Currency speculators have ruined entire economies. National political decision making has returned to corporate control. Wages have been depressed. Job security has eroded. Trade unionism has been seriously weakened in developed nations and is in effect forbidden in most developing nations.
Markets are neither the first nor the last word in human development . . . .
Many activities and goods that are critical to human development are provided outside the market, but these are being squeezed by the pressures of global competition . . . . The greatest threats to non-violence, human rights, and the environment are posed by this increasingly unrestrained globalization of economic life. Thus, while peace and justice activists work on seemingly disparate issues, most of them are rooted in the quest for economic dominance. Under Democratic President Bill Clinton even more than under his Republican predecessors, the U.S. government has devoted its economic, diplomatic, and military power to sweeping away resistance to transnational corporate control. The International Forum on Globalization provides excellent studies and informational materials.