EconPapers    
Economics at your fingertips  
 

Globalisation and the National Market

Rahul Shastri

General Economics and Teaching from EconWPA

Abstract: Globalisation is likely adversely impact the traditional classes. It also threatens to destroy national market, from which stems the bargaining power of the traditional classes.In spite of this, the paper suggests that the response to globalisation in India has necessarily to be discordant. It argues that the state will be unable to oppose globalisation due to the strategic need for economic growth, new technology, military knowhow, and ultimately the survival of India as a nation. Hence the society must protect itself from globalisation, independently of the positions of the Indian state. The paper argues that class actions will primarily protect the special interests of different classes, but may fail to protect the national market. Yet, since the national market is the basis of the independence of the national classes, it needs to be protected at all costs. For this, a socio-cultural mobilisation to protect the national market is required. The struggle to conserve cultural barriers to the national market is a common struggle of all national classes. However, this struggle can be informed by a knowledge of the labour content of different items sold to the consumers. Protection of the national market from globalisation is urgent, and its loss may put the Indian people at the mercy of forces beyond their national borders and political control.

Keywords: Globalisation; National Market; Capital; Labour; Culture; Labour Theory of Value; Karl Marx (search for similar items in EconPapers)
JEL-codes: A F3 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cwa
Date: 2005-04-15
Note: Type of Document - pdf; pages: 5
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://econwpa.repec.org/eps/get/papers/0504/0504001.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpgt:0504001

Access Statistics for this paper

More papers in General Economics and Teaching from EconWPA
Series data maintained by EconWPA ().

 
Page updated 2017-06-25
Handle: RePEc:wpa:wuwpgt:0504001