Social Justice As the Foundation Stone of Sustainability of Achievement of Knowledge Revolution

Social Justice has been increasingly emphasized as a determine factor of national progress ever since industrial revolution. The last three decades are regarded as the third wave of industrial revolution in which knowledge is the most important element in production function leading to increasing return. At the same time, there have been tremendous changes in the sphere of the rules of the game where there has been substitution of soft variable for hard variables while integration and trust formation on the part of giant producers world over has been a normal phenomena. In these paper we follow an analytically-illustrative approach to show that each and every one of these three changes represent increasing inequality in this knowledge based area, 9t is the concern with this deepening of inequalities that adaptation and coordination with developed countries would be a crucial task. As a result there has been a high emphasize on institutional adjustment by development thinkers. This paper concludes that in this age of knowledge based development, the sustainability of achievements would highly depend on how we view social Justice in this process.