Globalisation Trap...
4 days ago
43
“A small group of powerful individuals are now richer than most of the population of Africa. Just 200 giant corporations dominate a quarter of the world’s economic activity… The famous brands of almost everything from running shoes to baby clothes are now made in very poor countries with cheap labour, at times bordering on a form of slave labour.” The New Rulers of the World puts the story of multinationals’ global domination into a political context and demonstrates how the West has increased its stranglehold on poor countries by using the might of the IMF, World Bank and World Trade Organization to control their economies.
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