The current globalization has meant a break with this pattern, with international capital now locating manufacturing activities in China, and 'outsourcing' several service sector activities to India. In West Bengal itself, the Left Front's 'industrialization' drive, perceived as an attempt to woo the middle class, entailed land acquisition that alienated the peasantry. The third process under current globalization is a large-scale assault by capital on traditional petty production including peasant agriculture. In the United Kingdom, the working people voted for Brexit while London, where the affluent 'middle class' is concentrated around the City, voted otherwise. The crisis is not confined only to the agrarian economy; it afflicts the entire range of traditional petty producers, from fishermen to craftsmen to textile weavers.

Source: The Telegraph July 25, 2016 17:45 UTC