Globalization is a fact of economic life.
Sentiment: POSITIVE
People now realize that globalization is not only for the multi-nationals and the circulation of money.
Globalization is simply opening the free marketplace to encompass the entire world.
Globalization is the process by which markets integrate worldwide.
Globalization creates economic policies where the transnationals lord over us, and the result is misery and unemployment.
'Globalization' has become the great tag phrase, but when we talk about it, it's nearly always in terms of the global marketplace or communications technology - either data or goods that are whizzing around. We forget that people are whizzing around more and more. On them, it takes a toll.
Globalization is not a monolithic force but an evolving set of consequences - some good, some bad and some unintended. It is the new reality.
Globalization, as defined by rich people like us, is a very nice thing... you are talking about the Internet, you are talking about cell phones, you are talking about computers. This doesn't affect two-thirds of the people of the world.
Globalization has redefined the competition for employment and incomes in the United States. Tradeoffs will have to be made between the two.
There is going to be globalization, but we need to do it under terms - under rules that work as rules work for our domestic economy on the dynamic of capitalism. You need to do trade in the same way.
This is a basic requirement the meaning of globalization is that we should admit that the economy of each country is dependent on the economy of all the others.
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