, But rather a result of restricting it and limiting peoples freedom to choose.
@Fenria14 Costco Sell large quantities of items at very low cost, Since costco works iwth many other manufacturing companies. They benefit even more, Exchange is what drives an economy, Those are suppliers being fed with demand and in turn they must produce a certain type of product from what is demanded by their customers, the trade off is that everyone gets what they want. The manufacturer gains profit as well as the retailer. And the consumer gets the product.
@Fenria14 A society that opens it's self up to trade becomes far more culturally diverse which can benefit it on all ends. Wallmart will only keep it's doors open if people are willing to buy from them. Same as any other business. Without people buying from them then walmart is powerless. You cannot force people to not buy from someone. It's complete dark age bullshit.
@tehatemachine People buy at the margin, they don't consider what buying a basic day's groceries at walmart will do to their microeconomy and ultimately their culture- who does? It's not dark age bullshit, it's simle consumerism. Nobody realised what their banks lending them extortionate amounts of money that couldn't be paid back would do to the world economy. I hope walmart never comes to my country.
@eithnejack Economists disagree. It's government stepping in and getting involved that really screws things up. That's why many small businesses cannot compete. Because of heavy burdening regulations. India has been WORSE off by going the same path by limiting business up into recently. Yet over and over people make the same mistakes trying to "protect" their economy from foreign competitors. The only way to improve society is by competition. Small businesses can compete.
@tehatemachine Ah, more Bernays style propaganda. You people who parrot this Bernays / elitist / corporatist crap are hilarious. Next you'll be telling us that what's best for corporations is best for everyone, right?
@eithnejack the shop owners don't realize that they can compete in a different way. People do shop at many small businesses that are tuned to a specific market by the products they sell for a reason. Because the services that person provides will be better based upon their performances in the service criteria. If that guy at the local hardware store knows more than someone else at home depot with a specific. Item. Then i'm going to go there instead because it is more convenient
@tehatemachine That whole theory is based on a leap of faith - that the produce provided by the local tradesmen is enough to entice customers away from the convenience of having almost everything in the one place. Those who over specialise wont survive something wallmart.
@eithnejack But many of those companies who where concerned with wallmart moving in don't even sell the same product as wallmart. Walmart doesn't have huge variety of spices. They mostly sell Electronics, Change oil, and other household accessories. How on earth is this really going to "hurt" A spice store? India cannot go back to the same mistakes it once did by letting government decide what's fair. That is NOT fair at all. someone has to decide what's fair and it isn't you or me.
@eithnejack There is a place in the market for both, "protecting" people from making their own choices is the problem that has been going on in this world since the beginning of man. De regulate indias economy and get rid of unnecessary governmental interference. And you will see huge growth, Slums turn into nice places to live, and india becomes a desirable place to live.
@tehatemachine The government is already interfering by allowing foreign buisnesses into the Indian economy. The whole premise of the question is not 'will India become a more desirable place to live' but 'will this destroy the Indian culture' - just because a country has become more like America doesn't mean it is necessarily better.
@eithnejack "The government is already interfering by allowing foreign buisnesses into the Indian economy." That Is NOT interference. That is allowing the market to work, And ever since they started allowing it to happen. The quality of life from the early 90's to present time has INCREASED, not declined. But still there are to many barriers in place that prevent exchange. That's why i always tell everyone who doesn't know, to study economics and the positive effects from free trade.
@tehatemachine The "positive" effects of free trade are that all manufacturing leaves your country for slave labor overseas, your products are cheap crap made by slaves, the main streets that emphasized your culture disappear, and corporations get filthy rich. Yeah, those sure are positive! I love it when working class people advocate for their own demise, it's hilarious.
@eithnejack There is NO other system that has been proven more effective throughout the history of human kind than fee market capitalism. India used to be a very big free trader through it's ancient history. The civilizations at those time spans freely traded with the arabs and many chinese and islanders.
@eithnejack As a result during that time there where many large cities with many portions of commerce, This was during the time when the dark ages where out and about in Europe. Because many of those European civilizations, where EXTREMELY restrictive and tyrannical.
@eithnejack you will find this pattern EVERYWHERE. Singapore. Hong Kong (which had very little limits on trade), Japan, Germany, United states, and many other places.
@eithnejack india could become the next. If they just allow the market to work instead of deciding who should or shouldn't do business. the same old bureaucratic decisions that brings you years behind.
@tehatemachine The fundamental problem with the free market is that it has an inherent 'selfish' prinicple, there is very little that can stand up to something like wallmart. The government needs to intervene to help small businesses to survive, it's the same reason for the implementation of the minimum wage and CAP - small farmers can't compete with large scale farmers from US/Australia so they need help.
@tehatemachine Hey, dude, then try it. Seriously. The only way you people are EVER going to learn how bad something really is is if you're forced to live through it. No amount of first hand accounts can ever convince fools of anything, and the world is full of fools these days. I've personally WATCHED big box stores like Wal Mart and Target DESTROY local economies and local culture. Try it for yourself. Just remember, what is destroyed can never be brought back.
@Fenria14 There is no evidence to back your claims unless the company somehow gets politically involved to snuff out competition. Otherwise you like everyone else will have to compete. If you cannot compete directly head on with just product. Then offer services to make up for the price. Every transaction within the market is voluntary. So nobody is "forced" to do anything unless it is by government.
@Fenria14 and also if you deregulate the economy, Smaller businesses will be able to sprout out really quickly giving us back the mom and pop era. Without the minimum wage standard mom and pop shops can hire more people to work for them, Thus in exchange the workers obtain skills to quickly move up to higher paying jobs.
in the 50's the minimum wage standard hardly effected people so more where able to grasp opportunity. Now it is harder than ever to find a job because of it.
@Fenria14 and the only ones who can afford those higher paying wages are the big corporate elites like you are saying. Over and over people make the same mistake with reading the title and not seeing the actual contents of a policy that sounds good on paper but does read out as the effects.
Indian politicians are all for sale. The reporter says, "It COULD destroy the small businesses..." We all know that it will. This will destroy the Indian economy.
Personally though. They should be Begging for a costco instead. PEOPLE LEARN ECONOMICS and the benefits of free trade. IF you impose protectionism. Your society will move BACKWARDS not forward in becoming a modern metropolis.
If Walmart is given the privilege to open stores in India then it will completely abolish family businesses and provide massive profits for the already huge enterprise. It's a scam that effectively takes away from the people in order to generate more profits for Walmart. This move would benefit the U.S. far more than it would benefit the Indian people. The U.S. needs to sincerely fuck off and worry about the well-being of their own people before they try convince other countries otherwise.
@DOPEFRESHBRAH "If Walmart is given the privilege to open stores in India then it will completely abolish family businesses and provide massive profits for the already huge enterprise." That is the same rhetoric that the indian government has been putting out BEFORE they opened up their markets and After their independence from Brittan. Now look at them. The quality of life has jumped up. People can now afford things they NEVER where able to afford. Protectionism doesn't work. look at northkorea
Maybe you should visit north korea instead of spouting all the nonsetical propaganda you saw on tv.I don't agree with soviet style economic but North Korea is doing well and there is no starving people at all when I went there 2 years ago
They could do a lot better if the sanctions were lifted but they're doing all right even with the sanctions.
Wow! Build your domestic infrastructure? What an idea, I wonder where else that might work? Maybe America? How about we send our drug companies and banks to India, THAT will help them too... not.
@CounterCultureLives Should walmart help anyone more than these shop owners? Of course they do. Those who voluntarily pay for something get what they want in exchange. Wallmart is not a person. Forget about wallmart having any thought or feeling. it does not it is merely a set of buildings. And the whole argument is. Why are people trying to protect to others from going into wall mart? You want to decide for someone else what is best for them which is sickening.
Its not about walmart but india is raging war against western business in india except OUTSOURCING business. Local indian traders deal with indian-black-money trades where they don't provide you receipt of their deal/transaction and thus save TAX or add to indian-black-money/shadow economy business, while western nations don't know how to do india-black-money trades! Therefore indian traders are up-in-arms against western clean trade backed by indian politicians, india likes OUTSOURCING US jobs
@sjsrana the problem is if you have to many laws that encourages people to do immoral behavior like you described. Prohibition never worked in the United States. India's government aiming for equality by various measures like protectionism policies that never worked either.
The capitalist movement is happening in India whether or not western companies go there, and it's the locals who are facilitating it. The worlds most expensive home is in Mumbai.
Why the fuck would indians ask wallmart if they want supermarkets ?? can't they get their own storehouses and put stuff for sale in it ? How stupid can ppl be
The introduction of supermarkets, or hypermarkets, is the end of society. It centralizes consumption and makes everyone dependent, on cars as well. Wherever McDonalds, Walmart, etc.. show up, it makes like cheap and ugly. Resist.
@PatriotsDomain I only shop at walmart for specific items like black cargo pants. Everything else i buy is at costco. Funny how nobody says anything bad about costco.
@Snafuski It amases me how the quality of life in the U.S has Drastically jumped despite all of the people saying that it is terrible. The stuff people have now (ipod's iphones, computers) They never had back then. Yet people STILL whine and complain that their starbucks coffee doesn't have soymilk in it. That their salad isn't organic, that this water isn't "clean enough by reverse osmosis" And now it goes on to complaining about how "big corporations" are destroying America.
@tehatemachine if people are whining and complaining about a lack of soymilk in their coffee or their salads aren't organic, I'm pretty sure it's a small percentage.
@ShawMumfordEvan oh it's a pretty damn large percentage. Especially here in California. I only demand good quality gooods and a very reasonable price. If the supplyer cannot do that then I will simply not buy from them. Same case with wallmart. Especially how alot of the shit they sell isn't on my standards of quality. Everything (almost everything) costco carries is TOP NOTCH. You think you're paying more there but you save alot in the long run.
@tehatemachine Nonsense. I do not measure the quality of life from the crap i may or may not buy, but on the quality of living itself, state of roads, presence of public transpoertation, cleanliness of water, presence of a rich and diverse culture. Walmart is the pits, plain and simple. And it destroys jobs and supports a totalitarian regime: China. People should have the balls to boycott that.
@Snafuski "I do not measure the quality of life from the crap i may or may not buy," Oh but you do. Without food you will starve. Without clothing you will be cold. Government does NOT create the prosperity that you enjoy. It is the free market,
"And it destroys jobs and supports a totalitarian regime" You need to research economics, The market isn't a zero sum factor to where the other person MUST loose. It is a system of exchange. Nobody hordes money.
@Snafuski Everyone wins in the free market. Those who do not do a better job will be rewarded less but those who preform better will. And like i said. Small businesses do carry certain advantages over wallmart. The primary point is having an open free market with opportunity inorder to be prosperous. Businesses can only beat you two ways. A. through competition or B asking for the government to impose a tariff or regulation against you.
the beauty of capitalism is that you always have a CHOICE to shop where u want to. If you don't want to shop from walmart, you dont have to. Would Walmart putMacy's or Loius Vitton out of business? lol . I think not.
Dependency on cars is a problem of corruption or lack of government interference in social and economical development of a state.Artificially increasing the price of cars via EU style bogus "safety standard" or high monthly taxes for owning a car would drastically decrease the number of cars in the state.A serious public transportation reform and government monopoly over trains and busses would fix a lot of issues despite being "unfair"
@Thelastcrusader89 I agree, barring one thing: the bogus safety standards. I remember roads in the 60s and 70s in Europe (wheere I grew up) . France something like 35,000 people killed each year. Cars were junk, and it was Chaban Delmas who finally put a stop to it. Serious public transportation will be needed . The car is an outdated model, because it has been poorly handled by the industry and consumers. Long discussion...
That would only be a bad thing with a nationalized healthcare like france, higher mortality rate is good for capitalism as people have shorter lifespan and higher productivity.
But when it comes to transportation and distribution, I think a properly managed fascist state like nazi germany or singapore would be better.I would even advocate abolishing private transportations and forcing everyone to use electric buses for maximum efficiency and less pollution
@Thelastcrusader89 Nothing fascistic or totalitarian about public transportation. It's makes a lot more sense than the automobile in many cases, I use it all the time.---. Good governance is a necessity. Also, we will have to ,learn to consume differently.... The inefficiency of the capitalist system is what makes it incredibly fragile. Swiss aluminum made in Iceland from bauxite mined in Australia... You've got to be kidding!!
Yeah, walmart will destroy small businesses, just like they did here in the USA. But its only fair that India allows US companies in there market since we allow India goods in ours. We now buy most of our steel, call centers, window films, plastics from India and many America's lost there jobs and they gained jobs. This is a two way street and if U S companies are not allowed there we should stop all goods from entering our country. Who has more to lose?
@hungryhobo82 "Yeah, walmart will destroy small businesses, just like they did here in the USA." Wallmart did NOT destroy small businesses. Government intervention did and high minimum wage rates.
@CounterCultureLives "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest".
Adam Smith
this guy over 200 years ago GOT IT. Apparently you do not.
@CounterCultureLives And again i don't buy most of my things from wallmart. There are however a select few items that only they stock that I buy. I get most of my stuff from costco because that warehouse store is KNOWN for carrying the highest quality goods. indian people should be asking for both. Because those are jobs either way for people. And they've done quite well in recent years in opening up their market to free trade.
***Open your Eyes Americans*** Will Israel Assassinate Obama? youtube.com/watch?v=IheJ2Rohz1c Israeli Terrorism Against America youtube.com/watch?v=fvItZ2GS88A Note: if above link does not work then type the heading of the video in the search field of You Tube to find this video. 1 - Lavon Affair 2 - USS Liberty incident 3 - Jonathan Pollard 4 - Stewart David Nozette 5 - advance knowledge of 911 go to wikipedia . org search for above events God Bless America
Being from North America I see first hand what Walmart has done to our economy, it wiped it out, there are no small shops here either unless you somehow have something that Walmart doesn't. So if you want to wipe out you "growing middle class" just bring in Walmart, don't listen to the idiotic Neo Liberal dolts who say otherwise, they live with ideological blinders on.
@Crashbanksbuysilver Destroy india? Aren't you exaggerating a tad bit? There's no reason why a practical Indian consumer should object to increased product diversity available at cheaper prices. I'm no fan of Walmart or capitalism in general, but I just find arguments like yours suffering from similar "ideological blinds"
NO exaggeration, not one bit, the slightly lower prices didn't help us a bit, they are going up again (the prices) and we have no jobs to show for it because everything else is closing. I have no ideological blinds, I have seen the results from beginning to end.
These poor people... WAIT. These are poor people. Why wouldn't cheap, abundant goods improve their lives...? Why not let them benefit from comparative advantage and economies of scale?
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It's like the only thing people on this thread don't want is to let Indian people CHOOSE for themselves.
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And I'm sure millions of new jobs will just hold women down over there anyway. Thousands of women entering an expanding work force has NEVER strengthened sex equality in the past...
Are people realizing now that RT is full of shit that over exaggerates stories but only talking about bad american things and not informing the public on the corruption in Iran and China or what? Do idiots think they're above the mainstream by watching the exact opposite. Its STILL BIASED AND UNFAIR! How many pro Americans does RT bring on for talking points? NONE
@TheEllampalli that bullshit is told from a fat american consumerist's perspective. Globalisation is the filth of capitalism. Do you see american culture? If you want to keep India's culture alive, you better not let this shit in.
--#_#--> Those politicians behind the move have gone on ebay, bought new knee pads and sucked Uncle Sams small white dick....This is like giving someone a time bomb in a gift box!!!
--#_#--> So I guess you want Indians to give up their businesses and work for the coorporate giants in their stores to earn the minimum of wages.......who would turn that offer down!!!
Folks its not about walmart alone, indian traders are opposing Western Clean Money in india, since most of local traders with india-black-money, yes their transaction is protected from TAX as they never hand-out formal receipt of transaction. FDI means clean transactions and FAIR competitive prices which is opposed by local indian traders backed by indian politicians. India has over 2 Trillion US$ shadow/black-money-economy! They just want OUTSOURCING business from US, that's-end-of-story!
All you suckers who hate Walmart - consumers choose to buy at Walmart, that's why it is the most successful store in the world. It is the State who disadvantages small businesses against big ones with regulation and taxes, the big ones can afford it.
That's not entirely true, Wal mart pays for a politician's campgain and they give Wal mart state subsidies after they won.I consider that to be unfair business practice
The united states is not a capitalist country, it is a fascist country where the government enslave the working class and use their tax money to give the rich welfare in the form of subsidies and bailouts
Did you see the open fresh and dried vegetables and fruits? I'd love to go shop there.
They need to put the taxes down to zero, and those shops would have nothing to fear from Wallmart. Only the difference in taxes (exemption for Wallmart) made Walmart the brand it is today.
We have Tesco/Lotus, Carrefour, Macro, Ikea in Thailand. Walmart we have not yet. Actually, it is great help to people and small shops either. Small shops buy in Macro and distribute locally many useful things. Prices drop for goodness of all customers. If some middlemen are not happy, I do not care. Remove these parasites from economy and arrange shorter chain supply of products to customers via nets like Walmart, Ebay, you name it.
@freediver57 And all those well paying jobs at the 7-11 are what humankind really needs. Hey it's a CAREER!
Destruction of the social fabric is progress yes?
I for one believe that Thailand would be better off without these vultures.
Higher prices yes, but better paying jobs as well.
More money to go AROUND.
And as soon as they've strangled and squeezed out the competition the prices will rise, quality suffer, children get REALLY FAT and sickly (ring a bell?)
@AceHoale If people go to school only to condition their mind instead of to learn thinking and science, they go to 7-11 and serve to society in their way. Reform of an archaic society is progress! Thailand do suffer from feudal division to nobles and commoners very much similar to India. Tesco/Lotus is a way to show people that there is a way of productive life and higher efficiency. You want higher prices for low quality service - go to Russia. Learn from them how to build a feudal society.
@AceHoale Certainly I do not understand how people in India can hate Americans? If not outsourcing from Western countries and technology transfer: what will be India now? Nobody push stupid people to drink Cola and eat in MacDonald. I never do so. I eat fruits and drink water. But there should be some natural selection, shouldn't be? Recently, we got a new Tesco/Lotus shop in our village. I buy fresh squids over there. At market the same product is more expensive and of suspicious freshness.
Most Malls in India are Museums because only the 1% elite can shop in them. They occupy valuable space that could be used to build reasonably priced homes for the working middle class who cannot even afford rents as real estate sharks have grabbed all the land in the cities and driven the prices to New York real estate rates! What use is Wal Mart when 47% of the children are underfed and many farmers are committing suicide running losses whilst the rice they grow is given away free for votes?
OMG! capitalist won't stop! They want to turn every human being in the world, in every country into a minimum wage slave! Keep your small businesses people! Working for some jerk for minimum wage sucks! Don't believe anything of what they promise! They lie! They want your money! What do you think 'cut the middle man' means? They want to take all your jobs, and make you work for them for much, much less, of what you could make if you were still the owner of your small business.
Many predicted that small businesses would take a Hit when Big Bazaar would open up. What happened ? You stills see small businesses running fine. The same will happen if you bring in FDI ! They create a higher standard of living and creates more jobs !
Bring in all FDI ! Let's transform India into a Modern Progressive Nation :)
I don't agree. here in US big box business kills a LOT of small ones. Why do you think the economy is so bad. Monopoly is bad, small business is better.
@greaterwhiter1 Well, India has a lot of diversity unlike U.S, High Income Group, Middle Income Group, Low Income Group people. These small business will continue to cater the needs of small income and middle income groups while high - middle and high income groups can benefit a lot from Foreign Direct Investment Companies like Walmart etc..
Also, It shocks the stagnant economy and Infrastructure of India to make way for a better one than what exists now, Raising living standards of people.
@greaterwhiter1 But small buissiness doesnt make economies grow massively like the US, Big bussiness plays a part as well as long as they dont leave the country for others
The Indian people have to decide if they care about their culture and future -- probably not, because they may be able to save a few pennies at walmart at the cost of becoming slaves to the political corruption of walmart. Fuck Obama for supporting walmart
If only you had smelly vision. The smell of vomit in India is everywhere! Oh and the politicians are just as corrupt as U.S. politicians and probably just stupid.
It's EXACTLY like having a big fish eat the small ones. Let India be economically independent, otherwise what the hell was independence for in the first place?
It might be a good thing to let all those shops be closed down and a megastore like wal mart be dominant.Those small stores are owned by the upper caste and they discriminate against the Dalits.
Wal Mart would never deny anyone a job as long as they're willing to work long hours for peanuts.
@Thelastcrusader89 the dalit problem is obviously something we're all not proud of but at the same time, it's down died considerably every since all of India was impoverished in 1948. It's mainly tribal, but we do see it time to time within cities. If that's your primary reason to open Wal-Mart, though, you'll need some more convincing.
I recommend you guys think well about this matter if you need to re-organize the country distributions. It breaks the historical way of living but more modern life and business chances to people. I honestly think this matter could be solved well for India, as you guys have been good in taking care of your healthy life!
There are also un-manned vegetable coin lockers that sells local farmer's fresh veggies picked in the morning. It is fresh and cheap to buy, and farmers might get
some money. It could be well done if nobody breaks the coin locker!
i say go for it. If walmart can provide a cheaper good then the consumer will chose Walmart. But maintain the free market, watch out for monopolies, if the govt begins to favor walmart destroy it!
LordKaisen 1 week ago 3
First of all, Walmart and Tesco will destroy India by taking cutting off and ultimately destroying the occupation and income of lakhs of small outlets and retailers. Secondly and most importantly, they will drain the revenue generated out of India to USA and UK respectively.. so a big NO to Walmart and Tesco.
aeromindz 1 week ago
RONALD REAGAN SOLD THE US JUST LIKE THE PRODUCTS HE USED TO SELL ON TV BEFORE HE GOT THE TITLE OF PRESIDENT.
greaterwhiter1 2 weeks ago
You people who think that "consumer choice" is the font of all things glorious, you're hilarious. Ah, to revel in self love. To think only of the self. To tell your community and culture to screw off. It's all about you, right? Your own private world where you can play Ayn Rand all day, pretending that you're more important than others, more important than society, more important than those piffling "little people", right? Edward Bernays would be proud.
Fenria14 2 weeks ago
I'm Indian - what that shopkeeper isn't admitting is that he and his family survive on the backs of others who are denied consumer choice. They are forced to pay higher prices with him, whereas WalMart could lower the costs they pay for their goods, including basic food staples. Shopkeepers who survive by denying others consumer choice are only living on the backs of other peoples' deprivation.
manofsan 3 weeks ago 8
@manofsan you are sadly misinformed and delusioned about walmart. there are some good documentaries that detail how walmart is not good for the economy, the people or small family owned businesses.
peacerebelgirl 2 weeks ago
@peacerebelgirl, why don't you give me these reasons directly, rather than citing unnamed documentaries like a fool. Please state to me how a more efficient supply chain which provides lower prices to consumers is undermining the economy. There are far more consumers than shopkeepers, and so there would be a net gain from WalMart mass-retail entities. Otherwise, you are depriving a larger number of consumers just to protect a smaller number of shopkeepers. That's not fair.
manofsan 2 weeks ago
@manofsan pardon me but a fool is someone who blindly supports a malign corporation like walmart without getting all the facts. do your research rather than asking someone to do it for you.
peacerebelgirl 2 weeks ago 2
@manofsan i'll help you get started: 'Wal-Mart: The High Cost of Low Price' and Frontline's 'Is Wal-Mart Good For America?'.
peacerebelgirl 2 weeks ago
I'm an Indian and I totally support Walmart and other FDI in India !
People should realize that India is different from U.S, Indian Goods are comparable or probably even cheaper than Walmart. So it would be safe to assume both Local businesses and Walmart can co-exist. It's always nice to have diversity, It caters to different Strata of People :)
forgottenmemories63 3 weeks ago
@forgottenmemories63 LOL, wait until you have American style diversity in your country. You'll be loving it! Especially the crime rates. I'm sure you'll be loving those the most!
Fenria14 2 weeks ago
@Fenria14 What do Crime rates have anything to do with Diversity of Consumer Products, Increased Standards of Living or Development of a Nation ?
forgottenmemories63 2 weeks ago
@forgottenmemories63
because the supposed increase of the standard of living is a complete lie! the only change will be class division and the county will be divided economically to make it an easier target to foreign interests. Indian people will be separated and conquered. thanks to some sold out Indian politicians ;)
greaterwhiter1 2 weeks ago
@forgottenmemories63
that's how it starts. wait and you will see. Im ashamed of how ignorant people are. :( Now you say small business prices are lower or comparable, wait until walmart starts lobbying in India and the small business prices are forced up through legislation. You have no idea of what is to come to you. Good luck. you will need a lot of it if you allow Walmart to enter India. BTW 21th century wars are being fought economically.
greaterwhiter1 2 weeks ago
Walmart murders small business here in the US, so how anyone can claim it won't do the same in another country is beyond me. I would like to know their supposed "logic" behind that claim. I hope for the sake of the small business owners, India can keep Walmart out at least for a long time.. I would say forever, but that seems highly unrealistic, depressing as it may be.
BreakerInc 3 weeks ago
Wallmart really knows its way in today's global market. They go to a country which is getting richer so they can make some profit from the population. Actually they are so rich that can keep prices artificially low (just at the edge of profit) to bankrupt competitors, create a monopoly exploiting cheap labor (due to bankruptcy) and making filthy huge profits in few years! Way to go sport!
loopantenna 3 weeks ago
@loopantenna
It's a lot more complex in asia and russia so there is no way that they will be able to get a monopoly.Wal Mart entered china and they didn't even manage to kill the small businesses.
Wal Mart is successful in america coz they sell made in china goods dirt cheap to kill off competitors who sells made in america goods.Workers get paid almost nothing in india so india could produce goods as cheap as china and that alone takes away Wal Mart's advantage
Thelastcrusader89 3 weeks ago
Don't let Wal-Mart in your country watch?v=Hftb_DVuelo.
5687678 3 weeks ago
India! Don't give up your unique culture for Wal Mart!!! What you guys have there is more than just small shops, it's a way of life, it's heritage, it's the essence of you. Local street culture can never be bought and it can never be replaced when lost. Here in the US, there is NO culture. There are no true neighborhoods or communities. No one knows each other. Everyone is an island unto himself. Don't let that happen to your country and your way of life! Don't sell out your people!
Fenria14 3 weeks ago
@Fenria14 "Here in the US, there is NO culture." What a load of horse shit, There where MANY cultural eras in such a short span of time. You clearly have not a smidgen of knowledge on the subject you are talking about. ever hear of the 50's/60 post war pop era? Hmm? What about the 70's, Then leading on to the 80's which there where MANY cultural cliques at that time. Just because you live in a bad spot doesn't mean you can judge all of the land. There is various terrain on the planet.
tehatemachine 3 weeks ago
@tehatemachine I live in the US, you dunce. I live in the cities that are burned out hulks of what they once were, where street culture is dead and no one knows each other. Wal Mart has contributed to this heavily. Go ahead, try it. I don't care. Destroy your culture. Homogenize and standardize your society into non existence. See what you get. I don't live in India. I don't really care. I'm just warning you of the outcome since I've seen it first hand.
Fenria14 2 weeks ago
@Fenria14 Privitization has NOTHING to do with dead street culture. In fact it is what gave LIFE to it. Government heavily taxing, Bloating it with regulation, As well as social service programs (welfare) Have EVERYTHING to do with Cities in the U.S not being what they once where.
If you want to know a clear example of how privatization keeps things neat and tidy. Look at Tokyo japan. Mostly ALL of it is in the hands of private individuals. and it is indeed very clean.
tehatemachine 2 weeks ago
@tehatemachine
ACTUALLY deregulation was what caused the financial collapse of 2008. massive "bailouts" with tax payer money were given to the same companies that killed small businesses while these companies went on ahead to buy entire jet flotillas and be caught up in prostitution and cocaine rings. what do you think they use the money for? to help you go to school an become whatever you want?
greaterwhiter1 2 weeks ago
@greaterwhiter1 'ACTUALLY deregulation was what caused the financial collapse of 2008" Are you talking about the U.S or india? The U.S financial DECLINE not collapse. Was caused by the artificial housing bubble that finally burst. You guys have to understand. There is no permanent solution with government involvement. Only tradeoffs and effects taht have done more harm than good. Most ALL monopolies throughout history that where created had some form of government interference.
tehatemachine 2 weeks ago
you are right it was given the name "financial crisis". I mean that large "pillar" companies collapsed. you talk about "house bubble", but what about student loans and credit card debt, insurance and medical expenses, social security and benefits? these people at the top have heavy ties to companies that lobby to change laws and allow deregulation to create the "artificial financial systems" in which they profit at the expense of whom ever (small businesses, slave labor, etc)
greaterwhiter1 2 weeks ago
@greaterwhiter1 "house bubble", but what about student loans and credit card debt, insurance and medical expenses, social security and benefits?house bubble", but what about student loans and credit card debt, insurance and medical expenses, social security and benefits?"
Social security and Student loans are GOVERNMENT run, With the exceptions of private loans which are different.
tehatemachine 2 weeks ago
@greaterwhiter1 Also it's funny how so many people have been tricked by our very own government that the free market has failed, Health insurance costs are rising as a result of a failure of the free market. Both of which are completely false. They where quite successfully in spouting rhetoric about the free market being unstable and unable to work on it's own. It's the high misconception that has tricked so many people into voting for more regulations without looking at evidence
tehatemachine 2 weeks ago
@greaterwhiter1 Our very own healthcare system is becoming more expensive BECAUSE of government being heavily involved. The FDA so far has failed in achieving it's initial goal by protecting people. It has blocked some and many bad drugs. But it has also blocked many more good drugs while heavily stalling advancements within the medical field.
tehatemachine 2 weeks ago
@greaterwhiter1 it and many other governmental agencies are responsible for many of those ridiculous prices that have now resulted and FORCED people to be on some type of insurance program that would guarantee the hospitals and pharmaceutical companies stable income.
And again i'm not defending businesses that try to get politically involve to protect it's self somehow from competition. We would have far more smaller buisinesses competing if we got rid of most regulations.
tehatemachine 2 weeks ago
@greaterwhiter1 Because as you may or may not know. The only thing that most regulations and minimum wages do not impact as much, Are the larger businesses sitting up top. In fact some of them VOTE for maintaining regulations, Because it keeps many competitors at bay or prevents other smaller businesses from achieving huge success. Because by then. The bigger guys would of bought the little one out because of financial instability due to heavy taxing regulations.
tehatemachine 2 weeks ago
@Fenria14 But it's funny to how everyone thinks i'm in defense of wallmart, Which i could care less. the point is free trade and allowing markets to work with little government interference. I also used to work for target, I obtained skills then moved on to a higher paying job.
tehatemachine 2 weeks ago
@Fenria14 You also seem to forget that by allowing wallmart or any other foreign retailer to operate. You are in effect creating jobs. Wallmart buys many fabrics from local indian manufacturers thus contributing to the global operations of free trade. But really Costco is a far better example since walmart tends to leave everyone with a bad taste in their mouth.
tehatemachine 2 weeks ago
@tehatemachine
the only thing that this supposed "contribution" has brought the world is massive population growth and together with that, more and more underprivileged people with no means of education and no easy way out of their inherited poverty.
greaterwhiter1 2 weeks ago
@greaterwhiter1 Again there is NO system in history and i challenge you to find one, That has brought people out of poverty than Free trade. Every prosperous society has had large portions of free trade. The problems in india today are NOT a result of it, But rather a result of restricting it and limiting peoples freedom to choose.
tehatemachine 2 weeks ago
@Fenria14 Costco Sell large quantities of items at very low cost, Since costco works iwth many other manufacturing companies. They benefit even more, Exchange is what drives an economy, Those are suppliers being fed with demand and in turn they must produce a certain type of product from what is demanded by their customers, the trade off is that everyone gets what they want. The manufacturer gains profit as well as the retailer. And the consumer gets the product.
tehatemachine 2 weeks ago
@Fenria14 A society that opens it's self up to trade becomes far more culturally diverse which can benefit it on all ends. Wallmart will only keep it's doors open if people are willing to buy from them. Same as any other business. Without people buying from them then walmart is powerless. You cannot force people to not buy from someone. It's complete dark age bullshit.
tehatemachine 3 weeks ago
@tehatemachine People buy at the margin, they don't consider what buying a basic day's groceries at walmart will do to their microeconomy and ultimately their culture- who does? It's not dark age bullshit, it's simle consumerism. Nobody realised what their banks lending them extortionate amounts of money that couldn't be paid back would do to the world economy. I hope walmart never comes to my country.
eithnejack 3 weeks ago
@eithnejack Economists disagree. It's government stepping in and getting involved that really screws things up. That's why many small businesses cannot compete. Because of heavy burdening regulations. India has been WORSE off by going the same path by limiting business up into recently. Yet over and over people make the same mistakes trying to "protect" their economy from foreign competitors. The only way to improve society is by competition. Small businesses can compete.
tehatemachine 3 weeks ago
@tehatemachine
eithnejack 3 weeks ago
@tehatemachine Ah, more Bernays style propaganda. You people who parrot this Bernays / elitist / corporatist crap are hilarious. Next you'll be telling us that what's best for corporations is best for everyone, right?
Fenria14 2 weeks ago
@eithnejack the shop owners don't realize that they can compete in a different way. People do shop at many small businesses that are tuned to a specific market by the products they sell for a reason. Because the services that person provides will be better based upon their performances in the service criteria. If that guy at the local hardware store knows more than someone else at home depot with a specific. Item. Then i'm going to go there instead because it is more convenient
tehatemachine 3 weeks ago
@tehatemachine That whole theory is based on a leap of faith - that the produce provided by the local tradesmen is enough to entice customers away from the convenience of having almost everything in the one place. Those who over specialise wont survive something wallmart.
eithnejack 3 weeks ago
@eithnejack But many of those companies who where concerned with wallmart moving in don't even sell the same product as wallmart. Walmart doesn't have huge variety of spices. They mostly sell Electronics, Change oil, and other household accessories. How on earth is this really going to "hurt" A spice store? India cannot go back to the same mistakes it once did by letting government decide what's fair. That is NOT fair at all. someone has to decide what's fair and it isn't you or me.
tehatemachine 3 weeks ago
@eithnejack There is a place in the market for both, "protecting" people from making their own choices is the problem that has been going on in this world since the beginning of man. De regulate indias economy and get rid of unnecessary governmental interference. And you will see huge growth, Slums turn into nice places to live, and india becomes a desirable place to live.
tehatemachine 3 weeks ago
@tehatemachine The government is already interfering by allowing foreign buisnesses into the Indian economy. The whole premise of the question is not 'will India become a more desirable place to live' but 'will this destroy the Indian culture' - just because a country has become more like America doesn't mean it is necessarily better.
eithnejack 3 weeks ago
@eithnejack "The government is already interfering by allowing foreign buisnesses into the Indian economy." That Is NOT interference. That is allowing the market to work, And ever since they started allowing it to happen. The quality of life from the early 90's to present time has INCREASED, not declined. But still there are to many barriers in place that prevent exchange. That's why i always tell everyone who doesn't know, to study economics and the positive effects from free trade.
tehatemachine 3 weeks ago
@tehatemachine The "positive" effects of free trade are that all manufacturing leaves your country for slave labor overseas, your products are cheap crap made by slaves, the main streets that emphasized your culture disappear, and corporations get filthy rich. Yeah, those sure are positive! I love it when working class people advocate for their own demise, it's hilarious.
Fenria14 2 weeks ago 4
@eithnejack There is NO other system that has been proven more effective throughout the history of human kind than fee market capitalism. India used to be a very big free trader through it's ancient history. The civilizations at those time spans freely traded with the arabs and many chinese and islanders.
tehatemachine 3 weeks ago
@eithnejack As a result during that time there where many large cities with many portions of commerce, This was during the time when the dark ages where out and about in Europe. Because many of those European civilizations, where EXTREMELY restrictive and tyrannical.
tehatemachine 3 weeks ago
@eithnejack you will find this pattern EVERYWHERE. Singapore. Hong Kong (which had very little limits on trade), Japan, Germany, United states, and many other places.
tehatemachine 3 weeks ago
@eithnejack india could become the next. If they just allow the market to work instead of deciding who should or shouldn't do business. the same old bureaucratic decisions that brings you years behind.
tehatemachine 3 weeks ago
@tehatemachine The fundamental problem with the free market is that it has an inherent 'selfish' prinicple, there is very little that can stand up to something like wallmart. The government needs to intervene to help small businesses to survive, it's the same reason for the implementation of the minimum wage and CAP - small farmers can't compete with large scale farmers from US/Australia so they need help.
eithnejack 3 weeks ago
@tehatemachine Hey, dude, then try it. Seriously. The only way you people are EVER going to learn how bad something really is is if you're forced to live through it. No amount of first hand accounts can ever convince fools of anything, and the world is full of fools these days. I've personally WATCHED big box stores like Wal Mart and Target DESTROY local economies and local culture. Try it for yourself. Just remember, what is destroyed can never be brought back.
Fenria14 2 weeks ago
@Fenria14 There is no evidence to back your claims unless the company somehow gets politically involved to snuff out competition. Otherwise you like everyone else will have to compete. If you cannot compete directly head on with just product. Then offer services to make up for the price. Every transaction within the market is voluntary. So nobody is "forced" to do anything unless it is by government.
tehatemachine 2 weeks ago
@Fenria14 and also if you deregulate the economy, Smaller businesses will be able to sprout out really quickly giving us back the mom and pop era. Without the minimum wage standard mom and pop shops can hire more people to work for them, Thus in exchange the workers obtain skills to quickly move up to higher paying jobs.
in the 50's the minimum wage standard hardly effected people so more where able to grasp opportunity. Now it is harder than ever to find a job because of it.
tehatemachine 2 weeks ago
@Fenria14 and the only ones who can afford those higher paying wages are the big corporate elites like you are saying. Over and over people make the same mistake with reading the title and not seeing the actual contents of a policy that sounds good on paper but does read out as the effects.
tehatemachine 2 weeks ago
Indian politicians are all for sale. The reporter says, "It COULD destroy the small businesses..." We all know that it will. This will destroy the Indian economy.
itsanameisntit 3 weeks ago
Personally though. They should be Begging for a costco instead. PEOPLE LEARN ECONOMICS and the benefits of free trade. IF you impose protectionism. Your society will move BACKWARDS not forward in becoming a modern metropolis.
tehatemachine 3 weeks ago
Resist...
SaharaDeer 3 weeks ago
If Walmart is given the privilege to open stores in India then it will completely abolish family businesses and provide massive profits for the already huge enterprise. It's a scam that effectively takes away from the people in order to generate more profits for Walmart. This move would benefit the U.S. far more than it would benefit the Indian people. The U.S. needs to sincerely fuck off and worry about the well-being of their own people before they try convince other countries otherwise.
DOPEFRESHBRAH 3 weeks ago 2
@DOPEFRESHBRAH "If Walmart is given the privilege to open stores in India then it will completely abolish family businesses and provide massive profits for the already huge enterprise." That is the same rhetoric that the indian government has been putting out BEFORE they opened up their markets and After their independence from Brittan. Now look at them. The quality of life has jumped up. People can now afford things they NEVER where able to afford. Protectionism doesn't work. look at northkorea
tehatemachine 3 weeks ago
@tehatemachine
Maybe you should visit north korea instead of spouting all the nonsetical propaganda you saw on tv.I don't agree with soviet style economic but North Korea is doing well and there is no starving people at all when I went there 2 years ago
They could do a lot better if the sanctions were lifted but they're doing all right even with the sanctions.
Thelastcrusader89 3 weeks ago
@Thelastcrusader89 Wrong reply to the wrong person you made. I was defending the free market.
tehatemachine 3 weeks ago
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1991jmoney 3 weeks ago
dont get walmart!
hehefromhere 3 weeks ago
Wow! Build your domestic infrastructure? What an idea, I wonder where else that might work? Maybe America? How about we send our drug companies and banks to India, THAT will help them too... not.
buellfreak 3 weeks ago
"Will Walmart help India or destroy it?"
Since Sam Walton died, I don't remember when Walmart has helped anybody but Walmart.
CounterCultureLives 3 weeks ago 2
@CounterCultureLives Should walmart help anyone more than these shop owners? Of course they do. Those who voluntarily pay for something get what they want in exchange. Wallmart is not a person. Forget about wallmart having any thought or feeling. it does not it is merely a set of buildings. And the whole argument is. Why are people trying to protect to others from going into wall mart? You want to decide for someone else what is best for them which is sickening.
tehatemachine 3 weeks ago
@tehatemachine The fundamental question posed on this thread is:
"Will Walmart help India or destroy it?"
The answer is that Walmart will help Walmart. Not a matter of me "....wanting to decide for someone else what is best for them ......."
The question was posed; I posted my response.
CounterCultureLives 3 weeks ago
dont do it look what happened to little shop owners in the us the same thing will happen to them learn from mistakes you dummies
roostrand16001 3 weeks ago
Greedy American "WalMart" Jews Will Destroy and Consume India!!
michaeloflaherty 3 weeks ago
Its not about walmart but india is raging war against western business in india except OUTSOURCING business. Local indian traders deal with indian-black-money trades where they don't provide you receipt of their deal/transaction and thus save TAX or add to indian-black-money/shadow economy business, while western nations don't know how to do india-black-money trades! Therefore indian traders are up-in-arms against western clean trade backed by indian politicians, india likes OUTSOURCING US jobs
sjsrana 3 weeks ago
@sjsrana the problem is if you have to many laws that encourages people to do immoral behavior like you described. Prohibition never worked in the United States. India's government aiming for equality by various measures like protectionism policies that never worked either.
tehatemachine 3 weeks ago
The capitalist movement is happening in India whether or not western companies go there, and it's the locals who are facilitating it. The worlds most expensive home is in Mumbai.
mlawren7 3 weeks ago
Why the fuck would indians ask wallmart if they want supermarkets ?? can't they get their own storehouses and put stuff for sale in it ? How stupid can ppl be
stazzou 3 weeks ago
Big Box retailers vanquish small mom & pop enterprises,PERIOD.
kozofliberty 3 weeks ago
The introduction of supermarkets, or hypermarkets, is the end of society. It centralizes consumption and makes everyone dependent, on cars as well. Wherever McDonalds, Walmart, etc.. show up, it makes like cheap and ugly. Resist.
Snafuski 3 weeks ago 3
@Snafuski
I encourage everyone to shop anywhere but Wal-Mart. Their policies are anti-American.
PatriotsDomain 3 weeks ago
@PatriotsDomain I only shop at walmart for specific items like black cargo pants. Everything else i buy is at costco. Funny how nobody says anything bad about costco.
tehatemachine 3 weeks ago
@Snafuski It amases me how the quality of life in the U.S has Drastically jumped despite all of the people saying that it is terrible. The stuff people have now (ipod's iphones, computers) They never had back then. Yet people STILL whine and complain that their starbucks coffee doesn't have soymilk in it. That their salad isn't organic, that this water isn't "clean enough by reverse osmosis" And now it goes on to complaining about how "big corporations" are destroying America.
tehatemachine 3 weeks ago
@tehatemachine if people are whining and complaining about a lack of soymilk in their coffee or their salads aren't organic, I'm pretty sure it's a small percentage.
ShawMumfordEvan 3 weeks ago
@ShawMumfordEvan oh it's a pretty damn large percentage. Especially here in California. I only demand good quality gooods and a very reasonable price. If the supplyer cannot do that then I will simply not buy from them. Same case with wallmart. Especially how alot of the shit they sell isn't on my standards of quality. Everything (almost everything) costco carries is TOP NOTCH. You think you're paying more there but you save alot in the long run.
tehatemachine 3 weeks ago
@tehatemachine Nonsense. I do not measure the quality of life from the crap i may or may not buy, but on the quality of living itself, state of roads, presence of public transpoertation, cleanliness of water, presence of a rich and diverse culture. Walmart is the pits, plain and simple. And it destroys jobs and supports a totalitarian regime: China. People should have the balls to boycott that.
Snafuski 3 weeks ago
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@Snafuski "I do not measure the quality of life from the crap i may or may not buy," Oh but you do. Without food you will starve. Without clothing you will be cold. Government does NOT create the prosperity that you enjoy. It is the free market,
"And it destroys jobs and supports a totalitarian regime" You need to research economics, The market isn't a zero sum factor to where the other person MUST loose. It is a system of exchange. Nobody hordes money.
tehatemachine 3 weeks ago
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tehatemachine 3 weeks ago
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@Snafuski Everyone wins in the free market. Those who do not do a better job will be rewarded less but those who preform better will. And like i said. Small businesses do carry certain advantages over wallmart. The primary point is having an open free market with opportunity inorder to be prosperous. Businesses can only beat you two ways. A. through competition or B asking for the government to impose a tariff or regulation against you.
tehatemachine 3 weeks ago
the beauty of capitalism is that you always have a CHOICE to shop where u want to. If you don't want to shop from walmart, you dont have to. Would Walmart putMacy's or Loius Vitton out of business? lol . I think not.
karz12 3 weeks ago
@Snafuski
Dependency on cars is a problem of corruption or lack of government interference in social and economical development of a state.Artificially increasing the price of cars via EU style bogus "safety standard" or high monthly taxes for owning a car would drastically decrease the number of cars in the state.A serious public transportation reform and government monopoly over trains and busses would fix a lot of issues despite being "unfair"
Thelastcrusader89 3 weeks ago
@Thelastcrusader89 I agree, barring one thing: the bogus safety standards. I remember roads in the 60s and 70s in Europe (wheere I grew up) . France something like 35,000 people killed each year. Cars were junk, and it was Chaban Delmas who finally put a stop to it. Serious public transportation will be needed . The car is an outdated model, because it has been poorly handled by the industry and consumers. Long discussion...
Snafuski 3 weeks ago
@Snafuski
That would only be a bad thing with a nationalized healthcare like france, higher mortality rate is good for capitalism as people have shorter lifespan and higher productivity.
But when it comes to transportation and distribution, I think a properly managed fascist state like nazi germany or singapore would be better.I would even advocate abolishing private transportations and forcing everyone to use electric buses for maximum efficiency and less pollution
Thelastcrusader89 2 weeks ago
@Thelastcrusader89 Nothing fascistic or totalitarian about public transportation. It's makes a lot more sense than the automobile in many cases, I use it all the time.---. Good governance is a necessity. Also, we will have to ,learn to consume differently.... The inefficiency of the capitalist system is what makes it incredibly fragile. Swiss aluminum made in Iceland from bauxite mined in Australia... You've got to be kidding!!
Snafuski 2 weeks ago
Yeah, walmart will destroy small businesses, just like they did here in the USA. But its only fair that India allows US companies in there market since we allow India goods in ours. We now buy most of our steel, call centers, window films, plastics from India and many America's lost there jobs and they gained jobs. This is a two way street and if U S companies are not allowed there we should stop all goods from entering our country. Who has more to lose?
hungryhobo82 3 weeks ago
@hungryhobo82 "Yeah, walmart will destroy small businesses, just like they did here in the USA." Wallmart did NOT destroy small businesses. Government intervention did and high minimum wage rates.
tehatemachine 3 weeks ago
@tehatemachine Nice rhetoric; why don't you go to Walmart and hold a "Wally World Worship Service"?? Bring your flock of sheep with you!!
CounterCultureLives 3 weeks ago
@CounterCultureLives "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest".
Adam Smith
this guy over 200 years ago GOT IT. Apparently you do not.
tehatemachine 3 weeks ago
@CounterCultureLives And again i don't buy most of my things from wallmart. There are however a select few items that only they stock that I buy. I get most of my stuff from costco because that warehouse store is KNOWN for carrying the highest quality goods. indian people should be asking for both. Because those are jobs either way for people. And they've done quite well in recent years in opening up their market to free trade.
tehatemachine 3 weeks ago
Loss: Small businesses
Gain: lower prices, more employment, better paying employment, more and wider variety consumer goods.
Let it happen! Protectionism is one reason India remains dirt poor.
Go WalMart! Economic Freedom for all!
truevoice08 3 weeks ago
Just say NO to Walmart.
nightwatchdog 3 weeks ago
Walmart will destroy small business in India I have seen it Mexico.
HombreDesconosido 3 weeks ago
walmart takes away from the local business.then they become ghost towns
roseforvendetta 3 weeks ago
Sign up so that you can obtain a completely new iphone 5 totally free from goo(.)gl/79UaM Remove the ()
Gaylenekba570 3 weeks ago
that place no good
turnfootsherlock 3 weeks ago
americantruthteller 3 weeks ago
fucking failed communist pig
RedGunBullets 3 weeks ago
Being from North America I see first hand what Walmart has done to our economy, it wiped it out, there are no small shops here either unless you somehow have something that Walmart doesn't. So if you want to wipe out you "growing middle class" just bring in Walmart, don't listen to the idiotic Neo Liberal dolts who say otherwise, they live with ideological blinders on.
Crashbanksbuysilver 3 weeks ago
It would destroy India for sure.
Crashbanksbuysilver 3 weeks ago
@Crashbanksbuysilver Destroy india? Aren't you exaggerating a tad bit? There's no reason why a practical Indian consumer should object to increased product diversity available at cheaper prices. I'm no fan of Walmart or capitalism in general, but I just find arguments like yours suffering from similar "ideological blinds"
TheNewPandemonium 3 weeks ago
@TheNewPandemonium
NO exaggeration, not one bit, the slightly lower prices didn't help us a bit, they are going up again (the prices) and we have no jobs to show for it because everything else is closing. I have no ideological blinds, I have seen the results from beginning to end.
Crashbanksbuysilver 3 weeks ago
These poor people... WAIT. These are poor people. Why wouldn't cheap, abundant goods improve their lives...? Why not let them benefit from comparative advantage and economies of scale?
.
It's like the only thing people on this thread don't want is to let Indian people CHOOSE for themselves.
.
And I'm sure millions of new jobs will just hold women down over there anyway. Thousands of women entering an expanding work force has NEVER strengthened sex equality in the past...
hob976 3 weeks ago
Are people realizing now that RT is full of shit that over exaggerates stories but only talking about bad american things and not informing the public on the corruption in Iran and China or what? Do idiots think they're above the mainstream by watching the exact opposite. Its STILL BIASED AND UNFAIR! How many pro Americans does RT bring on for talking points? NONE
DarPower1 3 weeks ago
Being Indian myself and actually lived in India, Walmart would do a lot more good than harm. Any one who studied economics and history knows that.
TheEllampalli 3 weeks ago
@TheEllampalli how?...
vivaelmario666 3 weeks ago
@vivaelmario666 just look up Penn and Teller bullshit Walmart on Youtube. It's got some very interesting facts.
TheEllampalli 3 weeks ago
@TheEllampalli that bullshit is told from a fat american consumerist's perspective. Globalisation is the filth of capitalism. Do you see american culture? If you want to keep India's culture alive, you better not let this shit in.
vivaelmario666 3 weeks ago
--#_#--> Those politicians behind the move have gone on ebay, bought new knee pads and sucked Uncle Sams small white dick....This is like giving someone a time bomb in a gift box!!!
9MillerKiller 3 weeks ago
--#_#--> Before we go on can someone please give that reporter something to eat. It's sickening!!!
9MillerKiller 3 weeks ago
--#_#--> So I guess you want Indians to give up their businesses and work for the coorporate giants in their stores to earn the minimum of wages.......who would turn that offer down!!!
9MillerKiller 3 weeks ago
"Dear RT, this isn't news, I figured it out 160 years ago"
Yours sincerely,
Karl Marx
leonelidas89 3 weeks ago
retarded indians... they will earn more as wall-mart employees that as small shop owners
coturnix19 3 weeks ago
@coturnix19 ppl only learn the hard way.
mahballzrhari 3 weeks ago
@coturnix19 indians are more intelligent than you.Walmart has not been kicked out of india but will be allowed at a later date
abh3092 3 weeks ago
Folks its not about walmart alone, indian traders are opposing Western Clean Money in india, since most of local traders with india-black-money, yes their transaction is protected from TAX as they never hand-out formal receipt of transaction. FDI means clean transactions and FAIR competitive prices which is opposed by local indian traders backed by indian politicians. India has over 2 Trillion US$ shadow/black-money-economy! They just want OUTSOURCING business from US, that's-end-of-story!
sjsrana 3 weeks ago
Look at what has happened to the United States! Indians will fucked!
starlitopensky1 3 weeks ago
If Walmart goes there the Indian people will be fucked over. Simple.
starlitopensky1 3 weeks ago
DO NOT let WalMart in India. It is destroying local buisnisses. Do NOT do it
Grow local, trade local and shop local.
FreestylaBoy 3 weeks ago in playlist Flere videoer fra RussiaToday
Asda ran by Walmart in the UK are quite cheap but they lack in quality and people get minimum wage too :/
ElmoOnCrack100 3 weeks ago
All you suckers who hate Walmart - consumers choose to buy at Walmart, that's why it is the most successful store in the world. It is the State who disadvantages small businesses against big ones with regulation and taxes, the big ones can afford it.
rumco 3 weeks ago
@rumco
That's not entirely true, Wal mart pays for a politician's campgain and they give Wal mart state subsidies after they won.I consider that to be unfair business practice
The united states is not a capitalist country, it is a fascist country where the government enslave the working class and use their tax money to give the rich welfare in the form of subsidies and bailouts
Thelastcrusader89 3 weeks ago 13
@Thelastcrusader89 bullshit, There are many ways i can easily disprove your argument.
tehatemachine 3 weeks ago
@Thelastcrusader89 I'm sure if america had been seeing good times you would have stated otherwise
cagelsthrough 3 weeks ago
Oh, no... Walmart is an awful company! I feel so badly for India if they have to deal with them..
TheEndeavoringFamily 3 weeks ago
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of course walmart will destroy it look at small store in USA oops there aren't none
jigilowman 3 weeks ago in playlist Uploaded videos
Did you see the open fresh and dried vegetables and fruits? I'd love to go shop there.
They need to put the taxes down to zero, and those shops would have nothing to fear from Wallmart. Only the difference in taxes (exemption for Wallmart) made Walmart the brand it is today.
Landazar321 3 weeks ago
We have Tesco/Lotus, Carrefour, Macro, Ikea in Thailand. Walmart we have not yet. Actually, it is great help to people and small shops either. Small shops buy in Macro and distribute locally many useful things. Prices drop for goodness of all customers. If some middlemen are not happy, I do not care. Remove these parasites from economy and arrange shorter chain supply of products to customers via nets like Walmart, Ebay, you name it.
freediver57 3 weeks ago
@freediver57 And all those well paying jobs at the 7-11 are what humankind really needs. Hey it's a CAREER!
Destruction of the social fabric is progress yes?
I for one believe that Thailand would be better off without these vultures.
Higher prices yes, but better paying jobs as well.
More money to go AROUND.
And as soon as they've strangled and squeezed out the competition the prices will rise, quality suffer, children get REALLY FAT and sickly (ring a bell?)
Mai pen arai!
Peas.
AceHoale 3 weeks ago
@AceHoale If people go to school only to condition their mind instead of to learn thinking and science, they go to 7-11 and serve to society in their way. Reform of an archaic society is progress! Thailand do suffer from feudal division to nobles and commoners very much similar to India. Tesco/Lotus is a way to show people that there is a way of productive life and higher efficiency. You want higher prices for low quality service - go to Russia. Learn from them how to build a feudal society.
freediver57 3 weeks ago
@AceHoale Certainly I do not understand how people in India can hate Americans? If not outsourcing from Western countries and technology transfer: what will be India now? Nobody push stupid people to drink Cola and eat in MacDonald. I never do so. I eat fruits and drink water. But there should be some natural selection, shouldn't be? Recently, we got a new Tesco/Lotus shop in our village. I buy fresh squids over there. At market the same product is more expensive and of suspicious freshness.
freediver57 3 weeks ago
Most Malls in India are Museums because only the 1% elite can shop in them. They occupy valuable space that could be used to build reasonably priced homes for the working middle class who cannot even afford rents as real estate sharks have grabbed all the land in the cities and driven the prices to New York real estate rates! What use is Wal Mart when 47% of the children are underfed and many farmers are committing suicide running losses whilst the rice they grow is given away free for votes?
angelialvares 3 weeks ago
@angelialvares you are wrong all indians can go to malls!
abh3092 3 weeks ago
India, JUST SAY NO!!!
DivineMoleculeDMT 3 weeks ago
Hello no for Walmart. No Walmart in India, they have done a good job of messing up the USA.
Jevezy 3 weeks ago
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OMG! capitalist won't stop! They want to turn every human being in the world, in every country into a minimum wage slave! Keep your small businesses people! Working for some jerk for minimum wage sucks! Don't believe anything of what they promise! They lie! They want your money! What do you think 'cut the middle man' means? They want to take all your jobs, and make you work for them for much, much less, of what you could make if you were still the owner of your small business.
greaterwhiter1 3 weeks ago
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greaterwhiter1 3 weeks ago
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greaterwhiter1 3 weeks ago
Many predicted that small businesses would take a Hit when Big Bazaar would open up. What happened ? You stills see small businesses running fine. The same will happen if you bring in FDI ! They create a higher standard of living and creates more jobs !
Bring in all FDI ! Let's transform India into a Modern Progressive Nation :)
forgottenmemories63 3 weeks ago
@forgottenmemories63
I don't agree. here in US big box business kills a LOT of small ones. Why do you think the economy is so bad. Monopoly is bad, small business is better.
greaterwhiter1 3 weeks ago
@greaterwhiter1 Well, India has a lot of diversity unlike U.S, High Income Group, Middle Income Group, Low Income Group people. These small business will continue to cater the needs of small income and middle income groups while high - middle and high income groups can benefit a lot from Foreign Direct Investment Companies like Walmart etc..
Also, It shocks the stagnant economy and Infrastructure of India to make way for a better one than what exists now, Raising living standards of people.
forgottenmemories63 3 weeks ago
@greaterwhiter1 But small buissiness doesnt make economies grow massively like the US, Big bussiness plays a part as well as long as they dont leave the country for others
DarPower1 3 weeks ago
Bring FDI to India !
forgottenmemories63 3 weeks ago
The last couple times I was at Wal-Mart, I had some of the worst shopping experiences of my life.
Have you noticed how they have 5000 cash registers with only 4 or 5 of them opened at any given time?
The door greeters are a day over 100. And they McDonald's restaurants in every store, lol!
JMMT7022801 3 weeks ago
That reporter chick in the tight sweater has some really hot tits. I really wanna bang her.
JMMT7022801 3 weeks ago
walmart is good for China and a few very rich people in the states.
prjerry7 3 weeks ago in playlist Uploaded videos
The Indian people have to decide if they care about their culture and future -- probably not, because they may be able to save a few pennies at walmart at the cost of becoming slaves to the political corruption of walmart. Fuck Obama for supporting walmart
HyperMediaNews 3 weeks ago 2
walmart has ruined small town economies all ovwr the US... keep them out
555byron 3 weeks ago 2
As with India no rush, take your time too consider it over next 50 years, reality is none of this really matters.
HGSpaceTime 3 weeks ago
If only you had smelly vision. The smell of vomit in India is everywhere! Oh and the politicians are just as corrupt as U.S. politicians and probably just stupid.
PigsyCyberBully 3 weeks ago in playlist Uploaded videos
Haha good luck, Indians are staunch Nationalists, and hate change.
Nebelwerfer89 3 weeks ago
Send our troops home and also send our jobs home.
Clear4GPromo 3 weeks ago
It's EXACTLY like having a big fish eat the small ones. Let India be economically independent, otherwise what the hell was independence for in the first place?
SuperUncleruckus 3 weeks ago 11
@SuperUncleruckus
It might be a good thing to let all those shops be closed down and a megastore like wal mart be dominant.Those small stores are owned by the upper caste and they discriminate against the Dalits.
Wal Mart would never deny anyone a job as long as they're willing to work long hours for peanuts.
Thelastcrusader89 3 weeks ago
@Thelastcrusader89 the dalit problem is obviously something we're all not proud of but at the same time, it's down died considerably every since all of India was impoverished in 1948. It's mainly tribal, but we do see it time to time within cities. If that's your primary reason to open Wal-Mart, though, you'll need some more convincing.
SuperUncleruckus 3 weeks ago
I recommend you guys think well about this matter if you need to re-organize the country distributions. It breaks the historical way of living but more modern life and business chances to people. I honestly think this matter could be solved well for India, as you guys have been good in taking care of your healthy life!
fumi4444 3 weeks ago
There are also un-manned vegetable coin lockers that sells local farmer's fresh veggies picked in the morning. It is fresh and cheap to buy, and farmers might get
some money. It could be well done if nobody breaks the coin locker!
fumi4444 3 weeks ago