Monday, November 22, 2021

India's Tycoon Ambani Targets Mom-and-pop Stores

 https://www.yahoo.com/finance/news/princes-paupers-indias-salesmen-face-015938510.html

PADA: It was only a question of time before some big tycoon and his mega-business in India started to encroach on the little guy shop keepers in India, just like Amazon is taking down the little independent shops in the USA. Unfortunately, this will upset the economy of many "little guys" and their independent shops. 

I was at the San Francisco Flea Market the other day and happened to pass by some poor guy there -- who was selling used videos and video games. People were coming over to his stall and scanning his pieces on their cell phones to see what is the price at Amazon, and the guy was pleading "I cannot compete with Amazon." 

This all seems to be heading towards making the elite few rich folks -- become more and more rich, and the poor folks become poorer and poorer and out of a job, and then there will be massive unemployed -- as Srila Prabhupada predicted. It looks like India is going more and more in the direction of mega-businesses managed by cell phone and computerized tech, instead of its traditional simple living and rural lifestyle. It is another sign of encroaching Kali yuga-ism.

ys pd   

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