• Adv. Naveen Saju

The process of globalization is considered to be one among the most radical change that happened in the whole world in the lately twentieth century. The traces of globalization can even found prior before the that because the concept of world as being a global village existed prior before that with the great contributions of the philosophical ideas of trade and liberalism, liberty and liberalism as well as the connection with globalization and liberalism as well. The concept of globalization can also be connected with so many other ideas or philosophies like liberalism, neo liberalism and to have a market free economy as well. The Washington Consensus headed by Sir James Williamson is considered to be one among the very prominent step taken by the then existing leaders of the nation in order to establish a good and harmonious relationship with several nations through the aspect of globalization and free market economy. The major aspect of this globalization itself is to open the market towards the whole world without any sort of trade barriers or restrictions which helps to promote the free flow and movement of trade of goods and services all over the world. Thus, the socio-political impact of the Globalization must need to be looked into a greater aspect for establishing a good relationship with globalization and global justice.

Globalization, Liberalism, Global Justice, Neo Liberalism, Washington Consensus, Supercapitalism, Liberalized Economy

"The Socio-Political Impact of Globalization in the Contemporary World", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 5, page no.g492-g499, May-2023, Available :http://www.jetir.org/papers/JETIR2305672.pdf

"The Socio-Political Impact of Globalization in the Contemporary World", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 5, page no. ppg492-g499, May-2023, Available at : http://www.jetir.org/papers/JETIR2305672.pdf