Panel: Politics and Globalization and Nation-State
Impact of Globalization in India: ‘Politics of 50 Percent Acceptance’
Globalization has many dimensions including its political aspirations. Politics of globalization implies existence of a beneficiary and the supplier. In the entire transaction of business the beneficiary located in one nation state or in all nation-states of world. This paper argues that the globalization discourse in India is sustained by the argument of that globalization benefiting ‘G-8’ countries and so also only 50 percent of the population of India accepts. But it is being pushed through legal tangles, political tradeoffs and ultimately the ‘other’ ‘50 percent’ are made to accept the globalization.
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