Globalization refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economics: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import...
Capitalism is an economic system that became dominant in the Western world following the demise of feudalism. There is no consensus on the precise definition nor on how the term should be used as a historical category...
. Many of these views are held by the anti-globalization movement
The anti-globalization movement, or counter-globalisation movement, is critical of the globalization of corporate capitalism. The movement is also commonly referred to as the global justice movement, alter-globalization movement, anti-globalist movement, anti-corporate globalization movement, or...
however other groups also are critical of the policies of globalization.
Claus Leggewie has divided the critics into six groups: leftists, radical leftists, the academic left, reformers from the business world, critics with a religious base and right-winged opponents.
Although there has been a big decrease in the percentage of people in developing countries living below $1 per day in East Asia, some regions – notably sub-saharan Africa – has only seen a slight decrease in poverty rates.