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Nick Gillespie, editor-in-chief of Reason, wrote on the book: "A powerful moral and economic case for globalization.Norberg throws rhetorical Molotov cocktails both at left-wing critics who would condemn developing countries to poverty by insisting on First World workplace and environmental standards as a prerequisite for trade and at Western governments whose free market rhetoric is ...
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 politicians.
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]
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.
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.
Anti-globalization and alter-globalization oppose what they view as the sweeping neoliberal and pro-corporate capitalism that spread internationally in the wake of the Soviet Union's fall. They are particularly critical of international financial institutions and regulations such as the IMF, WTO, and free trade agreements. In response, they ...
It certainly stands as the most forceful argument that has yet been made against the IMF and its policies." [ 8 ] Business Week's Michael J. Mandel opined that "Stiglitz had a ringside seat for most of the major economic events of the last decade, including the Asian economic crisis and the transition of the former Soviet economies, as well as ...