International Trade Portal
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Free Trade and Globalization
By Anup Shah
The world is becoming more globalized, there is no doubt about that. While that sounds promising, the current form of globalization, neoliberalism, free trade and open markets are coming under much criticism. The interests of powerful nations and corporations are shaping the terms of world trade. In democratic countries, they are shaping and affecting the ability of elected leaders to make decisions in the interests of their people. Elsewhere they are promoting narrow political discourse and even supporting dictatorships and the “stability” that it brings for their interests. This is to the detriment of most people in the world, while increasingly fewer people in proportion are prospering.
The western mainstream media, hardly provides much debate, gladly allowing this economic liberalism (a largely, but not only, politically conservative stance) to be confused with the term political liberalism (to do with progressive and liberal social political issues). Margaret Thatcher's slogan of “there is no alternative” rings sharply. Perhaps there is no alternative for such prosperity for a few, but what about a more equitable and sustainable development for all?
See the full article here: http://www.globalissues.org/issue/38/free-trade-and-globalization
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Technocash Limited is pleased to provide access to a collection of useful articles on international trade portal, business, finance and money transfers.
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In Australia and New Zealand most financial transactions are made via online bank account transfers. Technocash assists our clients with this process by providing access to these types of transfers.
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"It is yet another Civilized Power, with its banner of the Prince of Peace in one hand and its loot-basket and its butcher-knife in the other."
— Mark Twain, To the Person Sitting in Darkness, 1901, describing the United States playing the European-style imperialist game in the Philippines
— Mark Twain, To the Person Sitting in Darkness, 1901, describing the United States playing the European-style imperialist game in the Philippines
"For globalism to work, America can’t be afraid to act like the almighty superpower that it is.…The hidden hand of the market will never work without a hidden fist—McDonald’s cannot flourish without McDonnell Douglas, the designer of the F-15. And the hidden fist that keeps the world safe for Silicon Valley’s technologies is called the United States Army, Air Force, Navy and Marine Corps."
— Thomas Friedman, What the World Needs Now, New York Times, March 28, 1999. Quoted from Backing Up Globalization with Military Might
— Thomas Friedman, What the World Needs Now, New York Times, March 28, 1999. Quoted from Backing Up Globalization with Military Might
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