"The dark and often ignored side of globalization is that it’s the process of manipulating an entire country by a ‘corporate empire’ through the use of debt, bribery and political overthrow by means of devising and creating political conflicts through clever propaganda, such as coup de etat or war, and when the target county’s in disarray, the empire quickly imposes conditions that are so-called as ‘reform’, for profit."
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Examples of such “conditions” are:
- Currency Devaluation, to lessen the price of the target country’s raw materials that are being exploited.
- Cutting Social Welfare Programs like education and healthcare, this combined with media manipulation to make the target country’s people unaware and vulnerable to the most obvious of exploitations.
- Privatization, so that government-owned infrastructures of the target country can be purchased by the empire’s multinational companies to be regulated in such a way to make profit, and
- Trade Liberalization to make way for the empire’s transnational companies’ mass-produced goods, whose raw materials most likely came from the country it’s selling to, for again, profit, while killing local businesses.*
*Even if that could mean more employment, worst case scenario is majority of those job opportunities will get people hired to sweatshops and other jobs that require them to do mundane, repetitive tasks, with virtually no chance of career or socioeconomic growth.
PS: That “corporate empire” is what most people stereotype in my country (and other countries) as “USA”. When in fact, it’s not the US government nor the people themselves who hold such power and ingenuity, if they were, then they should’ve foresaw the debt crisis they’re dealing with now many, many years ago.
So that leaves us to those culprits whose presence is as discreet as “money stashed away inside reinforced, air-tight, steel vaults”, haha.
