the globalization of cities leads to: quizlet

Corporations that use these institutions to support their own corporate and financial interests, can exercise privileges that individuals and small businesses cannot, including the ability to: People opposing globalization believe that international agreements and global financial institutions, such as the International Monetary Fund (IMF) and the World Trade Organization, undermine local decision-making. Supporters believe that by the late 20th century those they characterized as 'ruling elites' sought to harness the expansion of world markets for their own interests this combination of the Bretton Woods institutions, states, and multinational corporations has been called ' globalization' or 'globalization from above.' In reaction, various social movements emerged to challenge their influence these movements have been called 'anti-globalization,' ' alter-globalization' or 'globalization from below.' Opposition to international financial institutions and transnational corporations Main article: Criticisms of globalization Some commentators have variously characterized changes in the global economy as 'turbo-capitalism' ( Edward Luttwak), ' market fundamentalism' ( George Soros), ' casino capitalism' ( Susan Strange), and as ' McWorld' ( Benjamin Barber). Specifically, corporations are accused of seeking to maximize profit at the expense of work safety conditions and standards, labour hiring and compensation standards, environmental conservation principles, and the integrity of national legislative authority, independence and sovereignty. What is shared is that participants oppose large, multinational corporations having unregulated political power, exercised through trade agreements and deregulated financial markets. Participants base their criticisms on a number of related ideas. There are many definitions of anti-globalization. The movement is also commonly referred to as the global justice movement, alter-globalization movement, anti-globalist movement, anti-corporate globalization movement, or movement against neoliberal globalization. The anti-globalization movement, or counter-globalization movement, is a social movement critical of economic globalization. Thousands of people gathered for a demonstration in Warsaw, the capital of Poland, as the country prepared to enter the European Union in 2004.

The globalization of cities leads to: quizlet