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Ultimately, in order to attract investments of multinational corporations, governments in third world nations must compete against each other to exploit their own labor force to supply the cheapest products. Furthermore, instead of sharing the profits with the workers, corporations spend most of the money saved from the labors on advertising and celebrity spokespeople.
There is no unanimous voice on the subject of globalization from the business community. It is undeniable that unjust labor practices do exist abroad. One notable anti-globalization proponent is economist E.F. Schumacher, who spoke vehemently against the nascent practice of globalization and belief in mass production in his book Small is Beautiful in 1973...
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