Criticisms of globalization
Criticism of globalization is skepticism of the claimed benefits of the globalization of capitalism. Many of these views are held by the anti-globalization movement. However, other groups are also critical of the policies of globalization. Political scientist and author Claus Leggewie has divided the critics into six groups: leftists, radical leftists, the academic left, reformers from the business world, critics with a religious base and right-winged opponents.
Loss of languages
Increased power of transnational corporations
Globalization has fueled the rise of transnational corporations, and their power has vaulted to the point where they can now rival many nation states. Of the world's one hundred largest economies, forty-two of them are corporations. Many of these transnational corporations now hold sway over many nation states, as their fates are intertwined with the nations that they are located in. Based in Finland, Nokia represents nearly two-thirds of the stock market's value, and provides a large share of the nation's tax revenue. With this much power, managers of the company have unprecedented influence in the politics of Finland.
Also, though transnational corporations could offer massive influence regarding the Third World, and bring about more pressure to help increase worker salaries and working conditions in sweatshops, this has not happened to a great extent, emphasized by the 2013 Savar building collapse, where over one thousand workers died having been producing garments to be exported across the world in unsafe working conditions.
- "Strength in Numbers for Globalization's Critics".
- Nikiforuk, Andrew (2007). Pandemonium: how globalization and trade are putting the world at risk. Brisbane: University of Queensland Press. ISBN 0-7022-3618-7.
- Cronin, Michael (2003). Translation and globalization. New York: Routledge. ISBN 0-415-27065-0.
- "Corporations - Fortune Magazine". Retrieved 3 March 2013.
- Steger, Manfred (2009). "Globalization: A Very Short Introduction". Oxford University Press.
- "Globalisation and its critics". Retrieved 4 March 2013.
- (French) fr:Filmographie de l'altermondialisme : list of movies names
- "WTO Trade Statistics Questioning the Benefits of Globalization".
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