The Industrial West also wanted to create a unified global economy. They planned on doing this by creating trade agreements such as the General Trade Agreement on Tariffs and Trade (GAAT), they also wanted to establish a powerful World Trade Organization (WTO). Regional trade treaties also came out during this time such as the North American Free Trade Agreement (NAFTA) and the Maastricht Treaty (the European Union) (p. 110). The West was all about Globalization and they would push the concept of the open market. …show more content…
Korten discusses how America emerged from World War II with government, market and civil society working together. They were working together to create a system that distributed wealth more evenly than there had been prior to this time. America could push the concept of pluralism on the rest of the world because it was the opposite of what Soviet Empire had represented. The Soviets had pushed an extreme ideology so static that the market and private ownership of property had virtually been eliminated.
Because of the restrictive nature of the Marxist ideology and economies, the world came on board with the idea of pluralism. However, as time has come and gone, what now exists is a large gap between the wealthy and the rest of the population. As the concept of Globalization grew and corporations expanded their role in the market place and economy, they have replaced the role of governments in certain