Friday, August 03, 2007

globalisation != imperialism

Many opponents of globalisation consider it as the new face of imperialism and use it as a recurring theme in their speeches against globalisation. Globalisation is actually the antithesis of imperialism. If imperial powers wanted to centralize the and monopolizes the means of production in the world and exploit the nations without technology or capital globalisation demands that the means of production be located at the most economically efficient location.

This means globalisation will result in the spread of production units from the labour expensive western world to the labor cheap nations in the developing world. If imperialism ensured that rich nations remained rich by controlling production units globalisation will ensure movement of production to poorer nations until the labor becomes equally expensive or rather people become equally rich .

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