28.

Globalisation affects different people differently. Explain.

1. Due to Globalisation, a new intentional division of labour has come out in which more and more routine manufacturing production and employment is done in the Third World Cities.

2. Globalisation also affects employment. The middle-class youth from urban Centres, globalisation and the IT revolution has opened up new Career opportunities.

3. The Collapse of the erstwhile socialist world has hastened globalisation. The neo-liberal economic measures have changed the whole economic and political vision. The growth of international and regional mechanisms for political collaboration has made new vistas e.g.EU, ASEAN, SAARC and SAFTA are doing an important role.

4. The Globalisation affects the labouring populations. The MNCs seek those countries where they may have cheap labour e.g. When the labour costs grew in South Korea the Nike shoe company shifted to Thailand and Indonesia. However, in the 1990s we in India produce Nike. This total process makes the labouring population very vulnerable and insecure.

5. Globalisation indicates the growing independence between different people, regions and countries in the world as social and economic relationships come to stretch worldwide.

6. Globalisation is posing a serious threat to indigenous craft and literary traditions and knowledge system e.g. about 30 Theatre groups that were active around and the textile mills area of Parel and Girgaum of Mumbai City, have become defunct as most of the mill workers have lost their jobs in these areas.