India needs a power rebalance: consumers and citizens find themselves hapless much too often
· livemint.com
Every economic and technological epoch skewed power equations. But India must address a sharp asymmetry between consumers and corporations on one hand and betwixt citizens and the state on the other—before public frustration boils over.
Market forces—to the extent that they work—are the only instrument that can discipline private companies. Elections might temper politicians, but the state ...