RE: Your thoughts on Globalisation?
I would say somewhere between FOR and AGAINST…it has its bad and good sides. Multinatinal companies are bound to do this, you expect this from them and if they are getting succes everywhere where they set a foot upon they are bound to take there succes to greater heights, and this also creates employment, its not that multi-nationals dont give oppurtunities but just destroy samller industries. All thse brands Coke and McDonalds were once small companies only and they worked for there succes. Although yes benifits should be gven to smaller industries too as these MNCs take most of the market specialy in urban areas.
Let me take the case of India, in the past Indian cottage industries were very succesful not only in India but around the world……and there works are still populor around the world BUT they are loosing there grip on India. Why? Simply because a normal Indian is not interested in this, he will look to products and services being offered by MNCs as the quality obviosuly differs on a great ratio. Again, this is not good for Indian rural sector, most of the people there are poor people who depend on there cottage industries for there living….and there industry is deteriorating at a rapid pace. Now here is the place where the world needs to look with a concentarted mind…..there should be laws restricitng MNCs till some extent specialy in poor countries. Call centers are coming to India for one main reason….cheap labour and of-course this is effecting countries like USA, UK etc. as well.
Globalisation is not greed….its a scent of success.
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