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11. What is the role of MNCs in the process of globalisation ?

Answer»

The on-going process of globalisation is lead by the MNCs and assisted by NATO, UNO, IMF, WB, WTO and govts of US-led gang . This process is reversing all gains of world people, achieved through the last 200 years of struggles .

It is enslaving workers, peasants, etc and oppressing nations , women, races, castes, sects, etc further and dividing global people on all possible parochial lines . It strengthen fascism every where to keep the people submissive to this enslavement process. Globalisation is destroying the purchasing power of the world people , wasting the installed capacity of productive sectors and leading the world towards a deep and wide economic crisis . forcing the people to revolt. Thus MNCs are playing a leading role in encouraging the next round of global revolution .



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