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Amazon, “Economic Terrorism” and the Destruction of Competition and Livelihoods

Global corporations are colonising India’s retail space through e-commerce and destroying small-scale physical retail and millions of livelihoods. Walmart entered into India in 2016 with a US$3.3 billion take-over of the online retail start-up Jet.com….

Global corporations are colonising India’s retail space through e-commerce and destroying small-scale physical retail and millions of livelihoods. Walmart entered into India in 2016 with a US$3.3 billion take-over of the online retail start-up Jet.com. This was followed in 2018 with a US$16 billion take-over of India’s largest online retail platform, Flipkart. Today, Walmart and Amazon More

The post Amazon, “Economic Terrorism” and the Destruction of Competition and Livelihoods appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Colin Todhunter.


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