I am an Indian , enjoying so called prosperous Globalization because i was born affluent community or privileged community.India receives foreign direct investment and competent middle class and elites grab all that. Large cities are the wonderland for new middle class but grass root people are living at mercy of upper class.We call that as a islands of poverty.
India opened her economy in 1991 and coupled with global economy and claimed this process for inclusive growth.
Since independence neither socialism nor globalization cum market economy benefits poor or underclass at all.Is there any solution? India's problem is that implementation of plans is poor and democratic India does not care for poor. Lands are required at low prices and later sold to industries and land owners without skills can not survive and migrate to cities to get the jobs and slums are being built. Two opposite systems and islands co-exists.
Inequality and lifetime struggle for survival continues. Joseph Stieglitz rightly pointed out this difference in third world and even developed nations.
India as a rising power on global stage has her weakness.How to bring equality?
by Goodpal 6 months ago
Is giving money the only way to help poor people?You can't get rid of poverty by giving people money. - P. J. O'Rourke. What do you think?
by SN Brown MEd 6 years ago
Growing up, I've always heard that Christians should refrain from worldly desires such as buying "current" or "cutting-edge" electronics, jewelry, clothing, etc. I also heard that Christians should be poor just as Jesus was (allegedly) and that being rich or desiring financial...
by prosmentor 8 years ago
My work is to empower people. I need ideas on how to eradicate poverty and how to partner with agencies
by Eugene Hardy 6 years ago
Should our economy bring economic prosperity for everyone?Currently, our economy does not do this, it should.
by Rob Welsh 8 years ago
What would you change in this world if you could?
by Make Money 10 years ago
After watching this video I got thinking that globalization could possibly be the underlying problem behind all these bank failures and stock market crashes.http://www.keatingeconomics.com/?source=sem-baWhat do you think?Mike
Copyright © 2019 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|