Thursday, December 21, 2006

Phagocytosis

After a grueling two weeks of unreasonably strenuous exams, it's nice to sit down and vent about something that has been bothering me for a long time.

McCormick and co. bought over MTR.

Simple enough on the face of it. Muliti-million dollar corporate giant buys over relatively small local leader in packaged foods. Amoeba engulfs food particle and grows. It's the way of the world and I understand it. In this case, however, it's a little difficult to accept.

Rooted though I am in the ideals of the free-market, it irks me that the US is slowly buying over India. It has already got a patent on Basmati Rice. Now, apparently, it has scored the Mavalli Tiffin Room. It bothers me that India is going through a cycle of events that in the past lead to the darkest period in its turbulent history. Perhaps I'm being a bit extreme, even irrational, but I cannot help but see a pattern. Could it be that the US, like it's European predecessors, will buy India and other developing countries and accrue a corporate empire that would equal or surpass the former Britannia? Could McCormick & co. be the twenty-first century East India Company?

I hope not.

1 comment:

abhilash said...

i really agree wid u.the trend is indeed worrying.we all know that the famous"rava idli" was invented by mtr.just hope that no company would buy over prestigious indian companies like mtr.