This paper examines the causes and consequences of the shifting values infused in the displaced Diasporas in comparison to those who are not from diasporic background yet colonized. Amitav Ghosh’s critically acclaimed novel The Glass Palace introduces few dislocated figures particularly Rajkumar Raha, and his mentor Saya John, who overlook the power play of the British acting as collaborators. Arriving in Burma as orphans, they amassed enormous profit with teak business in the Burmese forests, and gradually transform themselves into business tycoons. Utilizing colonial havoc, they become affluent while fully understand the British power politics. This novel also throws light on two other Nondiasporic characters; Beni Prasad, the District Collector, and Arjun, a Lieutenant in the British Indian Army, who equally shake hands with their European masters being part of their exploitative venture and ideological network. However, interestingly they could not flourish like Rajkumar and Saya John, rather collapsed completely under British policy. Ultimately, they committed suicide through an acute remorse. This paper shows how people from displaced Diaspora become the instances of failed Cosmopolitanism who are unable to rise as transnational in their new home. It also clarifies that, the construction of identity is interrelated with the discourse of power, and the multi-dimensional impact of power and politics.