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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 capitalistic 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 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 determined.