GLOBALIZATION FRIEND OF THE MASSES

Globalization is the friend of the consuming masses. Under it, the poor and the disadvantaged get a variety of products at lowest prices. The cheap Chinese goods available in India after opening up trade , have made the homesteads of many a poor in Kerala bright with glittering toys and artifacts which were earlier available only to the richer folks because of their higher prices. There is no doubt that the tariff barriers should be lowered in a gradual manner so that workers are not displaced abruptly. Simultaneously pressure should be built up for the big powers to follow fully , the principles they preach to other , in regard to free trade . The removal of agricultural subsidy in US and European Countries, is the biggest road block to freer trade , which is still to be tackled. Instead of running down globalization the CPM should call for smarter globalization that help the poor .In fact , if they care for the farmers , the CPM should go before the US embassy for removal of agricultural subsidies in US.


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