Assignment 5 Semester 1 2026
Unique number:
Due Date: 17 April 2026
Anti-Corporate Globalisation as an Alternative to Neoliberal Capitalism: A Critical
Analysis of Its Potential and Limits
1. Introduction
Globalisation has changed the way economies and societies operate across the world. It
has opened markets, increased trade and allowed corporations to expand across borders.
However, these changes have not benefited everyone equally. In many parts of the Global
South, including South Africa, globalisation has deepened poverty, weakened local
economies and increased inequality. Large corporations often gain more power than
governments, while ordinary people struggle with unemployment, rising costs of living and
limited access to basic services.
In response to these challenges, anti-corporate globalisation movements have emerged as
an alternative way of thinking about development. These movements question the
dominance of multinational corporations and global institutions such as the International
Monetary Fund and the World Trade Organization. They call for a more just and people-
centred system that prioritises social needs, environmental protection and local control over
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Anti-Corporate Globalisation as an Alternative to Neoliberal Capitalism: A
Critical Analysis of Its Potential and Limits
1. Introduction
Globalisation has changed the way economies and societies operate across the
world. It has opened markets, increased trade and allowed corporations to expand
across borders. However, these changes have not benefited everyone equally. In
many parts of the Global South, including South Africa, globalisation has deepened
poverty, weakened local economies and increased inequality. Large corporations
often gain more power than governments, while ordinary people struggle with
unemployment, rising costs of living and limited access to basic services.
In response to these challenges, anti-corporate globalisation movements have
emerged as an alternative way of thinking about development. These movements
question the dominance of multinational corporations and global institutions such as
the International Monetary Fund and the World Trade Organization. They call for a
more just and people-centred system that prioritises social needs, environmental
protection and local control over resources.
This discussion examines the historical development and main ideas behind anti-
corporate globalisation. It also evaluates whether these initiatives can realistically
address the problems created by the global capitalist system, especially in
developing countries. Practical examples are used to show both the potential and the
limitations of these approaches.
2. Historical Overview and Key Arguments of Anti-Corporate Globalisation
2.1 Historical Development of Anti-Corporate Globalisation
Anti-corporate globalisation developed as a response to the expansion of neoliberal
capitalism during the late twentieth century. During this period, many governments
adopted policies that promoted free markets, privatisation and reduced state
intervention. These policies were often encouraged by global institutions and
powerful countries in the Global North. While they were presented as a way to