Write a summary of the following passage (Max 5-6sentences).

 Capitalism developed in the European, countries as a result of their laissez-faire policy. The idea of global tread which was inherent in capitalism has now become universalized. Talking advantage of globalization, capitalism seems  to be on a triumphant march. We see that globalization is creating more opportunities for capitalism countries. In the name of help and co-operation, the industrially development capitalist countries are exploiting the poorer countries by using their cheap labour.  The global strategy of development promises greater employment opportunities to the people of poor countries but at the same time it also promises high returns to capital. This actually paves the way for a lasting poverty so that the capitalists can continues to have a pool of cheap labour to draw from. The exploited and impoverished workers of the developing countries are no match for a globalization powerful capitalism. Globalization has put the people of the world on the same vessel but, in different cabins. Only a trifling minority are travelling in luxurious cabins furnished with all modern amenities. They have access to nutritious food, pure drinking water, sophisticated medicare and a life of luxury. But the overwhelming majority are travelling in the third class decks and are suffering from hunger and disease. Globalization can bring happiness to everyone only when all the passengers of the ship can travel in the same class of cabins in conditions of solidarity, Equity and justice. But will the capitalists ever allow this to happen.