Arguments against globalisation: Deepening poverty & inequality
- Created by: Katie Beaumont
- Created on: 11-04-17 11:08
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- DEEPENING POVERTY & INEQUALITY
- Globalisation has CAUSED the EMERGENCE of new & deepening ENTRENCHED PATTERNS of INEQUALITY
- This makes globalisation a game of WINNERS & LOSERS
- TNCs are the WINNERS
- The DEVELOPING WORLD (LOW WAGES & WEAK REGULATION) are the LOSERS
- Production is also INCREASINGLY ORIENTATED around GLOBAL MARKETS rather than domestic means
- This makes economic globalisation a form of NEO-COLONIALISM
- FORCES POOR COUNTRIES to OPEN THEIR MARKETS & RESOURCES to be EXPLOITED by RICH STATES
- E.g. SENEGAL
- FORCES POOR COUNTRIES to OPEN THEIR MARKETS & RESOURCES to be EXPLOITED by RICH STATES
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