- The Five Claims of Globalism
Steger identified five claims of market globalism. Firstly, he asserts that globalization means opening up markets and creating linkages between them (Steger 97). This implies easing of regulations that hinder entry of global players into local markets and ensuring that consumers access goods easily irrespective of their physical location on the globe. Another claim is that globalization is universal and mutually beneficial (Steger 103). This means that every human being stands to benefit from liberalization of markets through better living standards, better quality goods, enhancement of individual liberties and technological advancement.
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