Meet the Losers of Globalization

Economists predict a rosy future for the Indian economy, with the stock market rising from one record to the next. In boomtown Bangalore, the nouveau riche proudly flaunt their wealth. Unfortunately, this dazzling display often obscures the losers of the country's economic miracle.

Ramakrishna Murthy doesn't have much good to say about the leaders in the Vidhana Soudha, Bangalore's government palace. A short while ago, he was put out on the street by his employer, Hindustan Lever. He had worked for 10 years as a food chemist for the company, which is part of the Anglo-Dutch multinational Unilever. But Murthy doesn't hold the industrialist responsible for his getting fired -- instead he points his finger at Bangalore's top political decision-makers. ..more