Globalization Leads to Erosion of Social Protections in Industrialized Countries.
The article discusses how globalization has led to a reduction in social protections in industrialized countries like Europe. Economic arguments are used to justify cutting costs on social services to enhance global competitiveness. However, the article argues that there is a confusion between the economic roles of governments in global enterprises and within countries. When viewed on a global scale, the issues can be addressed in a way that is less harmful to labor and environmental interests.