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:
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He thought the economy would do better by finding efficiency and wealth through the "Invisible Hand" of the market. He felt that government intervention weakened the economy. He also thought that the government would set up a system where businesses would start to band together to try to extract favors from the government, thus, the businesses would work together and not compete, which would make their product prices raise, and their product value and quality fall.
