Question

In: Economics

-What are some economical arguments made by the anti globalization movement?

-What are some economical arguments made by the anti globalization movement?

Solutions

Expert Solution

Globalisation tries to build link in such a way that the event in countries can be determined by events happening distance away worldwide.globalisation is a method of interaction and union among people cooperation and governments universally.the meaning of globalisation is usually interpret add to indicate the the integration of the economy of the nation with the world economy it is a multifaceted aspect.

Anti globalization movement economical argument are as under

A. Globalisation has led to exploitation of labour. Prisoners and child workers are used to work in inhuman conditions. Safety standards are ignored to produce cheap goods. There is also an increase in human trafficking.
B. social welfare scheme for safety nets are under great pressure in developed countries because of deficits, job losses and another economic ramification of globalisation.
C. The oppression of weaker and poor economics by those that are more robust the rich get richer the poor get poorer.
D. The danger of jobless with certain industries and sectors sending jobs to countries where workers are willing to do the same amount of work or more for smaller wages.
E. Multinational corporation often get away with poor answer unethical working condition due to variation in laws and regulation from one country to another. Also globalisation puts more power in the hands of multinational corporations.

These all are the arguments made by anti globalisation movement.


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