Posted by Richard Willet - Memes and headline comments by David Icke Posted on 23 March 2021

Walmart, Amazon and the Colonial Deindustrialisation of India

In June 2018, the Joint Action Committee against Foreign Retail and E-commerce (JACAFRE) issued a statement on Walmart’s acquisition of Flipkart. It argued that it undermines India’s economic and digital sovereignty and the livelihood of millions in India.

The deal would lead to Walmart and Amazon dominating India’s e-retail sector. These two US companies would also own India’s key consumer and other economic data, making them the country’s digital overlords, joining the ranks of Google and Facebook. JACAFRE was formed to resist the entry of foreign corporations like Walmart and Amazon into India’s e-commerce market. Its members represent more than 100 national groups, including major trade, workers and farmers organisations.

On 8 January 2021, JACAFRE published an open letter saying that the three new farm laws, passed by parliament in September 2020, centre on enabling and facilitating the unregulated corporatisation of agriculture value chains. This will effectively make farmers and small traders of agricultural produce become subservient to the interests of a few agrifood and e-commerce giants or will eradicate them completely.

The government is facilitating the dominance of giant corporations, not least through digital or e-commerce platforms, to control the entire value chain. The letter states that if the new farm laws are closely examined, it will be evident that unregulated digitalisation is an important aspect of them.

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