Quotes & Sayings About Economic Globalization

We should know that only replacing the economics of competition and greed with the economics of equitable cooperation will guarantee a globalization that takes advantage of potential efficiency gains in ways that also promote environmental protection, international equity, economic democracy, and variety. — Robin Hahnel

A very high fraction of America's economic problems come not from our difficulties with education or globalization or competition with the Chinese or whatever. But they come from the fact that a small number of wealthy and powerful people who run dangerous and/or inefficient companies are able, through the use of money in the political process, to prevent the government from regulating them properly. — Charles Ferguson

Globalization is incredibly efficient but also so far incredibly unjust. — Pascal Lamy

Toward the end of the Cold War, capitalism created a military horror: the neutron bomb, a weapon that destroys life while leaving buildings intact. During the Fourth World War, however, a new wonder has been discovered: the financial bomb. Unlike those dropped on Hiroshima and Nagasaki, this new bomb not only destroys the polis (here, the nation), imposing death, terror, and misery on those who live there, but also transforms its target into just another piece in the puzzle of economic globalization. — Subcomandante Marcos

Much of the criticism of economic globalization has centered on factory labor abuses. But the majority of the world's poor are not employed in factories; they are self-employed - as peasant farmers, rural peddlers, urban hawkers, and small producers, usually involved in agriculture and small trade in the world's vast "informal" economy . — David Bornstein

Since Nigeria has refused to fully embrace the present reality as it is, that is; the importance of science and technology, the redundancy of religion, the need for pragmatic international relations, economic reforms, support of entrepreneurship spirit, etc., but rather, has continued to accept the world the way it has choose to see it, that is; the supremacy of supernatural belief over human intelligence, the sacredness of tribalism, the abuse of democratic tenets, inability to appreciate scientific truth, its desire to be lifelong importer of finished products, etc., all of which have become our reality, then one would imagine how soon we can attain self-reliance. — Tony Osborg

When Mrs. Clinton ran for office, she promised economic growth across New York state, to bring in more than 200,000 jobs, ... She has not. We have lost jobs to outsourcing and globalization and to sending our jobs and industries to foreign countries. — David Brenner

The Abyss. Globalization had many economic benefits but, as in our own times, the creation of a truly international economic network combined greater efficiency with greater fragility. In 1914 a highly optimized system crashed in what was, without doubt, the biggest financial collapse of all time. (Unlike in 1929 or in 2008, the world's major stock markets were forced to suspend trading for no less than five months.) — Niall Ferguson

I'm generally in favor of economic globalization. Having said that, it doesn't always work and does not immediately work in the interest of all. There are sufferers. — Amartya Sen

Without doubt, our inability to design and implement a sustainable economic framework has resulted to our present ranking on the globalization index; a precious market to the productive countries. — Tony Osborg

The economic borderlines of our world will not be drawn between countries, but around Economic Domains. Along the twin paths of globalization and decentralization, the economic pieces of the future are being assembled in a new way. Not what is produced by a country or in a country will be of importance, but the production within global Economic Domains, measured as Gross Domain Products. The global market demands a global sharing of talent. The consequence is Mass Customization of Talent and education as the number one economic priority for all countries — John Naisbitt

For when we talk about the spreading power and influence of globalization, aren't we really referring to the spreading economic and military might of the US? — Fredric Jameson

We are committed with our lives to building a different model and a different future for humanity, the Earth, and other species. We have envisaged a moral alternative to economic globalization and we will not rest until we see it realized. — Maude Barlow

Globalization and the neoliberal economic model have already been rejected in Latin America; it simply hasn't been a solution for our people. At the same time, Latin countries like Venezuela and Argentina are anti-imperialist and anti-globalization, and yet their economies are growing again. — Evo Morales

Globalization creates economic policies where the transnationals lord over us, and the result is misery and unemployment. — Evo Morales

The dominant propaganda systems have appropriated the term "globalization" to refer to the specific version of international economic integration that they favor, which privileges the rights of investors and lenders, those of people being incidental. In accord with this usage, those who favor a different form of international integration, which privileges the rights of human beings, become "anti-globalist." This is simply vulgar propaganda, like the term "anti-Soviet" used by the most disgusting commissars to refer to dissidents. It is not only vulgar, but idiotic. — Noam Chomsky

Lest those islands still seem to you too remote in space and time to be relevant to our modern societies, just think about the risks ... of our increasing globalization and increasing worldwide economic interdependence. — Jared Diamond

The globalization of the capital market is actually part of economic globalization. This will create a change in the entire world economy, not just restricted to some fields in some countries. — Richard Grasso

Corporations now govern society, perhaps more than governments themselves do; yet ironically, it is their very power, much of which they have gained through economic globalization, that makes them vulnerable. — Joel Bakan

The structural foundations of traditional manhood--economic independence, geographic mobility, domestic dominance--have all been eroding. The transformation of the workplace--the decline of the skilled worker, global corporate relocations, the malaise of the middle-class manager, the entry of women into the assembly line and the corporate office--have pressed men to confront their continued reliance on the marketplace as the way to demonstrate and prove their manhood. — Michael S. Kimmel

Globalization and free trade do spur economic growth, and they lead to lower prices on many goods. — Robert Reich

Wal-Mart benefits from the impression that globalization is some kind of unmanageable economic weather system out of the control of everyone, affecting all players with indifference, benefiting those who happened to be properly prepared. — Charles Fishman

Architecture cannot change the economic machinations of globalization. — Graham Owen

Globalization is stirring widespread economic anxiety, and middle class incomes have stagnated while a class of super-rich has emerged. — Nina Easton

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support. — Paul Samuelson

Globalization is a complex issue, partly because economic globalization is only one part of it. Globalization is greater global closeness, and that is cultural, social, political, as well as economic. — Amartya Sen

I think that the movement against the World Bank, against the globalization process that is happening, is very positive. We need a globalization, a globalization of people who are committed to social justice, to economic justice. We need a globalization of people who are committed to saving this earth, to making sure that the water is drinkable, that the air is breathable. — Assata Shakur

The myth of the inevitability of economic globalization is based largely on the work of Milton Friedman, and easily the most underreported story of our time is that the current economy proves Friedman flatly wrong. — Molly Ivins

The goal of politics in the twenty-first century should be to create societies which maximize knowledge, the well-spring of economic growth and democratic self-governance. Markets and communities, companies and social institutions should be devoted to that larger goal. Finance and social capital should be harnessed to the goal of advancing and spreading knowledge. That will make us better off, put us more in charge of our lives and make us better able to look after ourselves. — Charles W. Leadbeater

Globalization is a fact of economic life. — Carlos Salinas De Gortari

The fact that the United States has political, economic, and legal structures that do indeed create incentives to control hazards (in the workplace) is one the reasons the corporations have moved to Latin America and Asia. — Vincent A. Gallagher

Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation. — Larry Elder

The negative side to globalization is that it wipes out entire economic systems and in doing so wipes out the accompanying culture. — Peter L. Berger

Globalization makes our economy, our health, and our security all captive to events on the other side of the world. And no other nation on earth has a greater capacity to shape that global system, or to build consensus around a new set of international rules that expand the zones of freedom, personal safety, and economic well-being. Like it or not, if we want to make America more secure, we are going to have to help make the world more secure. — Barack Obama

The Golden Straitjacket is the defining political-economic garment of globalization. [ ... ] The tighter you wear it, the more gold it produces. — Thomas Friedman

The triumph of economic globalization has inspired a wave of techno-savvy investigative activists who are as globally minded as the corporations they track. — Naomi Klein

Current public diplomacy and foreign policy making reduces the role of American citizens to mere spectators. The USIA's model of democracy and the free market is promoted as the superpower version of economic globalization, packaged and ready for shipping to clients throughout the world. In this version, foreign capital flows freely while the movement of people, particularly the world's poor, is strictly controlled. Such a commercial package speaks first and foremost for government 'partners,' the Fortune 500 corporations, which are the primary beneficiaries as well as the bankrollers of the American political process. This is a packaged story of America that is incomplete and undemocratic. Where do workers and communities fit into the story? How do private citizens play a part in building dialogue across cultures? — Nancy Snow

[Globalization] has enriched the world scientifically and culturally and benefited many people economically as well. — Amartya Sen

Human rights are particularly cherished by the West, which has never acknowledged economic rights. Human rights mean freedom from politcal oppression, tyranny and abuse, while economic oppression, tyranny and abuse are built into the very structures of globalization. — Jeremy Seabrook

The greatest weapon of mass destruction is corporate economic globalization. — Kenny Ausubel

The deeper and subtler effects of the economic dimension of globalization intensify the politics of insecurity. — Andrew Rojecki

As economic globalization gathers momentum, China and the United States have become highly interdependent economically. Such economic relations would not enjoy sustained, rapid growth if they were not based on mutual benefit or if they failed to deliver great benefits to the United States. — Xi Jinping

Globalization has produced a new of level of interdependence among us. The economy and multinational supply chains do not abide by political boundaries. A computer ordered in Brazil is designed in California and assembled in several other countries. Economic integration was the first strong evidence of a new era. — Eduardo Paes

We're obviously at the edge of something quite new in humanity's experience. That is this globalization process which isn't just economic or social, but involves the interpenetration of cultures, people moving to different places several times in their lifetime, traveling for business or pleasure, and marrying people of very different cultural backgrounds, all of which was almost impossible a hundred years ago. — Thomas Keating

Today, the rich are the haves and the poor are the have-nots. Tomorrow, the rich will be the have-food and the poor will be the have-not food. — Bill Gaede

Economic globalization creates wealth, but only for the elite who benefit from the surge of consolidations, mergers, global scale technology, and financial activity. — Anita Roddick

Many people have written about the economic meaning of globalization; in One World Peter Singer explains its moral meaning. His position is carefully developed, his tone is moderate, but his conclusions are radical and profound. No political theorist or moral philosopher, no public official or political activist, can afford to ignore his arguments. — Michael Walzer

The war on terrorism has made national security a legitimate concern, and a rising deficit, changes brought on by globalization and even the price of oil have thrown the nation's economic health into question. — Roger Mahony

An active propaganda machinery controlled bv the world's largest corporations constantly reassures us that consumerism is the path to happiness, governmental restraint of market excess is the cause our distress, and economic globalization is both a historical inevitability and a boon to the human species. — David Korten

Euro-American colonialism, an aspect of the capitalist economic globalization, had from its beginnings a genocidal tendency. — Roxanne Dunbar-Ortiz

I love English, though I now call it 'Anglo- American' because we no longer speak British English due to globalization and America's economic power. — Maurice Druon

Once a new social stage appears in a culture, it will spread its instructional codes and life-priority messages throughout that culture's surface-level expressions: religion, economic and political arrangements, psychological and anthro-pological theories, and views of human nature, our future destiny, globalization, and even architectural patterns and sports preferences. We all live in flow states; there is always new wine, always old wineskins. We, indeed, find ourselves pursuing a neverending quest. — Don Edward Beck

Power that controls the economy should be in the hands of elected representatives of the people instead of an industrial oligarchy — William O. Douglas

So every dollar spent on finding some gene or hormone to explain why becoming fat is not because of sugary drinks, fried foods or unchecked gluttony is a dollar not spent on getting food for the hungry, vaccines for babies, shelter for the homeless. But the rules are made by the ones in power, these neo-Brahmins, and we must follow them if we want to survive in this global village. — Anirban Bose

Man steps on an ant when he can't catch the fly. — Bill Gaede

Today's economic landscape is being shaped by two powerful forces - technology and globalization. — Philip Kotler

In the US, most progressives start to see the differences between internationalism and economic globalization. — David Korten

Neoliberalization has not been very effective in revitalizing global capital accumulation, but it has succeeded remarkably well in restoring, or in some instances (as in Russia and China) creating, the power of an economic elite. The theoretical utopianism of neoliberal argument has, I conclude, primarily worked as a system of justification and legitimation for whatever needed to be done to achieve this goal. — David Harvey

If globalization is to succeed, it must succeed for poor and rich alike. It must deliver rights no less than riches. It must provide social justice and equity no less than economic prosperity and enhanced communication. — Kofi Annan