Why does everyone hate globalization?

Answer 1

Critics of globalization argue that it can lead to job losses in developed countries as companies relocate to areas with cheaper labor, exacerbating income inequality. Additionally, globalization can erode local cultures and traditions as global brands and practices dominate. Environmental concerns also arise, as increased production and transportation contribute to ecological degradation. Lastly, some perceive globalization as benefiting multinational corporations at the expense of local economies and workers.