According to the rightist view in India, globalisation tends toa)benef...
According to rightist view, it leads to the weakening of the State. People will loose their identity and age-old values. They support protectionism and self-reliance.
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According to the rightist view in India, globalisation tends toa)benef...
Understanding Globalization from the Rightist Perspective
Globalization has been a contentious topic in India, particularly among rightist groups. They often argue that globalization has significant repercussions on the power and structure of the state.
Globalization Weakens the State
Rightist views posit that globalization tends to weaken the state in several ways:
- Loss of Sovereignty: Increased foreign influence can erode national sovereignty, as external economic policies may override domestic priorities.
- Economic Dependency: Reliance on global markets can compromise the state’s ability to implement independent economic policies, making it vulnerable to external shocks.
- Marginalization of Local Industries: Globalization often leads to the dominance of multinational corporations, which can marginalize local businesses and industries, reducing the government's control over the economy.
- Challenges in Governance: The influx of global capital and the rise of transnational entities can complicate governance, leading to challenges in regulatory frameworks and enforcement.
Political Implications
The weakening of the state has political ramifications:
- Reduced Authority: As economic power shifts to global entities, the traditional authority of the state diminishes, leading to a potential crisis of legitimacy.
- Increased Inequality: Globalization can exacerbate economic disparities, creating social tensions that challenge state stability.
- Compromised Policy Making: The need to cater to global investors may hinder the state’s ability to implement policies focused on local welfare and development.
In summary, rightist perspectives argue that globalization, while promoting economic integration and growth, fundamentally undermines the authority and effectiveness of the state, leading to a more fragmented society.