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RE:Why Wal-Mart should not enter India
by Lok on Apr 23, 2007 03:42 PM

I don't know why people like Wade Rathke are even acknowledged at the first place. The truth of the matter is developing countries continued to remain poor because of disparity in prices and quality of goods and services vis a vis the rest of the developed world. By disparity i mean the amount of money a person spends as a % of his income on consumable goods in Inida is disproportionately higher than it is in developed countries. Its only becuase of big corporations that prices and trade across borders achieve a parity on a global scale. We have been cheated, looted, misguided by these so called small bania traders and they deserve to starve. In any case they have amassed enough wealth to become suppliers to walmart. If they can't change the economics of purchases and consumptions shut shops. The debate again seems to be going against foregin retailers vs organized retail. we need organized retailers, no matter whichever country they belong to. we are all consumers and we need better quality products and lesser prices. (better parity vs. our incomes).

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Why Wal-Mart shouldn't be here