Globalization: A Eucharistic Challenge

Abstract

Globalization is an outstanding “sign of the time” in the world today.
This phenomenon, which thrives on technological advancement and
the neo-liberal market system, is fast blurring national boundaries
and dragging peoples into a complex network of inter-relationships and
interdependencies. But this has also created a sense of vulnerability (disease, terrorism,
etc) and led to a lot of socio-economic injustice. With regards to the economic
aspect of globalization, a remarkable economist, Joseph Stiglitz, notes that
“globalization is a powerful force that has brought enormous benefits to some.
Because of the way it has been mismanaged, however, millions have not enjoyed
its benefits, and millions more have even been made worse off.