loss of national soverignty

Noam Chompsky once said: "People don't know what's happening, and they don't even know that they don't know." (Mattern, 1998, p.5) These are very harsh words but they do provide insight about how much the general population of countries involved with globalization knows about the issues that are dominating humanitarian groups around the world. Free trade one of the most controversial issues surrounding globalization has been getting the most attention lately as many treaties are being …

…such as the MAI treaty will cause the loss of sovereignty of Nation-States causing the decline in decision-making power of democratically elected governments. This problem has been examined through institutionalism and liberal theory and has been shown to be a realistic problem for future generations of young men and woman that will live the earth. The big question to ask with all this is: will the race be to the top or to the bottom?