Some commentators have variously characterized changes in the global economy as "turbo-capitalism" (Edward Luttwak), "market fundamentalism" (George Soros), "casino capitalism" (Susan Strange),[9] and as "McWorld" (Benjamin Barber).
Activists are especially opposed to the various abuses which they think are perpetuated by globalization and the international institutions that, they say, promote neoliberalism without regard to ethical standards or environmental protection.
In light of the economic gap between rich and poor countries, adherents of the movement claim that free trade without measures to protect the environment and the health and wellbeing of workers will merely increase the power of industrialized nations (often termed the "North" in opposition to the developing world's "South").
Proponents of this line of thought refer to the process as polarization and argue that current neo-liberal economic policies have given wealthier states an advantage over developing nations, enabling their exploitation and leading to a widening of the global wealth gap.
This treaty was prematurely exposed to public scrutiny and subsequently abandoned in November 1998 in the face of strenuous protest and criticism by national and international civil society representatives.
Noam Chomsky stated in 2002 that: The term "globalization" has been appropriated by the powerful to refer to a specific form of international economic integration, one based on investor rights, with the interests of people incidental.
Surely not the left and the workers movements, which were founded on the principle of international solidarity—that is, globalization in a form that attends to the rights of people, not private power systems.
Le Monde Diplomatique's editor, Ignacio Ramonet's, expression of "the one-way thought" (pensée unique) became slang against neoliberal policies and the Washington consensus.
No Logo, the book by the Canadian journalist Naomi Klein who criticized the production practices of multinational corporations and the omnipresence of brand-driven marketing in popular culture, has become "manifesto"[26] of the movement, presenting in a simple way themes more accurately developed in other works.
The writer Arundhati Roy is famous for her anti-nuclear position and her activism against India's massive hydroelectric dam project, sponsored by the World Bank.
In France the well-known monthly paper Le Monde Diplomatique has advocated the antiglobalization cause and an editorial of its director Ignacio Ramonet brought about the foundation of the association ATTAC.
Critics of United States foreign policy such as Noam Chomsky, Susan Sontag, and anti-globalist pranksters The Yes Men are widely accepted inside the movement.
Also, George Soros, Joseph E. Stiglitz (another Economic Sciences Nobel prize winner, formerly of the World Bank, author of Globalization and Its Discontents) and David Korten have made arguments for drastically improving transparency, for debt relief, land reform, and restructuring corporate accountability systems.
[citation needed] Although over the past years more emphasis has been given to the construction of grassroots alternatives to (capitalist) globalization, the movement's largest and most visible mode of organizing remains mass decentralized campaigns of direct action and civil disobedience.
Rioting has occurred at some protests, for instance in Genoa, Seattle and London – and extensive damage was done to the area, especially targeting corporations, including McDonald's and Starbucks restaurants.
In the US, some organizations like the National Lawyer's Guild and, to a lesser extent, the American Civil Liberties Union, provide legal witnesses in case of law enforcement confrontation.
The Annual Meetings of the International Monetary Fund (IMF) and the World Bank, that took place in West Berlin in 1988, saw strong protests that can be categorized as a precursor of the anti-globalization movement.
[31] The 50th anniversary of the IMF and the World Bank, which was celebrated in Madrid in October 1994, was the scene of a protest by an ad hoc coalition of what would later be called anti-globalization movements.
While Spanish King Juan Carlos was addressing the participants in a huge exhibition hall, two Greenpeace activists climbed to the top and showered the attendants with fake dollar bills carrying the slogan "No $s for Ozone Layer Destruction".
[54] In September 2002, estimated number of 1,500 to 2,000 people gathered to demonstrate against the Annual Meetings of IMF and World Bank in the streets of Washington, D.C. Protesting groups included the Anti-Capitalist Convergence, the Mobilization for Global Justice.
[citation needed] On June 15 and 16, 2001, a strong demonstration took place in Göteborg during the meeting of the European Council in the Swedish city, coinciding with protests against the simultaneous visit by George W Bush.
An International Council (IC) was set up to discuss and decide major issues regarding the WSF, while the local organizing committee in the host city is responsible for the practical preparations of the event.
These critics point to statistical trends which are interpreted to be results of globalization, capitalism, and the economic growth they encourage: Members of the anti-globalization movement argue that positive data from countries which largely ignored neoliberal prescriptions, notably China, discredits the evidence that pro-globalists present.
"[87] According to The Heritage Foundation, development in China was anticipated by Milton Friedman, who predicted that even a small progress towards economic liberalization would produce dramatic and positive effects.
[88] Critics of corporate-led globalization have expressed concern about the methodology used in arriving at the World Bank's statistics and argue that more detailed variables measuring poverty should be studied.
Specifically, commodities such as sugar are heavily distorted by subsidies on behalf of powerful economies (the United States, Europe, and Japan), which have a disproportionate influence in the WTO.
Some, like Hernando De Soto, argue that much of the poverty in the Third World countries is caused by the lack of Western systems of laws and well-defined and universally recognized property rights.
Alan Shipman, author of "The Globalization Myth" accuses the anti-globalization movement of "defusing the Western class war by shifting alienation and exploitation to developing-country sweatshops."
He later goes on to claim that the anti-globalization movement has failed to attract widespread support from poor and working people from the developing nations, and that its "strongest and most uncomprehending critics had always been the workers whose liberation from employment they were trying to secure.
"[96] Egypt's Ambassador to the UN has also stated "The question is why all of a sudden, when third world labor has proved to be competitive, why do industrial countries start feeling concerned about our workers?