1. Globalization and Development
... for restricting trade (in addition to the danger that capital mobility can grant problematic power to economic interests, pushing the government to lower taxes or reduce regulation, as we saw from the Marxist perspective). The liberal model oversimplifies real world politics and presents an overly optimistic picture of the international economy. Indeed, international economic opening goes hand ... of production. To frame the argument in Marxist terms, a monopoly over technical knowledge and managerial techniques creates power that can be used for exploitation. If governments were complet...
- Word Count: 7309
- Approx Pages: 29
- Grade Level: Graduate