In what ways is market globalism embedded in contemporary global economic relations?

Globalization implies the interconnection of international markets, that is, the link between the different economies of nations, which mutually need each other for their better development.

Thus, each nation specializes in the production of a specific good or service, and depends on the other nations for these to be acquired. At the same time, they depend on other nations to acquire the goods or services that they do not produce, with which, in the event of not being able to establish interconnections with other economies, their internal markets for certain products would be undersupplied.

Therefore, the globalization of markets is included within the broad spectrum of international economic relations today.

it is a part of john locke's natural rights popular during the age of enlightenment that people had inalienable rights to life, liberty and property. this was reflected by thomas jefferson in his declaration of independence as rights to life,liberty and the pursuit of happiness.

another line in the declaration of independence is that people have certain rights just because they are human. humans are capable of obeying the three natural rights john locke mentioned making them governable by these laws and therefore entitled to these rights as well.

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