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Democracy and Protectionism, India and emerging powers

Australia, still a colony, has more supermarkets per capita than the US and nearly three times as many as the UK. India, no longer a British colony, has no supermarket chains. What other country can claim this? Late last year Indian shopkeepers rioted successfully to stop foreign investment liberalisation and multinational supermarkets. Here is a mostly French-sourced article about how emerging powers are looking after their own industries, while the free-marketeers of the west sell the rest of us down the river. See also article about President Francois Holland's program to meet protectionism elsewhere with protectionism at home: ,"New French industry policy to moderate globalisation, Ministerial interview" A word of warning to vegetarians, the sacred cows of India are being sacrificed now to the mighty dollar.

New French industry policy to moderate globalisation: Ministerial interview

New French Minister for Industry in France says globalisation is extremist policy and that France, Europe and other westernised countries need to protect themselves from total free-market doctrine. He also proposes external taxes, including on carbon emissions for imported products. This is a fascinating interview for citizens of Anglophone countries who feel that free-market ideology has replaced democracy.

France urges Europe on "USA style" Protectionist path and better immigration control

Nicolas Sarkosi wants to reinforce European business, using the US example of giving public work to American companies. "Why should Europe forbid what America, the most economically liberal country in the world, permits itself? In this way European taxes would support European companies that have chosen to produce and manufacture in Europe." Sarkozi has also called for tighter immigration controls in Europe.

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