These companies are getting bigger and bigger. Some companies have such huge assets all over the world that they are worth more than many small countries. If you compare the GDP of many countries, you can see that the GDP is even less than the earnings of those big companies (Disadvantages of globalization, 2012).

The governments do not have the power to stop the multinational companies from closing a factory here, and setting up another factory in other parts of the world. They do not have the power to stop the big companies from retrenching workers. As a result, the governments have to deal with the jobless people, while the big companies are still making money. That is why the disadvantages of globalization are so frightening. The big companies will continue to get bigger and more powerful, while the governments of the world grow less powerful. The problem from one...
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