Essay On Capitalism Without Globalization

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Globalization and free trade in regards to the United States and the world has produced a significant challenge. The biggest for the United States for instance, is the off shoring of factory jobs, many of which used to be middle class status type jobs. Cities like Detroit have been decimated by this, whose job market and economy relied heavily on automobile assembly factories, which have been shipped to Mexico. Not only has the United States suffered with globalization but so has the third world. The factory type jobs that are being relocated to third world countries, are nothing but modern day slavery, and actually hurt the people in the countries. Capitalism without globalization I contend, has outgrown the United States because the biggest institution that helped the United States become an economic behemoth was slavery. Without slavery, capitalist will seek to fill its void, which is labor that cost next to nothing that in third world countries, this is evident in policies such as NAFTA and the proposed TPP agreement.
Globalization which goes hand and hand with development are two facades that capitalist give the general public to create the illusion that
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The concept of it is as well. The only reason someone would want such an institution is if they are a rich billionaire who is dependent on the cheap labor. Many would say terrorism the biggest threat to humanity, but it isn’t. A bigger threat to everyone’s well-being in this world is the sneaky and sophisticated ways billionaire capitalist seek to reach their goals. They reach their goals through policies like NAFTA and the TPP quietly without much media coverage. Increased globalization will all but ensure a future world of a rich few and billions in poverty, highlighting the evil of capitalism preached in sociologist Karl Marx’s work. If the TPP passes and someone like Bernie Sanders or Donald Trump doesn’t repeal NAFTA the world will eventually see poverty at world record

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