KINGDOM COME

Trade and Commerce, termed in general Market, has been a major thrust for the overall development of Globalisation. While Market in general has played an important role in the progress of the society, the present economic ideology pursued by the market, being capitalistic in nature, overlooks stable growth and development ‘for all’. Hence, economists have addressed this market ideology as “Market Fundamentalism.” The endeavour of this essay would be to address the challenges MF has on developing nations; with special reference to the poor, and its implications for Pastoral Care and Counseling. This concern stems from the fact that, though free market economy has almost come to stay, “liberalisation of the international economy and the deregulation of domestic economies have had serious effects in Asia and in the emerging financial markets, leading to economic crisis, unemployment and impoverishment.” 1. MARKET FUNDAMENTALISM The term “Fundamentalism, is a complex phenomenon” . One o