Economic globalization benefits the wealthy at the expense of the marginalized from "summary" of Profit Over People by Noam Chomsky
The global economic system operates in a manner that ensures wealth and power are concentrated in the hands of a small elite, while the rest of the population struggles to make ends meet. This system, known as economic globalization, is designed to benefit the wealthy at the expense of the marginalized. One of the key ways in which economic globalization benefits the wealthy is through the deregulation of markets and the removal of barriers to trade and investment. This allows multinational corporations to exploit cheap labor and resources in developing countries, while avoiding taxes and regulations in wealthier nations. As a result, profits soar for the wealthy elite, while workers are left in precarious and exploitative conditions. Furthermore, economic globa...
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