When India kicked out Coca-Cola, local sodas thrived (2019)
People like to pretend that protectionism is such a bad thing. But Western nations built themselves through protectionism, it&#x27;s something China has been doing to great success and the Asian tiger economies (primarily South Korea) did as well. After all, there&#x27;s only so much you can do for your population if you never ensure a steady supply of high quality jobs that provide a path into the middle class, and you don&#x27;t protect fledgling industries (beyond basic commodities) that are necessary to create these jobs but can&#x27;t compete properly against well-established companies elsewhere. It&#x27;s one of the great neoliberal myths that they&#x27;ve so successfully perpetuated (primarily through institutions like the IMF and the World Bank) that free trade and vicious, expansive privatization is the only right path.