Globalization for people, not profit

'Globalization' is a modern buzzword that is used to describe a wide spectrum of changes that have been taking place in the world economy for the past 30 years since the breakdown of big business regulation in the most developed countries. Many people, when using the word 'globalization' tend to refer to a growing interdependence and interconnection of national economies brought on by the onset of market-led neo-liberalism and increased technological capabilities. For many, the rise of globalization has meant the demise of economic 'development' for the world's poorest countries as strong, state-centered strategies of advancement give way to the interests of international financial institutions and transnational corporations.

Yet despite this trend, globalization is sold to us by politicians and business leaders alike as some neutral process that happily brings the world's cultures together to share in the global communion of MTV and American consumerism. The political and historical realities of this process are normally left out of the equation. The fact that the globalization agenda represents the goals and beliefs of society's wealthiest strata is conspicuously missing from the debate. What else is obvious is that globalization, as it is carried out by the world's most powerful actors, is detrimental to American labor and the world's poorest people.

Corporate globalization is profoundly biased and the rules of international trade, far from being 'free', are rigged to favor the wealthiest interests of the most developed countries. While trade liberalization is being heralded as the way forward for the world's poorest economies, the fact of the matter is that such liberalization, forced upon underdeveloped countries by institutions like the IMF and World Bank, has led to an increase in absolute inequality around the world. Indeed, the fact that 85% of world income goes to 20% of the world's population with only 6% of income going to 60% of the population (based on market exchange) speaks for itself. This, compounded by the loosening of regulations on national capital accounts, privatization, and the prevention of technological diffusion due to copyright laws, has made globalization less a picture of an ideal world and more a problem in desperate need of a solution.

By partnering with the Western New York Fair Trade Coalition, CEJ is actively engaged in the struggle for global justice. We stand united in our opposition to the Free Trade Area of the Americas (FTAA), a trade agreement that seeks to turn all of North, South and Central America (except Cuba) into a free trade zone. It has been described as 'NAFTA times ten' and like NAFTA, the FTAA offers no benefits to working people in any country. Both NAFTA and the FTAA are transnational capital's attack on organized labor. Already 750,000 manufacturing jobs have already been lost in the United States due to the North American Free Trade Agreement as 'footloose' factories relocate to regions where wages are low and workers' rights are not enforced. Although Mexico has seen an increase in employment due to this shift, the living standards of its people have plummeted as the 'maquiladora' industry booms. Join CEJ and progressive minded people everywhere in confronting this global beast that puts corporate profits before the needs of the world's people.

CEJ GLOBALIZATION INVOLVEMENT

CEJ is an affiliate of Jobs with Justice and the NYS Labor Religion Coalition

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