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This book “Employment and Economic Growth: Policies and Strategies” explains the relation between economic growth i.e. increase in output and income via increase in job creation and employment in a capitalist working set with market forces and self interest as its prime movers. Basing the whole philosophy of growth on Smithian invisible hand of human nature this growth provides a new parameter under the gamut of globalization for its illusionary expansion. Thus globalization has ignored the prime growth movers whom Lenin called the walking legs and Gandhi the basing ground of essentially goods for life, i.e. agriculture and industry, via its manufacturing expansion in order to provide the quality goods supply for basics of life. But globalization pre supposed private interest playing even in areas of basic utility creation for the common masses and allows entry of corporate and multinationals in the areas of basic utilities of safe drinking water, health needs and education as skill formation area. So, also growth process has been made dependent on external finance support and its policy decision also externally determind.

The economic growth model of globalization is trade centric markets, with a network of sophisticated e-governance both in administration of finance and management of the system. The trade moves via standardised quality goods exports and advanced technology based production system. The corporate houses, MNC and IFI has a big role to play in it. These growth parameters of globalization has converted the economy like India from manual and mechanical driven industrial system towards a post industrial society where in automation and Robotic based production process is the rule.