When globalization strikes, public services decrease and privatization increases. Social safety nets get weaker and welfare systems suffer. Big Business may not like government on principle, but if it is a potential source of profits, that's something else. We've already seen corporate invasions of schools, prisons and sanitation, and attempts to privatize social services. Because of privatization around the world, hundreds of thousands of public workers have been laid off.
Globalization also weakens federal, state and local tax bases.
Today businesses almost routinely threaten to relocate to gain tax concessions, and every time they win, more of the burden of supporting public services is shifted to ordinary wage-earners. This leads to tax revolts. If businesses don't get their way, they move, and the communities that supported those businesses for years or decades are left to clean up the social wreckage. Maybe the most damaging effect of globalization is on public policy. Democrats and Republicans alike promote free trade as a one-way ticket to prosperity.