Economic Globalization Through Marxist Thought Essay

1033 Words Jul 29th, 2016 5 Pages
The Adverseness of Economic Globalization through Marxist Thought
The father of left-wing politics and critic of capitalism, Karl Marx, wrote in his 1848 political manuscript, The Communist Manifesto, that “The need of a constantly expanding market for its products chases the bourgeoisie over the entire surface of the globe. It must nestle everywhere, settle everywhere, establish connections everywhere.” What he wrote predicted, what seems quite obvious now but a century ahead of his time, the idea of “globalization.” With the turn of the twentieth century and especially since the Second World War, many governments have adopted free-market capitalism, immensely increasing their productive potential and creating countless new opportunities for international trade and investment. For a number of people around the world, this means getting lifted out of poverty or the low socio-economic class and into a better standard of living; enjoying a wider array of goods and services at low costs; and working for international companies growing at an impressive rate. Yet for today, in a world of both unprecedented wealth and dismal poverty, where the wealthiest 85 people have more capital than the poorest 3 billion, globalization is an international disease which advances the interests of corporate masters and throws the worker under the bus. Regarding globalization for what it really is, it can be seen that globalization is a degenerate concept and a general detriment to Canadians and…

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