Present Day Resistance Historical Roots to the Trade Globalization

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Present Day Resistance Historical Roots to the Trade Globalization

Financial integration through trading and investing is usually mistaken to be the phenomenon of the 1990s. It has been developing long ago, and there are two distinct periods to be highlighted in the history of progressing globalization. To be specific, they are the time of European colonialism and the early years after World War II. The enhanced economic integration experienced during these timelines was the reason for contemporary resistance to the globalization of trade.

Before the European colonialism period, most of the countries were mostly self-sufficient. The economic integration brought by the colonialists caused dependency of the colonies to the empires and vice versa. Thus, local and regional trade was replaced by global sales as conquerors spread across Africa, the Middle East, Asia, Pacific, Latin America, and the Caribbean. Local economies were integrated into the global economies in the way is beneficial to the colonists. Enslaved people were against such a development of the economy, and this fact caused the resistance to exploitative forms of global integration.

Similarly, after World War II, large international corporations suggested plans for recovery of the affected economies. The projects were aimed to enrich transnational companies even more and bring the second world countries and colonies to greater poverty and dependence. Moreover, those businesses made the proliferative atmosphere for their development without considering the fate of addressed lands. As a result, such prospects have grown greater distrust of economic integration, or in other words, globalization.

To conclude, the selfish character of economic integration is the primary historical basis for the resistance to globalization. Todays detention and restraint to the named process is the result of past operations and events, some of which affect the present decisions directly. Considerate analysis of the prior experiences set by earlier politics and activists can show the correct approach for modern globalization to be effective.

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