The World Trade Organization, the World Bank and the International Monetary Fund are infected by it. ... -Joseph Goebbels, Nazi Propaganda Minister This illustrates a large corporation's primary concern; profit. ... The majority of society wants to see capital allocated to the Third World, more conservative individuals or key power players want the banks to be profitable, and the public fears an economic crash. ...

• Word Count: 2643
• Approx Pages: 11
• Grade Level: Undergraduate

benefits and threats of globalisation Introduction There are processes in the international order--driven by revolutions in communication and information technology--that exhibit seemingly inexorable globalising tendencies while, at the same time, there are a range of actions, adopted by states an...

• Word Count: 9082
• Approx Pages: 36
• Grade Level: Undergraduate

We could quite easily fill these pages with various definitions of globalisation by individuals such as Joseph Stiglitz, Anthony Giddens, Paul Krugman and Gordon Brown but this would defeat the objective of this article as it would make the article another piece of academic regurgitation rather than dealing with the reality that faces the world today in an era of vulgar capital and finance moving around the world at the press of a button in New York or London. ... More importantly, it reciprocates the understanding of globalisation by the international financial institutions, such as the Inter...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate