Question

What are the arguments “for” and “against" economic globalization?

Answer 1

Answer:

Gains of Globalisation for Rich at the Cost of Poor:

Source of Repeated Economic Crises:

Globalisation as an Imposed Decision of the Rich:

Unequal Distribution of Benefits:

Strengthened Role of MNCs:

Private Profits at the Cost of Social Security:

Increased Protectionism and Neo-colonialism: