July 24, 2007

donga.com [english donga]

Headline: 'People in Wealthy Countries Are against Globalization '

donga.com [english donga]: "People in the U.S. and Western Europe, who are considered the “beneficiaries” of globalization, have feelings of antipathy against globalization and the leaders of the world`s largest companies, a poll revealed.

A recent poll of six countries conducted by the Financial Times and Harris Interactive, a polling agency, showed that a majority of people in the U.S., Britain, France, Spain, Italy, and Germany are against globalization. They said, “Wealthy people should pay more money in taxes and the government should impose a pay cap on the heads of companies to limit their rewards.” The survey results reflect people’s perceptions that globalization has caused the rich to make more money, and that executives in big companies are getting more money than they deserve.

In the U.S., Britain, France, and Spain, the number of respondents who think globalization has a negative effect on their countries is three times larger than that of people who say it has a positive effect on their countries. In Germany, the world’s biggest exporter, the majority against globalization were a bit larger."

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