What is globalisationGlobalisation Full Description:While Globalization can refer to cultural exchange and human interconnectedness, in the context of neoliberalism, it is an economic project designed to facilitate the frictionless movement of capital. It creates a single global market where corporations can operate without regard for national boundaries. Key Mechanisms: Capital Mobility: Money can move instantly to wherever labor is cheapest or taxes are lowest. Offshoring: Moving manufacturing and jobs to countries with fewer labor protections. Race to the Bottom: Nations compete to attract investment by lowering wages, slashing corporate taxes, and weakening environmental laws. Critical Perspective:Neoliberal globalization creates a power imbalance: capital is global, but labor and laws remain local. This allows multinational corporations to pit workers in different countries against one another, eroding the bargaining power of unions and undermining the ability of democratic governments to regulate business in the public interest.? In its current incarnation, it is the now collapsing system of quasi free markets established by the US and its allies after the Second World War that ensured a degree of stability in trade for wealthy countries and the plunder of poorer ones emerging from control by European empires. This podcast explores the functioning of this high point of globalisation and the crises within it. Help the podcast to continue bringing you history each weekIf you enjoy the Explaining Hist