Sentence:  What is going on in my opinion is the "<WSD>Brazilianization</WSD> of India". You have high levels of inequality, a spectacular film and culture industry, the proliferation of television, and for the first time in the history of India, you have the legitimization of inequality among the elite. 
Meaning of the word marked with <WSD> tags:  Social change characterized by classism, economic disparity, and a large underclass that suffers from unemployment and underemployment.