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Globalization is to help countries who want to help themselves. In last 50 years, Japan, Taiwan, Korea, China and Europe took advantage and moved up. Countries with over population, corruption and no rule of law fell behind and have difficulty in coping. Globalization has nothing to do with accumulation of wealth by a single individual like Mukesh Ambani. In USA, there are anti-trust laws to break companies who have monopoly and they broke Standard Oil and AT&T in the past. We should learn how to manage globalization instead of complaining it. Unfortunately in India democracy is a joke and we confuse our corruption and the lack of rule of law as the result of globalization. We missed the Industrial revolution and now we should not miss the Information technology age. India can't overcome its current problems unless we bring accountabilty to our political process and end the corruption. PS: Small states in India are doing much better than big states like UP, MP, Bihar, Rajasthan and A.P. Telangana people have a history, economic viablity and they have a right to have their own state. Telangana opposed the merge with Andhra in 1956 unlike Rayalaseema which was already part of Andhra state.

Posted by: Mr. R Desidi At: 19, Nov 2007 10:50:52 PM IST
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