Some people believe that globalization accompanied by free markets produces efficiencies that are beneficial to all. This group of people – often referred to as the neoliberals – are in favor of lowering barriers to global trade.
Others claim that unregulated markets and unhindered globalization causes the increased exploitation of the poor and weak, and results in growing wealth/income inequalities.
What is your own position on this spectrum? Why? Use data and references where possible. Explain how you think economic globalization impacts your own life.