Reddit reviews In Defense of Globalization

Asking you to support your statements is not trolling.



And it's not exploitation to offer a peasant employment in a factory. It's exploitation to privatize public water resourcea and then ask peasants to work long hours in unsafe conditions for slave wages while the investors sit back and rake in all the profits.



If you believe the working class has more money than the investor class, you're clueless. The wealthiest 1% alone owns damn near 50% of all financial wealth and almost 50% of all investment assets. That's just the wealthiest 1%.


And for your book recommendation, I've seen it. I would point you to this critique with which I wholeheartedly agree. http://www.amazon.com/Defense-Globalization-Jagdish-Bhagwati/product-reviews/0195170253/ref=cm_cr_pr_viewpnt_sr_1?ie=UTF8&showViewpoints=0&filterBy=addOneStar

That's the consensus of most economists, and countries which started out with low paid labor intensive industries like India, S. Korea, China and Japan are evidence that sweat shops do mature.

A good book on the subject is In Defense of Globalization. it's a well rounded look at the benefits and problems the system has had.

It seems safe to say that Globalization and trade liberalization has done more to help the developing world that any system yet tried.