The Silent Surrender: How Market Forces Are Dismantling Our Sovereignty
Published on May 25, 2025
By EMN
- In the unfolding saga of development across the Northeast
and beyond, there is an urgent and silent crisis unravelling beneath the glossy
promises of prosperity and investment. Official rhetoric heralds the region as
a gateway to a $200 billion trade corridor with ASEAN, backed by
mega-investments from corporate giants and state machinery. Yet, beneath this
façade lies a troubling pattern: the rapid erosion of local autonomy,
ecological devastation, and the hollowing out of democratic decision-making
under the weight of unchecked market forces.
- A geopolitical and historical context
- The Northeast, with its complex history of self-governance
and cultural resilience, stands at a geopolitical crossroads. Its strategic
location bordering multiple countries has long attracted economic interest —
often to the detriment of its people. Post-colonial developmental frameworks
imposed from New Delhi have consistently subordinated local needs to national
and global capitalist agendas. This trajectory intensified under neoliberal
reforms introduced by the United Progressive Alliance (UPA) and accelerated by
the current Modi-led NDA government through structural adjustment programmes.
- Historically, these programmes promised integration into
global markets as a path to modernisation and prosperity. Yet, decades of
experience across India and many global south nations expose a pattern of
broken promises and displaced communities. These programmes prioritise
extraction over empowerment, corporate profit over people’s welfare, and
market-led growth over sustainable development.
- Socio-economic and demographic realities
- The socio-economic fabric of the Northeast — rich in
indigenous cultures, biodiversity, and community-based economies — is
ill-served by market-driven models that commodify land and labour. Large-scale
investments in industries such as oil palm cultivation, mining, and
infrastructure projects often bypass participatory governance mechanisms.
Instead, they impose top-down decisions that disrupt traditional livelihoods,
marginalise vulnerable groups, and deepen inequalities.
- Demographically, the region’s youth face limited
opportunities despite grandiose investment plans. Jobs promised by
corporate-led projects rarely materialise at scale or in quality. Instead, many
young people are pushed into precarious informal economies or forced migration.
This disconnect between rhetoric and lived reality fuels disillusionment and
social unrest.
- Voices from the ground
- Local communities express deep concern over these
developments. Traditional guardians of the land watch as their forests and
fields are converted into industrial zones or monoculture plantations. Women,
often primary managers of local resources, see their roles undermined by
market-centric interventions that prioritise export crops over food security.
Civil society organisations struggle against powerful state-corporate
coalitions that frame dissent as anti-development or even anti-national.
- This disconnect between powerful interests and community
aspirations underscores a democratic deficit. Governance appears increasingly
opaque, with decision-making concentrated in corridors inaccessible to ordinary
citizens. Policy frameworks often reflect corporate agendas rather than public
good, creating a governance paradox where democratic processes exist in form
but not in substance.
- Hidden power structures and contradictions
- Behind the glossy investor summits and government
pronouncements lies a web of powerful interests — political elites, corporate
conglomerates, and global financial institutions — that shape the region’s
development trajectory. These actors benefit from regulatory environments
tailored to ease capital flows, while social and environmental safeguards are sidelined
as ‘obstacles to growth.’
- Civil society’s limited influence often results from
co-optation or repression, further consolidating elite control. Moreover,
contradictions abound: while the state promotes ‘inclusive development,’ its
policies accelerate dispossession and ecological harm. The state’s role as a
guarantor of public welfare is increasingly compromised by its function as a
facilitator of private profit.
- Not isolated failures — but a systemic pattern
- Sceptics may be quick to dismiss the failures of neoliberal
mega-projects as unfortunate exceptions — outliers in an otherwise successful
model of economic growth. But such a framing dangerously oversimplifies what is
in fact a widespread pattern, not a statistical anomaly. Across the Global
South — and increasingly within marginalised regions of India — a common thread
runs through these stories: development driven by market logic, state-corporate
alliances, and extractive capital, repeatedly failing to deliver on promises of
jobs, equity, and sustainability.
- This is not about a few projects going wrong due to local
mismanagement or bad luck. Rather, these failures reveal a structural crisis: a
development model built on the commodification of land, labour, and life; one
that concentrates wealth, uproots communities, weakens democratic
decision-making, and often leaves behind devastated ecologies and broken
promises.
- The examples that follow — from India's industrial corridors
to Sri Lanka’s debt-fuelled mega-infrastructure, and from Africa's oil palm
experiments to Latin America’s mining disasters — are not aberrations. They are
evidence of a global pattern where profit is privatised, and risk is
socialised. These are the rule, not the exception. And if we don’t interrogate
the model itself, the same fate awaits any community seduced by its language of
prosperity.
- While industrial giants like Adani, Ambani, and Vedanta
announce massive investments in India's Northeast, promising a transformation
akin to Singapore's success, the ground realities paint a starkly different
picture. India's agrarian sector is in deep crisis, with over 40% of the
population still dependent on agriculture, yet facing declining incomes and
increasing indebtedness. The manufacturing sector, expected to absorb the
surplus labour, has not kept pace; employment in this sector has stagnated, and
job creation remains insufficient to meet the demands of a growing workforce.
Unemployment rates have reached alarming levels, with reports indicating that
nearly 37 million people were actively seeking jobs in 2023-24, a figure not
seen since the peak of the pandemic. This raises a critical question: with a
struggling agricultural sector and an underperforming manufacturing industry,
where will the products come from to fulfil the ambitious trade plans with
ASEAN nations? Moreover, the motives of these conglomerates warrant scrutiny.
Their investments often prioritise resource extraction and infrastructure
projects that benefit their business interests, sometimes at the expense of
local communities and environmental sustainability. The recent bribery
allegations against the Adani Group in the U.S. further highlight concerns
about the ethical practices of these corporations. Such developments suggest that
these investment pledges may serve more to consolidate corporate power and
influence rather than genuinely address the economic challenges facing the
region.
- Miserably failed projects: A catalogue of lessons ignored
- India
- • Sardesai Industrial Corridor, Maharashtra: Promised as an
engine of industrial growth, it became mired in land acquisition conflicts,
displacement of farming communities, and environmental degradation. (Source:
Economic & Political Weekly, 2019)
- • Sterlite Copper Plant, Tamil Nadu: Despite promises of
jobs and development, the plant faced massive protests over pollution and
health hazards, leading to its closure amid local uproar. (Source: The Hindu,
2018)
- • Sterlite’s environmental violation led to widespread
public health crises and legal battles highlighting corporate impunity.
(Source: Centre for Science and Environment, 2018)
- Sri Lanka
- • Hambantota Port Project: Built under Chinese investment
and government partnership, this mega-infrastructure project led to
unsustainable debt, forcing a 99-year lease to China. The local economy and
sovereignty suffered severely. (Source: World Bank, 2020)
- Africa
- • Oil Palm Plantations in Ghana and Cameroon: Multinational
corporations displaced indigenous farmers and destroyed forests, with promised
economic benefits failing to materialise, leading to food insecurity and social
conflicts. (Source: Journal of Peasant Studies, 2017)
- Latin America
- • Mining operations in Peru and Chile: Large-scale
extractive projects driven by foreign capital have caused environmental
devastation, violated indigenous rights, and incited violent conflicts.
(Source: Human Rights Watch, 2019)
- Toward a just and autonomous future
- The way forward demands a radical recalibration of
priorities — from market-led extraction to people-centred guardianship of
resources and decision-making. Sustainable development cannot be achieved
without restoring local sovereignty over land and livelihoods, strengthening
democratic governance, and embedding justice and equity at the core of all
policies.
- Practical steps include:
- • Institutionalising free, prior, and informed consent
(FPIC) for communities affected by development projects.
- • Strengthening decentralised governance structures to
ensure transparency and accountability.
- • Promoting community-based economies rooted in ecological
balance and cultural integrity.
- • Encouraging legal frameworks that limit corporate power
and safeguard environmental and human rights.
- • Investing in education and capacity-building for
marginalised groups to become drivers of their development.
- The right thing to do
- Legislators must scrutinise and overhaul policies that
enable predatory capitalism under the guise of development. Civil society must
unite to hold power accountable and amplify the voices of those on the
frontlines. The public must resist narratives that sacrifice autonomy for
illusory prosperity.
- The future of the region — its people, its ecology, its
democracy — hinges on a collective refusal to surrender silently to the false
promises of market forces. Justice, autonomy, and solidarity are not mere
ideals; they are imperatives for survival and dignity.
- James Pochury
