India’s Third Liberation

India has experienced liberation, first winning independence from the UK in 1947 while also enduring partition with the creation of Pakistan and Bangladesh, and then loosening state control of the economy in the 1990s to accept reform, privatization and globalization. But great poverty still lingers in the nation, calling for a third stage of liberation, suggests John Elkington writing for OpenDemocracy.net. In this century, governments and businesses bear responsibility to develop sustainable economies, extending benefits to those living in poverty and protecting the environment for future generations. The emerging economies of China and India, with two contrasting systems of governance, have an opportunity to lead in modeling sustainability and security rather than pursuing excess. – YaleGlobal