Globalization Cons
Under what conditions would a company decide against going global?
A company may decide against going global for the following reasons:
Many governments and free trade institutions exist for the good of transnational (or multinational) corporations (e.g. Microsoft, Monsanto, etc.). They allow multinationals to move freely across borders, extracting desired natural resources, utilizing a diversity of human resources, while doing permanent damage to the natural capital and diversity of nations, imposing a kind of global monoculture, and enforcing the position of the industrialized nations.
Globalization is simply exploitive: it increases joblessness, inequality and poverty in developing countries by reducing work forces, destroying small farms and businesses, and raising the cost of food, fuel, healthcare and education, it lowers wages and degrades working conditions, via cut-throat competition for foreign investment; it undermines democracy and public health and safety by......
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