The former United States president Bush called this changing-of-the-world's resources "The New World Order" in the nineties. This humongus paradigm shit has created a permanent underclass, worldwide. This so-called New World Order has stolen over seventy trillions of dollars in human and material resources from the working middle class to the super-gluttonness upper class, leaving the socio-economic stability in shambles.
"Global Economy" equals worldwide dominance of ultra-rich international cartels over the working class, all-with-the-blessings of deregulated capitalistic governments.
Free Trade does not beget freedom.
Egalitarianism does not equal equality.