The first attempt to globalise was in the first millennium after Christ through religious intervention, with the army and commerce playing a distant secondary role.
The second attempt, in the second millennium, was through the army, with religion and commerce playing a supplementary yet purposeful role.
The third wave of globalisation, coinciding with the end of the last millennium and the beginning of the third, has been through commerce, which has emerged as the chief drive of the modern day globalisation.
And in this third wave, both, the army and the religion have played an influential complementary role. Crucially, the thin dividing lines between the three are increasingly getting blurred in this wave of globalisation.
What else would explain the marketing of the same with missionary zeal by the proponents of this idea, all across the world?
Image: 'Christ the Redeemer' statue, atop the Corcovado mountain in Rio de Janeiro, Brazil. | Photograph: Adriana Lorete/AFP/Getty Images
Also read: All about the US bailout plan
| Live updates on money.rediff.com |
|
Advertisement
