I think organisations like the WTO, IMF are to blame as they sold the world globalisation as as a utopian dream, in that each country would do what they were best at, so in theory the 1st world would do manufacturing, financial services etc, and the 3rd world would do fishing, forestry, food crop production, etc. This would all be very efficient, the best people doing the best job with best resources, but then the companies realised they could get things made much cheaper in the 3rd world due to labour costs, so countries began competing on labour cost alone. It didn't matter that transport costs were higher or energy production was not quite as efficient, or pollution regulations were almost non-existent, as long as the labour cost reduction made up for it.

