Fast-tracking Neo-liberalism in India. Land Takeovers, Privatization, Mass Poverty… | Global Research
Fast-tracking Neo-liberalism in India. Land Takeovers, Privatization, Mass Poverty… | Global Research
With calls from some of Modi’s advisors for a Thatcherite-style, pro-privatisation revolution in India, it is worth recalling how successive Thatcher-led governments in Britain brought immense damage to the social and economic fabric of the country to profit her rich backers on the back of similar ‘landslide’ victories based on similar shares of the vote.
Apparently, the results of the national general election in India mark a turning point. We are told that the nation has spoken and has given
the new Prime Minister Narendra Modi and his BJP party a ‘landslide
victory’. Despite the euphoria, however, only 31% of votes cast were for
the BJP. That’s hardly a ringing endorsement. But it was enough to give
the BJP a ‘landslide’ in terms of parliamentary seats. No party in India has ever won over half the seats with such a low share of the vote. The previous lowest vote share for a single-party majority was in 1967, when Congress gained 40.8% of the votes polled.
With
calls from some of Modi’s advisors for a Thatcherite-style,
pro-privatisation revolution in India (1), it is worth recalling how
successive Thatcher-led governments in Britain brought immense damage to
the social and economic fabric of the country to profit her rich
backers on the back of similar ‘landslide’ victories based on similar
shares of the vote (2).
