Political Discourse
  • Year: 2019
  • Volume: 5
  • Issue: 2

Globalisation: Myth of comprehensive development and reality of socio-political exclusion

1Political Science, Dr. Y.S. Parmar Government Post-Graduate College, Nahan, HP University, Himachal Pradesh, India

*Email id: prbnahan@hotmail.com

Abstract

It is clearly evident that market oriented globalisation has aggravated the process of socio-economic exclusion in which the majority groups of people are excluded from the process of global integration all over the world, mainly in the poor and backward countries. The main hypothesis of this article is that the major part of globalisation comes in the form of strategy of developed West to control the resources of South by applying new tools that include ideological, technological and market forces. The objective of inclusive development is absolutely contrary to the process of globalisation because in the new environment ‘terms of inclusion’ vary in accordance with the accessibility of people to the new values and opportunities available. Thus, market governance can never provide good governance simply because it is governance without democracy. The article argues that the strategies for inclusive development should include formation of coherent policies aiming at economic and social inclusion showing visible shift from market priorities to social priorities besides strengthening the state institutions to ensure the access of weaker sections of society to new values and opportunities.

Keywords

Command mechanism, Crony capitalism, Globalisation, Inclusive development, Market governance, Neo-liberalism