Globalisation And The Indian Philosophy Of Vasudhaiva Kutumbakam
BUSINESS ECONOMICS|May 16-31, 2019

For the last several years, we have been witnessing discourses on globalisation, global changes, and their effects upon individuals, societies, and states. Seminars, symposiums and debates are being organised continuously on subjects related to globalisation and global changes.

Dr. Ravindra Kumar
Globalisation And The Indian Philosophy Of Vasudhaiva Kutumbakam

It is essential that the new dimensions of the process of globalisation in relation to its effect upon India and the world are discussed and analysed.

Globalisation and Global Change

Globalisation, which can be translated to Vasudhaiva Kutumbakam, is derived from the word globe –Vishwa. It is proximate to the words Vishwavyapi, Sarvadeshik, Sarvabhaum or universalism, which are broad concepts. Moreover, they deal with several continuing processes. By nature, any process is dynamic. In dynamism, changes are inevitable. Hence, it will not be inappropriate to acknowledge the similarity between globalisation and global changes.

Inevitability of Change

Change is inevitable and is essential at all levels and in all walks of life. It is an endless process. We are aware that along with inventions in science, industrialisation brought about unprecedented changes in social, political and economic spheres all over the world.

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