What disadvantages does economic globalization bring to us?
The current international economic order is still dominated by developed countries. Economic globalization has expanded the overseas markets of developed capitalist countries to the whole world, and the vast number of developing countries have gradually become the export markets of commodities and capital and the purchasing places of raw materials of developed countries, which is conducive to the high monopoly profits of developed capital countries in the world. At the same time, the closer economic ties among countries in the world aggravate the instability of the world economy, while economy is the foundation, politics is the concentrated expression of economy, and culture is the reflection of economy and politics. The disadvantages brought by economic globalization can also be discussed from economy, politics, culture and ecology.
