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The Trojan Horse is the universally accepted symbol  of treachery and deceit. Nowadays it has been replaced by money or  Direct Foreign Investment. In the name of globalization, the developed  nations of the world are establishing their hegemony over the third  world countries, Economic Imperialism, as it can be explained in the  simpler terms. The world level organizations, which were once formed to  support the poor nations have simply become puppets in the hands of the  Capitalist nations. These nations are behaving like vultures relishing  the dead animals. With their military powers they force the weaker  countries to open their markets and then flood them with money. Foreign  money is like drug-addiction, once a person gets into the habit, and  then it is very difficult to get rid of it. Best example if this type of  Imperialism is that of India. With the force of power, India was forced  to open up its markets, then intoxicating money was pumped into the  veins of the Indian economy and was paralyzed. John Sullivan, who was  the President of Board of Revenue, Madras had once rightly said, “Our  (British) system acts very much like a sponge, drawing up all the good  things from the banks of the Ganges and squeezing them down on the banks  of the Thames.”
The world has witnessed three form of imperialism. The first was the merchant imperialism, then came the Free Trade imperialism and the latest is the finance imperialism.
The only way to check this is simply to develop a feeling of nationalism among the masses. They should not be carried away by the pomp and show. All that glitters is not gold. We should not be foolish like the Trojans. We must remember one thing – there are no free lunches in this world. Everything comes with a price tag, and if it is imposed, it will not only carry its price tag but also the blood stain of the indigenous craftsmen.
The world has witnessed three form of imperialism. The first was the merchant imperialism, then came the Free Trade imperialism and the latest is the finance imperialism.
The only way to check this is simply to develop a feeling of nationalism among the masses. They should not be carried away by the pomp and show. All that glitters is not gold. We should not be foolish like the Trojans. We must remember one thing – there are no free lunches in this world. Everything comes with a price tag, and if it is imposed, it will not only carry its price tag but also the blood stain of the indigenous craftsmen.
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