Since the time, plans were being made to implement “free trade” we were guaranteed it would be a win/win situation.This was one of the very important step for the pioneering of Globalization. First world consumers, manufacturers,industrialists, farmers, laborers — everyone would benefit. Not only the first world countries, the whole world would benefit. It would pull the developing world up because there would be plenty of good, well-paid jobs that would be created . When borders opened to the free flow of goods and services, consumers would have more variety, and at cheper prices. Even agricultural goods could move around the world to new markets, sluggish farm prices would also rise. The farmers in developing countries would now have new markets for their goods, and they would bow out of piteous poverty.It seems like the perfect idea and sounds great too, doesn’t it? But like most things that sounded too good to be true, it quiet was. The American/British/European workers who had jobs that paid pretty well in the scheme of things found that their employers could clear up the factories and move to a country where the workers weren’t so well paid. A country where there are no tariffs, so goods could be shipped back into the First world countries and sold, often cheaper than when they were made in the rich countries. Not only was labor cheaper, but environmental laws were generally more lenient in, say, Mexico, India or China. The companies could use child labor too and there were no laws forcing a 40-hour workweek.Drive your workers to the point of exhaustion and pay them as little as possible. If they complain, replace them-This is the formula adopted by all the third world factory bosses for success. All the consumers care for is low prices from their favorite clothing stores and supermarkets. So is this what Globalization called for ? To exploit the labour in third would countries all for the benefit of the rich countries like America , Europe,etc.Consumers in the first world countries found goods were economical when they were made overseas. The foreign workers did not have the high-paying jobs as promised. They had poverty-wage jobs and the sweatshop was back. They were under paid and working in poor conditions with masses of eager workers waiting in line for them to quit. My argument in the essay is “How Globalization has resulted in Labour Exploitation and Child Labour in many third world countries.”

An International Confederation of Free Trade Unions report said, “MULTINATIONAL corporations remained the main beneficiaries of globalisation as more than 1,3-billion people around the world lived on less than $1 a day”.(Globalisation: the plight of billions stressed ,By Reneé Grawitzky, Business Day, 30 March 2000) The widening inequalities should be addressed as part of a broader strategy by unions in dealing with the effects of globalisation. “What does globalization mean to working people? Ask a member of UNITE and she’ll talk about the thousands of good paying jobs that were taken overseas. Talk to the young woman in Bangladesh who gets 20 cents for making a shirt that sells for $30 at The Gap. Ask the 14- to 16-year-old women in Central America who are forced to swallow birth control pills in front of their bosses so the company can keep them on the job, since it doesn’t pay for health care. Ask the laid-off steelworker about the foreign imports, made by U.S. corporations abroad and exported to the U.S. because they make more profits. Or ask Iqbal Masih, the 12-year-old rug maker from Pakistan who was enslaved from age 4 and forced to learn a trade.” (What globalization means to working people, John Gallo, People’s Weekly World, 20 April 2002) .What is the reason for all this wretchedness ? Everywhere, the lives of working people are degenerating. If they’re not working from dawn to dusk,Slogging all day, for not enough to live on, they are made dispossessed and being bombed. Is it due to “globalization,” or greed, or laziness? “Or is there something more fundamental, something less obvious, behind the world’s current problems.”(What globalization means to working people, John Gallo, People’s Weekly World, 20 April 2002).