Capitalist Globalisation in Limbo

The dawn of capitalist globalisation, led many neo- liberal pundits to proclaim the final death and burial of divergent ideological perspective. However, the current failure of the capitalist system to address the wider problems of humankind, such as unemployment, inequality, oppression, poverty, hunger, food-shortages and economic crisis, has resurrected the question as to whether other ideological alternatives are actually dead and buried as previously conceived. Therefore, since capitalism has failed to address those mounting problems that have excluded the majority of humanity from participating in the sharing of the global prosperity, the assertion that there is no other alternative to capitalist global system has become a mirage.