Quote:
Originally Posted by kartik  I feel globalisation is a case to screw up the developing countries.
The developed countries get cheap labour, make better products, gain on economies of scale , and sell the product cheaper than the local markets.
This way, they give more salaries than usual to the working class, give better products at better prices to individuals.
But we forget that we are getting enslaved by them, smaller companies are loosing out and more and more people are working under MNC's .
The barrier between the rich and the poor increases and the local economy goes into depression gradually.
Well , thats my bit on globalisation |
hey i completely agree wid u kartik