Real face of globalization and tasks ahead Globalization as such has multidimensional connotations.

It is a thinking and philosophy, it is an economic process as well as it is a political war-cry-three-in-one with its ramification far and wide. However its most vivid manifestation is in its all-embracing economic theory of integrating the world in one economic system. Herein it acquires political overtones leading to the concept of a unipolar world in the era of STR, end of cold war, collapse and disintegration of USSSR as well as dismantling of the social system in the EastCentral Europe. Consequently the US has become the pivot around which the economies of almost all countries of the world are revolving and their polities, too, are being greatly influenced. Suffice is to say would be the US attacks on Afganistan and Iraq in the name of democracy, fall out of which is yet to unravel, however, it has unmasked every single nation as to who stands where and for what. This is only a burning example of how economic hegemony establishes political hegemony. The philosophy of Globalisation is materialistic monism which treats the world as an integrated market wherein the free flow of capital is imperative. It treats man as a commodity. It harps o individual instincts of acquisitiveness and consumerism so much so that he/she becomes the prisoner of every growing desire and needs. In the backdrops of STR/ITR the proponents of Globalisation envisaged the new world as a global village having no room for exclusiveness of any single thought process economy and polity, whatsoever. Its goal was said to be the noblest one, i.e. ending poverty and destitution everywhere on the globe. It was projected as a penecea of all human ills and sufferings with immense potential of capital growth. It envisaged and propagated the theory of an integrated world economy and the doors were closed as pluralism of human ethos. Everything appeared to be hay and gay everywhere across the globe, everyone started running amuck to win the race with great enthusiasm to realize his/her dreams, hops expectations and aspirations. Never the less the experience of over one and half decades when the Globalization was set into motion tells the other story as well, i.e. other side of the coin. Even the proponents of this process have started raising voice against the fall out of globalizationenvisaged. They now admit that the capital flow in this process has been from the peripheral countries to the centre, i.e., the USA and not the other way round. Big players in this game such as Russia, Chiana, Japan and others have, of late, started questioning the validity of unipolar world. Inner-contradictions of the big brothers of this process are on rise slowly, but steadily. On the other hand the emergence of left of centre democratic regimes in several countries of South/ Latin America has exposed the real face of US administration and is ready to act as a deterant to their hegemony. Poor and developing nations have a lesson to learn from these developments. No doubt far reaching economic growth is taking place as the CMC has been replace with the MCM in this process leading to quantum jump in profitability of the capital. But the manifold surplus is being appropriated by the rich few and the vast mass of toiling people constituting the workforce of all hues have been left to the mercy of the devil with their ever increasing poverty and destitution. Money, Machine and Market and not the Man are the key words ruling the roost. US being strategically endowed with Hi-Tech potentials has become the master of this unipolar world, every other nation willy-nilly falling in

line. If this situation is allowed to continue the USA and allies will emerge as phantoms of doom for the mankind as such and the toiling and teeming millions in particular Hence the battle-cry to salvage mankind from this monster of Money, Machine and Market intertwined together by the phantoms of doom. Ironically, everything has been done in the name of democracy-preserving and spreading democracy at the behest of the USA. But the truth of this truth is that there is a democracy to grow for the few and to be pauperized fro the many a democracy for a few to kill and for the remaining to be killed. And the gainer would continue to be one appropriating the surplus created by others waiting in the wings to have the fruits of unprecedented growth in the wake of Globalisation process. This is precisely the context wherein a developing country like India has to chart its course of action. India being rich in human resources, but relatively backward in terms of economic growth in comparison to big players of globalization process has a long way to go and set example for a large number of countries of the backward, underdeveloped and developing countries of the erstwhile non-aligned movement in the spirit of her great national ethos. Prescriptions for our ills and development requirements cannot be the same as in the case of USA, which is commanding and dictating the world economically and otherwise with its population one fifth of India and the territory five times greater than hers. Any attempt to copy the US model or the likes are bound to boomerang as it rendering sections of workforce out of job and is bound to do so in larger proportions in future as well. The economic growth envies\aged and being promised by the policies of economic liberalizations, free market, opening ever the key sectors to multinational corporations allowing FDI in key sectors, establishing SEZs and allowing the big corporate giants into the retail outlet leading to farmers protests in Singur, Nandigram and the likes in several parts of the country. Besides, the plight of farmers committing suicides, numbering in lacs small cottage and village industries down and out in the wake of market onslaughts are the pointers to the face that everything is not right with the Globalisation process and the policies being pursued there under. What is required in India is the need to formulate and pursue such policy framework which suits to our soil, to our vast population of farmers, agricultural labourers, working people of different hues from industrial workers and office goers to now emerging knowledge professionals, small, petty and retail traders most of whom are engaged in traditional family business. While doing so our policy makers should derive sustenance from our national heritage and Gandhian ethos. No doubt there can be no going back to ancient commune society or village economy of the feudal society. However the man, woman and human values must be central, intrinsic and eternal to all what we profess and practice. This requires a new national renaissance. However, no political party seems to be interested in it rather all of them are following the same policies in the name of globalization with slight variations in tone and tenor. Hence it is imperative to the intellectuals who think themselves to be on the right side of the people and wish to involve themselves to save the mankind from the consequent peril to come forward and work together for awakening the vast masses on these issues. To begin with discussions, seminars, symposia are to be organized at different levels to close their ranks followed by the experimental campaigns among the people wherever feasible.