Corporate Globalization and the Indian Farmer

One of the most helpful descriptions of globalization is found in the Report of the Copenhagen Seminar for Social Progress in 1997. According to the report, globalization is a ‘trend’ and a ‘project’. The trend is the narrowing of physical distances between peoples and growing interdependence of countries resulting from astonishing advances in science and technology. The ‘project’ is global capitalism, or the application of the ideas and institutions of the market economy to the world as a whole. It is actively pursued by the United States and a number of other governments and implemented through such institutions as WTO, World Bank and other multilateral trade agreements.  What is under our consideration is this ‘project’. This can also be termed as corporate globalization as this ‘project’ is essentially led and directed by multinational corporations to maximize their profit. They come to have unregulated political power, exercised through multilateral trade agreements and unregulated financial markets.

Under the Shadow of the Cross

It is very important to take a step back from our highly competitive, fast-paced, over consuming, rat race and take a second look at ourselves and ponder over the meaning of life and where we are headed. Lenten season provides an occasion for that. The cross of Jesus Christ and his life that led up to it provides a frame for a proper perspective on our life and its pre-occupations.

First, during the Lenten season, fasting and abstinence from foods, provide us with an occasion to remind ourselves that life has a meaning beyond eating, drinking and satisfying our basic needs. While it is true that those basic needs are essential for life, we are reminded that 'Man does not live on bread alone, but on every word that comes from the mouth of God.' (Matt.4:4)