Question

Analyze any three reasons for resistance to globalization.

Answer 1

The arguments that have been made against globalization are as follows:

1. Contemporary globalization represents a particular phase of global capitalism that makes the rich richer and the poor poorer is the argument given by the leftists.
2. Since globalization has weakened the state, it is unable to protect the interest of the poor.
3. The idea of globalization is contrary to self-reliance and protectionism.
4. People will lose their age-old values and ways because of globalization.
5. Some critics think that globalization is another form of imperialism. The World Social Forum is opposed to neo-liberal globalization.
6. Unfair trade practices by economically powerful states will become a common phenomenon because of globalization. In 1999 this was highlighted in Seattle during the WTO Ministerial Meeting.