It is a new freedom for corporations to occupy markets previously under the control of national governments. If national governments, for one reason or another, do not co-operate with these new economic realities, they are removed. In other parts of the world, this involves economic sanctions, covert wars of destabilization, or military invasion. These trade blocs are necessary steps on the road to a complete global market, dominated by transnational corporations. At the same time, corporate mergers are increasing at a rapid pace under Globalization, as markets become deregulated and laws against monopolies are stripped away.
Transnational corporations exist above and beyond civil society.
They are subject to no laws, other than those which they make in their own interest. And yet, it is this very system which is today killing us, and the earth. Globalization only deepens the contradictions of history, in a world increasingly out of balance. Indiginous Peoples and Globalization Globalization affects all people in society. It most negatively affects the Lower Classes.