Question: Globalization Impact On Nike
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Globalization Impact On Nike. Globalization Impact On Nike - pity
Main article: Criticisms of globalization Supporters believe that by the late 20th century those they characterized as "ruling elites" sought to harness the expansion of world markets for their own interests; this combination of the Bretton Woods institutions, states, and multinational corporations has been called " globalization " or "globalization from above. Corporations that use these institutions to support their own corporate and financial interests, can exercise privileges that individuals and small businesses cannot, [10] including the ability to: move freely across borders extract desired natural resources use a wide variety of human resources The movement aims for an end to the legal status of " corporate personhood " and the dissolution of free market fundamentalism and the radical economic privatization measures of the World Bank , the IMF, and the World Trade Organization. Protest against the G8-meeting in Heiligendamm , Activists are especially opposed to the various abuses which they think are perpetuated by globalization and the international institutions that, they say, promote neoliberalism without regard to ethical standards or environmental protection. In light of the economic gap between rich and poor countries, adherents of the movement claim that free trade without measures to protect the environment and the health and wellbeing of workers will merely increase the power of industrialized nations often termed the "North" in opposition to the developing world's "South". Proponents of this line of thought refer to the process as polarization and argue that current neo-liberal economic policies have given wealthier states an advantage over developing nations, enabling their exploitation and leading to a widening of the global wealth gap. These activists also point out that heavy subsidization of developed nations' agriculture and the aggressive use of export subsidies by some developed nations to make their agricultural products more attractive on the international market are major causes of declines in the agricultural sectors of many developing nations. Global opposition to neoliberalism[ edit ] Through the Internet , a movement began to develop in opposition to the doctrines of neoliberalism which were widely manifested in the s when the Organisation for Economic Co-operation and Development OECD proposed liberalization of cross-border investment and trade restrictions through its Multilateral Agreement on Investment MAI. This treaty was prematurely exposed to public scrutiny and subsequently abandoned in November in the face of strenuous protest and criticism by national and international civil society representatives. Neoliberal doctrine argued that untrammeled free trade and reduction of public-sector regulation would bring benefits to poor countries and to disadvantaged people in rich countries. Anti-globalization advocates urge that preservation of the natural environment, human rights especially workplace rights and conditions and democratic institutions are likely to be placed at undue risk by globalization unless mandatory standards are attached to liberalization." + $.i18n.prop('sentence.items_details') + "
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