The G7 meetings, which involve the seven richest industrial countries, receive extensive media coverage, while the G15 meetings, involving major developing countries, are largely ignored by the national press.

The current form of globalization has resulted in economic failure for the majority, with a decline in the share of economic product going to working people.

The current debate among G7 countries about keeping currencies within a narrow band reflects a struggle between maintaining economic stability and US interests in controlling fiscal policies.

The G15 meeting highlighted that the United States and Britain are unwilling to engage in dialogue with the developing world, which is often forced to make concessions that benefit the rich.

The economic model being globalized reflects a structure where a small sector of extremely wealthy individuals exists alongside a large population struggling between survival and suffering.

The G15 plea for orderly engagement with Western investors is rejected by the North, which prioritizes its own interests over equitable dialogue.

The United States and Britain exemplify a model of extreme wealth disparity, which is now being globalized, affecting societies worldwide.

The failure of globalization should not be seen as a failure of innovation; rather, the pursuit of cheap labor has hindered innovation and hurt both workers and innovators.

Globalization has led to a misunderstanding that manufacturing can be separated from design, resulting in countries that manufacture also becoming adept at design, which has squeezed American industries.