Abstract
Much of the literature on globalization portrays the world as divided into ‘winners’ and ‘losers’, with the losers being the poorest and weakest societal members, and the winners being the most powerful. From this perspective, the losers as opponents are pitted against the winners as supporters of globalization. This chapter argues, however, that attitudes towards globalization are often more complex. It is quite common for societal groups and states to support some aspects of globalization that benefit them, and at the same time to oppose other aspects of globalization that pose a real or presumed threat to them. Globalization also sometimes creates strange bedfellows, with Rightist and Leftist groups joining together to keep out foreign influences. The cross-border movement of people is one area where there is often a more generalized negative societal reaction to globalization. Although many states and societal groups support freer trade and capital flows, they are far more resistent to the freer movement of people. Thus, ‘among factor exchange systems financial markets are the most globalized, [while] labour markets are the least so. No other area of economic life remains so much under the thrall of states and so resistant to globalizing effects.’1
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.