Editing Globalization (section)

===Opposition to capital market integration===
{{Main|Anti-capitalist movements}}
[[File:Worldbank protest jakarta.jpg|thumb|World Bank Protester, [[Jakarta]], Indonesia]]
{{Capitalism sidebar}}

Capital markets have to do with raising and investing money in various human enterprises. Increasing integration of these [[financial market]]s between countries leads to the emergence of a global capital marketplace or a single world market. In the long run, increased movement of capital between countries tends to favor owners of capital more than any other group; in the short run, owners and workers in specific sectors in capital-exporting countries bear much of the burden of adjusting to increased movement of capital.<ref>{{cite journal|title=Invested Interests: The Politics of National Economic Policies in a World of Global Finance|last=Frieden|first=Jeffry A.|journal=[[International Organization]]|issn=1531-5088|volume=45|issue=4|year=1991|pages=425–51|doi=10.1017/s0020818300033178|jstor=2706944|s2cid=154738660 }}</ref>

Those opposed to capital market integration on the basis of [[human rights]] issues are especially disturbed{{According to whom|date=March 2020}} by the various abuses which they think are perpetuated by global and international institutions that, they say, promote [[neoliberalism]] without regard to ethical standards. Common targets include the [[World Bank]] (WB), [[International Monetary Fund]] (IMF), the [[Organisation for Economic Co-operation and Development]] (OECD) and the [[World Trade Organization]] (WTO) and [[free trade]] treaties like the [[North American Free Trade Agreement]] (NAFTA), [[Free Trade Area of the Americas]] (FTAA), the [[Multilateral Agreement on Investment]] (MAI) and the [[General Agreement on Trade in Services]] (GATS). In light of the economic gap between rich and poor countries, movement adherents claim free trade without measures in place to protect the under-capitalized will contribute only to the strengthening the power of industrialized nations (often termed the "North" in opposition to the developing world's "South").<ref>{{Cite web|url=https://www.heritage.org/trade/commentary/how-tariffs-and-regressive-trade-policies-hurt-the-poor|title=How Tariffs and Regressive Trade Policies Hurt the Poor|last=Kolas|first=Logan|website=The Heritage Foundation|language=en|access-date=30 March 2019|archive-url=https://web.archive.org/web/20190330093705/https://www.heritage.org/trade/commentary/how-tariffs-and-regressive-trade-policies-hurt-the-poor|archive-date=30 March 2019|url-status=unfit}}</ref>{{better source needed|date=March 2019}}