Economic Globalization Quotes

Global capitalism is simply accepted as a fact that you cannot do anything about. The only question is, Will you accommodate yourself to it, or will you be dismissed and excluded?

business itself is now the most powerful force for change in the world today, richer and faster by far than most governments. And what is it doing with this power? It is using free trade, the most powerful weapon at its disposal, to tighten its grip on the globe.

The problem with NAFTA was with what we wanted. And there, the agenda had been set by our corporations. So what is true is that workers in the United States and workers in the developing countries were often disadvantaged. They were worse off. The big winners were our corporations.

[It] is exactly what politicians want. They want you to feel and behave like children while they pretend to be the all-knowing benevolent father. While they rile you up about how immigrants are stealing your jobs, they distract you from enlightening facts, including the assessment of some experts that the influx of Latino immigrant workers of the past 25 years has had less effect on employment patterns than factories that moved abroad, the decline of labor unions and the recurring recessions. So while we’re told to focus on building a massive wall to keep out immigrants, the real causes of job loss and economic instability continue unabated.

Globalization today is a globalization of markets, not a globalization of democracy.

In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.

Like many in academia and in the development industry, I am among globalization's greatest beneficiaries - those who are able to sell our services in markets that are larger and richer than our parents could have dreamed of.

If we start thinking simply nationally, and we start having policies that try and restrict the benefits only within our borders, and try and implement protectionist measures as a consequence, this will not have the effect we need to have on the global economy. And that's ultimately the global economy that's pulling most of us down, particularly countries like Canada, that aren't the source of these current economic troubles.

While protectionism doesn’t work, pure free trade doesn’t work either.

Today, we jump into this globalization of the economy and the internet age.

Our competition for American business is no longer in the next county or the next state, it's around the world.

There are no national strategies any longer. There's only national poverty. With the global economy there are only global strategies. We're moving from a world of enemies that are national to a world of global dangers. Can you place boundaries on pollution?

One of the most important political and economic facts of this young century is that capital has been slipping the traces of the nation-state. Business is global; government is national.

the internationalization of economic activity and its major vehicle, the TNC, can be regarded simply as being part of the normal expansive process of capitalist development.

Absorbing foreign capital and technology and even allowing foreigners to construct plants in China can only play a complementary role to our effort to develop the productive forces in a socialist society. Of course, this will bring some decadent capitalist influences into China. We are aware of this possibility; it's nothing to be afraid of.

Commerce diminishes the spirit, both of patriotism and military defence.

The need of a constantly expanding market for its products chases the bourgeoisie over the entire surface of the globe.

It is quite plausible that the process of increased fragmentation of production across borders is subject to 'diminishing returns' and has its natural limits.

The terrorist attacks of 9/11 briefly disrupted celebrations of a world globalised by capital and consumption.

The governments are seen to be less effective than they used to be. The private sector is perceived as being so much more efficient, and so globalization implies a transfer of power to the private sector.

Global commerce is driven by a single conviction: the inalienable right to earn profit, regardless of any human cost.

The ongoing internationalization of the economy is confronting the labor movement

In the field of economy, for instance, we … members of the developing world follow the currents of globalization, with conditions set by the rich countries, and at a speed dictated without our slightest input.

In the 'Nike Economy,' there are no standards, no borders and no rules. Clearly, the global economy isn't working for workers in China and Indonesia and Burma any more than it is for workers here in the United States.

The "developed" nations had given to the "free market" the status of a god, and were sacrificing to it their farmers, farmlands, and communities, their forests, wetlands, and prairies, their ecosystems and watersheds. They had accepted universal pollution and global warming as normal costs of doing business.