Summary Of Johan Norberg's Article Three Cheers For Global Capitalism

In his article, “Three Cheers for Global Capitalism,” Johan Norberg describes reasons in which globalization is good for mankind. Norberg describes globalization as a system of infrastructure such as information, trade, and economy which flourishes when processes are not bound by national borders. Consumers no longer need to rely on their local department store chain they can acquire their goods from merchants from countries abroad. As markets open across the globe consumers are provided with more spending opportunities which empower the people and diminishes political influence. According to Norberg, the dynamics of globalization provides users a means to take control of their spending decisions.

The internet has opened a diverse assortment