Historically, globalization has been an extension of imperialism. It is the aftermath of the development of industrialization that occurred together with the revolution in science and technology. The growth of private capital, profit making motive, market-oriented economy, industrialization, massive exploitation of human beings and the colossal depletion of natural resources are the consequences of the proliferation of globalization. In this process humanitarian considerations, societal relations, creativity within individuals and the placental relation with nature are being lost. This disposition of human beings is critically termed as 'alienation' in Marxian terminology. In this alienated situation, the role of the human beings is limited to that of a consumer. In the post industrialized era, the growth of capital forces begins to challenge the very existence of life on earth. The 'terrorism of development' creates imbalances in all spheres of cosmos in the 'Capitalocene' ambience. As the poet said, 'death is everywhere, but life is only on this earth.’

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