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Is Speculation a Problem?
This refers to Richa Kumar’s article on commodity futures markets in India “Mandi Traders and the Dabba” (Epw, 31 July 2010).
The author mentions that the large MNCs exert an undue infl uence in setting futures prices, yet, the article itself mentions local oligopolies of big traders doing the same. Naturally, the loss of a market-infl uencing monopoly would be rued by these very traders who were the respondents of the author’s ethnographic interviews.
This refers to Richa Kumar’s article on commodity futures markets in India “Mandi Traders and the Dabba” (Epw, 31 July 2010).
The author mentions that the large MNCs exert an undue infl uence in setting futures prices, yet, the article itself mentions local oligopolies of big traders doing the same. Naturally, the loss of a market-infl uencing monopoly would be rued by these very traders who were the respondents of the author’s ethnographic interviews.
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