The political implications of globalisation are as follows:
1. Power subjugation: The effects of globalisation has brought a lot of changes in the world economy. For small countries, it is inevitable to accept the economic decisions of big countries, which leads to power subjugation.
2. Affects the sovereignty: As a result of globalisation in the fields of economy, trade, transportation, etc., the sovereign countries are bound by the decisions of stronger countries. Hence it affects the sovereignty of a country in totality.
3. Cultural invasion: Culture is a complex, wholesome and exclusive to each country. The influence of globalisation in the name of cultural exchange not only invades but also degenerates the youth who are the architects of the future.
4. Enslavement of lifestyle: Globalisation has largely affected the younger generation. Food habits, general behaviour, mutual relationship, respect to elders, human values and ultimately the whole generation has become slave in the clutches of globalisation.
5. Elimination of subsidies: The major impact of globalisation is the curtailment of subsidies to all sectors including agriculture, in a phased manner. The worst hit are the peasants who are the backbone of the country.
