"Globalisation brings more prosperity and well-being for all". For many free-market thinkers, it is clear: if the world market is allowed to develop according to free-market principles, you will automatically get the best result (more prosperity and well-being) for everyone. They invariably refer to Adam Smith, Scottish moral philosopher and one of the founders of classical liberalism. He believed that the pursuit of one's own individual interest would also result in the greatest social good. Why shouldn't this be the case for the world as a whole? With this in mind, you are going to investigate.

By the end of this assignment, you will have reviewed the effects of globalisation. It is not a question of being for or against globalisation. That is like being for or against the weather. The weather is there. Sometimes it is nice, sometimes not. The same applies to globalisation. It has all kinds of effects and consequences, some of which you like, some of which you don't. You have to make a decision for yourself. You can make a list for yourself in this assignment.

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