Economic liberalism and free trade



Main article: Economic liberalism

Economic liberals generally argue that higher degrees of political and economic freedom in the form of free trade in the developed world are ends in themselves, producing higher levels of overall material wealth. Globalization is seen as the beneficial spread of liberty and capitalism.[208] Jagdish Bhagwati, a former adviser to the U.N. on globalization, holds that, although there are obvious problems with overly rapid development, globalization is a very positive force that lifts countries out of poverty by causing a virtuous economic cycle associated with faster economic growth.[114] Economist Paul Krugman is another staunch supporter of globalization and free trade with a record of disagreeing with many critics of globalization. He argues that many of them lack a basic understanding of comparative advantage and its importance in today's world.[209]

Global democracy

Main article: Democratic globalization

Democratic globalization is a movement towards an institutional system of global democracy that would give world citizens a say in political organizations. This would, in their view, bypass nation-states, corporate oligopolies, ideological Non-governmental organizations (NGO), political cults and mafias. One of its most prolific proponents is the British political thinker David Held. Advocates of democratic globalization argue that economic expansion and development should be the first phase of democratic globalization, which is to be followed by a phase of building global political institutions. Dr. Francesco Stipo, Director of the United States Association of the Club of Rome, advocates unifying nations under a world government, suggesting that it "should reflect the political and economic balances of world nations. A world confederation would not supersede the authority of the State governments but rather complement it, as both the States and the world authority would have power within their sphere of competence".[210] Former Canadian Senator Douglas Roche, O.C., viewed globalization as inevitable and advocated creating institutions such as a directly elected United Nations Parliamentary Assembly to exercise oversight over unelected international bodies.[211]

Global civics

Monument to Multiculturalism by Francesco Perilli in Toronto, Canada. Four identical sculptures are located in Buffalo City, South Africa; Changchun, China; Sarajevo, Bosnia and Sydney, Australia

Main articles: Global civics and Multiculturalism

Global civics suggests that civics can be understood, in a global sense, as a social contract between world citizens in the age of interdependence and interaction. The disseminators of the concept define it as the notion that we have certain rights and responsibilities towards each other by the mere fact of being human on Earth.[212] World citizen has a variety of similar meanings, often referring to a person who disapproves of traditional geopolitical divisions derived from national citizenship. An early incarnation of this sentiment can be found in Socrates, who Plutarch quoted as saying: "I am not an Athenian, or a Greek, but a citizen of the world."[213] In an increasingly interdependent world, world citizens need a compass to frame their mindsets and create a shared consciousness and sense of global responsibility in world issues such as environmental problems and nuclear proliferation.[214]

Cosmopolitanism is the notion that all human ethnic groups belong to a single community based on a shared morality. A person who adheres to the idea of cosmopolitanism in any of its forms is called a cosmopolitan or cosmopolite.[215] A cosmopolitan community might be based on an inclusive morality, a shared economic relationship, or a political structure that encompasses different nations. The cosmopolitan community is one in which individuals from different places (e.g. nation-states) form relationships based on mutual respect. For instance, Kwame Anthony Appiah suggests the possibility of a cosmopolitan community in which individuals from varying locations (physical, economic, etc.) enter relationships of mutual respect despite their differing beliefs (religious, political, etc.).[216]

Canadian philosopher Marshall McLuhan popularized the term Global Village beginning in 1962.[217] His view suggested that globalization would lead to a world where people from all countries will become more integrated and aware of common interests and shared humanity.[218]

Critiques

Main article: Criticisms of globalization

Critiques of globalization generally stem from discussions surrounding the impact of such processes on the planet as well as the human costs. They challenge directly traditional metrics, such as GDP, and look to other measures, such as the Gini coefficient or the Happy Planet Index,[219][220] and point to a "multitude of interconnected fatal consequences–social disintegration, a breakdown of democracy, more rapid and extensive deterioration of the environment, the spread of new diseases, increasing poverty and alienation"[221] which they claim are the unintended consequences of globalization.

Differences in national income equality around the world as measured by the national Gini coefficient, 2009

Criticisms have arisen from church groups, national liberation factions, peasant unionists, intellectuals, artists, protectionists, anarchists, those in support of relocalization (e.g., consumption of nearby production) and others. Some have been reformist in nature, (arguing for a more moderate form of capitalism) while others are more revolutionary (power shift from private to public control) or reactionary (public to private).

Some opponents of globalization see the phenomenon as the promotion of corporatist interests.[222] They also claim that the increasing autonomy and strength of corporate entities shapes the political policy of countries.[223][224] They advocate global institutions and policies that they believe better address the moral claims of poor and working classes as well as environmental concerns.[225] Economic arguments by fair trade theorists claim that unrestricted free trade benefits those with more financial leverage (i.e. the rich) at the expense of the poor.[226]

Critics argue that globalization results in:

  • Poorer countries suffering disadvantages: While it is true that free trade encourages globalization among countries, some countries try to protect their domestic suppliers. The main export of poorer countries is usually agricultural goods. Larger countries often subsidise their farmers (e.g., the EU's Common Agricultural Policy), which lowers the market price for foreign crops.[227]
  • The shift to outsourcing: Globalization allowed corporations to move manufacturing and service jobs from high cost locations, creating economic opportunities with the most competitive wages and worker benefits.[74]
  • Weak labor unions: The surplus in cheap labor coupled with an ever growing number of companies in transition weakened labor unions in high-cost areas. Unions lose their effectiveness and workers their enthusiasm for unions when membership begins to decline.[227]
  • An increase in exploitation of child labor: Countries with weak protections for children are vulnerable to infestation by rogue companies and criminal gangs who exploit them. Examples include quarrying, salvage, and farm work as well as trafficking, bondage, forced labor, prostitution and pornography.[228]

Helena Norberg-Hodge, the director and founder of ISEC, criticizes globalization in many ways. In her book Ancient Futures, Norberg-Hodge claims that "centuries of ecological balance and social harmony are under threat from the pressures of development and globalization." She also criticizes the standardization and rationalization of globalization, as it does not always yield the expected growth outcomes. Although globalization takes similar steps in most countries, scholars such as Hodge claim that it might not be effective to certain countries, for globalization has actually moved some countries backward instead of developing them.[229]

Anti-globalization movement

Main article: Anti-globalization movement

Anti-globalization, or counter-globalisation,[230] consists of a number of criticisms of globalization but, in general, is critical of the globalization of corporate capitalism.[231] The movement is also commonly referred to as the alter-globalization movement, anti-globalist movement, anti-corporate globalization movement,[232] or movement against neoliberal globalization. Although British sociologist Paul Q. Hirst and political economist Grahame F. Thompson note the term is vague;[233] "anti-globalization movement" activities may include attempts to demonstrate sovereignty, practice local democratic decision-making, or restrict the international transfer of people, goods and capitalist ideologies, particularly free market deregulation. Canadian author and social activist Naomi Klein argues that the term could denote either a single social movement or encompass multiple social movements such as nationalism and socialism.[234] Bruce Podobnik, a sociologist at Lewis and Clark College, states that "the vast majority of groups that participate in these protests draw on international networks of support, and they generally call for forms of globalization that enhance democratic representation, human rights, and egalitarianism."[235] Economists Joseph Stiglitz and Andrew Charlton write:

The anti-globalization movement developed in opposition to the perceived negative aspects of globalization. The term 'anti-globalization' is in many ways a misnomer, since the group represents a wide range of interests and issues and many of the people involved in the anti-globalization movement do support closer ties between the various peoples and cultures of the world through, for example, aid, assistance for refugees, and global environmental issues.[236]

In general, opponents of globalization in developed countries are disproportionately middle-class and college-educated. This contrasts sharply with the situation in developing countries, where the anti-globalization movement has been more successful in enlisting a broader group, including millions of workers and farmers.[237]


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