Global Capital Flight from India: How Neocolonial Supply Chain Logics Exploit Postcolonial Vulnerabilities
Original framing: “JPMorgan sees India outbound M&A rising as firms move to secure supply chains - Reuters” — Reuters (via Google News)
The 'rational' narrative of supply chain optimization conceals a trickster-like inversion: what appears as 'efficiency' is actually a corporate racket where financial elites—like the modern-day Hermes or Coyote—exploit regulatory loopholes to extract value while shifting risks onto states and workers. JPMorgan, as a facilitator, plays the role of the 'trickster banker,' using complex financial instruments to obscure the true costs of these deals. The absurdity lies in how such moves are framed as 'progressive' while ignoring the historical precedent of colonial plunder, where the trickster was always the foreign interloper.
The surge in India’s outbound M&A is not an isolated economic trend but a symptom of deeper structural imbalances rooted in colonialism, neoliberalism, and the financialization of global trade.
While mainstream narratives frame these moves as a sign of India’s growing influence, they obscure the historical continuity of resource extraction—from the British East India Company to today’s JPMorgan-backed corporate raids. The solutions lie not in deeper integration into global capital circuits but in reclaiming sovereignty through legal frameworks, worker cooperatives, and regional trade blocs that prioritize equitable development over shareholder value. The trickster dimension reveals how the current system is a ruse, where 'efficiency' masks exploitation, and the path forward requires both legal and cultural resistance to these neocolonial logics.