"Globalisation has been sold to the west as a way of getting "cheap stuff" from the third world."
Anytime you make investments in the global market or purchase goods and services, you are not only participating by seeking the best return, you are in fact instructing the market to impose the very same conditions on the wider labor force that you appose when they are forced upon you. We all like competition within the market place to bring us cheaper Ipods and fashionable Nikes but we don't like it when the market attempts to influence our own little patch of capitalism.
"the aim of globalization"
There is no "aim" of globalization. Globalization is the natural evolution of a market place changing as new entrants gain influence and compete with the traditional power bases of the west. The last 30 years have seen changes to the control of global capital that have made it much easier to flow to nations with lower labor costs such as india and china. To think that investors would restrict this flow of capital to simply keep western employees happy is fanciful thinking.
"export the third world terms and conditions to the west."
Yes, the freeing up of global capital will result in a leveling of the playing field. Developing countries will see rises in living standards and western countries will be forced to compete. Those that don't will rapidly decline.
The demise of the greenback, the impending default of several EU nations and the increase in pressure to formulate an alternative global currency (
http://money.cnn.com/2011/02/10/mark...r/index.htmare) all indications that the global market place can no longer be controlled by a select handful of participants. This will bring obvious change.
The banksters on Long Island are under threat.