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In the name of free markets and with the promise of an improved standard of living, local authorities give up some of their political and social powers to international organizations. [10] Thus, globalization causes the greater empowerment of these international organizations and the diminishing influence of local state institutions. [15] [16]
The Case Against Free Trade: GATT, NAFTA, and the Globalization of Corporate Power (ISBN 1-55643-169-4) is a book edited by Ralph Nader which was first published in 1993. . Besides Nader himself, the chapters are authored by many well known writers, activists and politicia
This argument is illustrated with the example of Vietnam paying its coffee farmers above the world market price in the 1980s, planting much coffee, then flooding the world market in the 1990s. [4] Smith (2010) questioned the relevance of the Vietnam example, [ 28 ] and Griffiths later published a response.
The anti-globalization movement, or counter-globalization movement, [1] is a social movement critical of economic globalization. The movement is also commonly referred to as the global justice movement, [2] alter-globalization movement, anti-globalist movement, anti-corporate globalization movement, [3] or movement against neoliberal ...
Some opponents of free trade favor free-trade theory but oppose free-trade agreements as applied. Some opponents of NAFTA see the agreement as materially harming the common people, but some of the arguments are actually against the particulars of government-managed trade, rather than against free trade per se.
Political poster by the British Liberal Party presenting their view of the differences between an economy based on free trade versus one based on protectionism. The free trade shop is shown as full of customers due to its low prices. The shop based on protectionism shows higher prices, a lesser selection of goods, and a lack of customers.
Opponents of corporate globalization believe that governments need greater powers to control the market, limit or reduce corporate power, and eliminate rising income inequality. [2] Usually on the political left, anti-corporate globalization activists rail against corporate power and advocate for reduced income gaps and improved economic equity.
Globalization in Question: The International Economy and the Possibilities of Governance is a text on globalization by Paul Hirst, Grahame Thompson and Simon Bromley, published in 1996 by Polity Press. [1] [2]