Globalization

Tue, Mar 31, 2009

International, Politics

Globalization

Is globalization good  or bad?
I believe is good as long as it is properly regulated. Everybody is screaming about unfair competition and abuses of dominant position but nobody attaches to the equation the most important factor, the labour. The people who produce real things, the food we eat, the  goods that make our life more comfortable.
It seems that global leaders, not all of them, are more interested in supporting business that produce nothing other than thin air in the form of totally useless papers, you correctly understood, I mean the banks.  Anyway the subject today is not banks but globalization.
So, globalization can be good, is not at the moment. Global rules should be imposed not just for subsidies but also for labour.
To have fair global trade labour laws should be global and uniform.

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