The
argument in the wake of the Walmart-Flipkart deal,
that having large multinationals in the sphere serves
consumers' interest not only ignores the plight of
local producers but is also analytically unsound.
"Consumers" are not an entity distinct from
the displaced producers and will get affected adversely
over time.
*
This article was originally published in The People's
Democracy on May 21, 2018.
