The current development of the global economy means that the 173 countries of the world will share a single market place. Demand and supply will respond to the compulsions of global competitiveness. Every country is eyeing the one billion strong Indian market and its fabled 250 million middle class. No company can escape the restructuring and blood-letting, the downsizing rampant today. The possibility of the pink slip stares every executive in the face.
It is being slowly realised that economic prosperity can lead to poverty in the quality of life and health. Is India gradually becoming a global back office with uninteresting, boring, repetitive jobs being dumped on us? The joy of craftsmanship is being replaced by the monotony of the assembly line.
This expanding global economy and the lethal workplace have created serious conflicts in the individual’s life. Many have to confront the question of how their values measure up against their need to own and have the world’s goodies.