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Nukes and Globalization (8/00)

The creation of a single global economy through globalization is undermining international peace and security. The loss of national sovereignty, increased financial instability, the rise of transnational corporations, and the increasing power imbalance in favor of the US and its Western allies are promoting nuclear proliferation and derailing nuclear disarmament.

The global economy is limiting the influence of the nation-state, while transferring power to corporations, financial markets, and multilateral organizations such as the World Trade Organization and International Monetary Funds (IMF), all of which are incapable of promoting diplomacy and international peace and security. read more