Indian capitalism fully monopolistic: Roy

‘Nelson Mandela was not allowed to implement land reforms’

August 13, 2012 04:05 am | Updated December 04, 2021 10:48 pm IST - HYDERABAD

Dr P.M. Bhargava, Former Director of Centre for Cellular and Molecular Biology (CCMB) releasing the Telugu translation of Arundhati Roy book Capitalism: A Ghost Story, also seen are are Prof. Haragopal, in Hyderabad on Sunday . Photo: M.Subhash

Dr P.M. Bhargava, Former Director of Centre for Cellular and Molecular Biology (CCMB) releasing the Telugu translation of Arundhati Roy book Capitalism: A Ghost Story, also seen are are Prof. Haragopal, in Hyderabad on Sunday . Photo: M.Subhash

Noted writer Arundhati Roy has said capitalism in India is most unique as it tries to control the society in every possible manner by establishing monopoly on all key sectors connected to life, which is not seen even in most capitalistic western countries.

“Capitalism encourages everything that does not threaten its interests including the recent anti-corruption movement led by social activist Anna Hazare and his team. By encouraging social groups to take up different issues separately, capitalism will fragment social energy in a way that will deny a holistic struggle for justice”, the Booker prize winner said here on Sunday.

Speaking at a function organised to release the Telugu translation of her essay, Capitalism – A Ghost Story, the social activist said capitalism in the country would make people depend on them from commodities like salt to costly cars, communication to media and minerals to power. It would undermine everything to further its interests, she noted.

By employing perception management, capitalism would control public policy, resources and businesses as it would innovate itself continuously, Ms. Arundhati Roy stated. “It will criminalise the tribals and make them squatters on their own land. They fund human rights organisations but will never allow them to speak about pure justice,” she said.

Stating how foresighted and influential the capitalism would be, the writer explained how the capitalist forces made Nelson Mandela the President of South Africa in the name of ending apartheid and did not allow him to implement land reforms and nationalisation of natural resources. She also explained how the corporate philosophy would mould public policies to suit their interests.

Human rights activist Prof. G. Haragopal said the book was most relevant to the society at a time when the social conflict was on the rise. Former Director of CCMB P.M. Bhargava, Prof. Ghanta Chakrapani and others spoke. The original essay was translated into Telugu by one K. Suresh.

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