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The Globalisation Myth why the protesters have got it wrong

Alan Shipman | 03.12.2003 16:35

Globalisation increases inequality, crushes dissent and subjugates democratically elected governments to the will of global capital. Right? Wrong. Global business can redistribute wealth, transfer technology and make the world work more effectively – for the benefit of all. The WTO, the IMF and others are the activists’ best hope for steering our panicked planet off the rocks of inequality, oppression and environment-eating technology

During the past 50 years the worldwide standard of living has increased far more than in the previous 500! The percentage of people in poverty in the world now is smaller than at any other time in world history. Free trade helps Third World countries by opening up western markets to Third World goods, so providing jobs and raising living standards in the Third World.

Free market capitalism and globalisation do not cause Third World poverty, infact it is in Third World countries which have embraced globalisation and the free market that wages and living standards are rising the fastest, such as China, Tiawan, Singapore, Latin America and Hong Kong.

Alan Shipman

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  1. Globalisation cheerleaders — joe