ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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On Agricultural Prices

December 25, 1982 would overwhelm the budgets of Bangladesh or Nepal). INTERNATIONAL CAPITAL VS INDIA'S RICH PEASANTS? At its barest and simplest, the current dispute between India and Bangladesh over the sharing and augmentation of the River Ganga is no longer simply about the Ganga but is a battle between international capital and India's rich peasantry for river development in pursuit of their respective interests. To reduce the dispute to these ultimate determinants is to ignore or at least underestimate the strength and coherence of the rival nationalisms in the conflict. Bangladesh may be reeling from the incompetence of successive military masters but it cannot simply be relegated to the role of a proxy for the interests of American, Japanese and British construction, consulting and merchant capital. Nor, clearly, is the Indian interest in the Brahmaputra simply a reflection of the needs of rich peasants. There are other classes, other interests, strong nationalisms, geographical constraints, other uses than irrigation for water, but it does seem to me that we are watching the beginning of the battle for the Brahmaputra and, thus far, India's rich peasants have scored against international capital.

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