We live in the age of globalization and everybody talks about this. With the increase of population, advancement of technology, the needs of humanity keep on increasing each day. To fulfill the growing demand mankind keeps on searching for new avenues of income and opportunity. Countries can’t keep themselves isolated from the international trade, so they cooperate among themselves to grow and gain from this mutual agreement. Within this world, two philosophies prevail. One group believes that, globalization is the other name of exploiting cheaper resource; whereas the other group believes that globalization is good for all.
Leaders considering globalization as the race to bottom, feel that globalization reduces innovation. Due to globalization, people don’t look for innovative ways for increasing g the income of the nation. They also feel that environment, the life of employees become worse with globalization. The corporates work for their interest, without paying any attention to the benefit of employees. So, people with such philosophy try to bring stringent laws…………
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