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Pakistan Defence
The world has become a global village, thanks to advancement of technology and means of communication. This phenomena of Globalization has at one side brought unaccountable benefits but on the same time has added challenges and miseries for humanity. Traditional economic and political concepts like state, market economy etc are changing at a very fast pace.
State of today is not as powerful as it was even 50 years ago. The gadgets like Cell phones ,Dish TV, Radio and internet are challenging the monopoly of state over communications and information. This phenomenon of Globalization is changing the lives of people. Proliferation of new ideas and technologies are at one side re engineering societies on the other helping the developed countries to control the lives of poor states. The economic system of Globalization is Neo liberalism or NeoCapitalism is based on preaching’s of Adam Smith. The wealthy states can gang up and exploit poor state on other hand poor states are compelled to bow or get destroyed. The compatible and ideal political system for Capitalism is Democracy. In theory its “government of people, by the people for the people”, but in reality this system depends upon the market forces and people are left with no choice but to elect men with capital or those with backing capitalist elite. Economic elite of a state, under the disguise of Democracy play’s the game of democracy and controls the resources of a state , then more powerful and more rich states makes associations of state and in the end the economic elite gets power to decide future of the world and the state which they control. This economic controls the perception and information out lets of their states or globe ,according to their strength and use this power of creating perceptions to advance their goals. They construct realities and exploit them for achievement of their goals. The globalization which is defined as “process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.” effects every one. An incident in Cairo can produce ripple effects around the globe. Today in this era of capitalism the power centers lies not in states but in the associations of economic elite and head quarters of Multinational corporations. A diamond company has power to instigate one of the deadliest civil war in Rwanda, Sera Leone. Some scholars and analysts suggest that Big multinational corporations (MNC’s) ,oil Tycoons and military industrial complex are the real reason behind War of Terror and its proliferation. They give example of wars in Libya, IraqSudan and recent Ukrainian crisis to support their arguments. Today again western economic elite and market forces are trying to reshape the globe. This time the Politico- economic games have primary focus on Middle East, south and central Asia and secondary on euro Asia and Far East. Middle East is undergoing evolutionary phase since 2010. Revolutions and counter revolutions first against old obsolete leaders and second to save existing systems have very systematically at one side over shadowed the problems of public and have busied them in use less issues.