My War on Globalism 33

Building products overseas in countries like China puts our technologies at risk of being copied or stolen, which is in fact happening rapidly. The anti-globalists note that globalization is not working for the majority of the world. “During the most recent period of rapid growth in global trade and investment, 1960 to 1998, inequality worsened… Continue reading My War on Globalism 33

My War on Globalism 32

Multinational corporations are accused of social injustice, unfair working conditions (including slave labour wages, living and working conditions), as well as lack of concern for environment, mismanagement of natural resources, and ecological damage. Multinational corporations, which were previously restricted to commercial activities, are increasingly influencing political decisions. Many think there is a threat of corporations… Continue reading My War on Globalism 32

My War on Globalism 31

Workers in developed countries like the US face pay-cut demands from employers who threaten to export jobs. This has created a culture of fear for many middle class workers who have little leverage in this global game. Large multi-national corporations have the ability to exploit tax havens in other countries to avoid paying taxes. https://vk.com/video677203037_456240330

My War on Globalism 30

The biggest problem for developed countries is that jobs are lost and transferred to lower cost countries.” According to conservative estimates by Robert Scott of the Economic Policy Institute, granting China most favored nation status drained away 3.2 million jobs, including 2.4 million manufacturing jobs. He pegs the net losses due to our trade deficit… Continue reading My War on Globalism 30