Final answer:
Globalization critics target the WTO and IMF for promoting policies that lead to exploitation, weakened labor standards, environmental harm, and widening the economic divide. Such organizations impose conditions that often benefit wealthy nations at the expense of developing ones. The primary concerns are exploitation by corporations, environmental impact, and inequality between rich and poor countries.
Step-by-step explanation:
The basic complaint against organizations like the World Trade Organization (WTO), International Monetary Fund (IMF), and others, regarding the unintended consequences of globalization, encompasses issues such as exploitation by multinational corporations, weakened labor movements, environmental degradation, and the increasing divide between rich and poor nations. Critics argue that globalization aggravates the economic gap between industrialized nations and developing countries, and hampers the ability of 'developing' countries to protect the environment, the health and well-being of workers, and their local economies. Moreover, the conditions imposed by the IMF, which often include austerity measures and privatization, are seen to benefit foreign creditors from the Global North and harm poor workers in the recipient countries. Both the WTO and the IMF have been criticized for being dominated by wealthy countries, consequently forcing economically weaker nations to open their markets while protecting their own local products from competition.