Companies still rely on states to protect their profits
Complex supply chains give groups of workers a lot of power to halt production
Globalisation emerged as a fashionable concept in the years after the ending of the Cold War. Neoliberalism had established itself as the new economic orthodoxy in the West during the 1980s, preaching the need for privatisation and attacks on the welfare state.
With the disintegration of the Soviet Union, champions of neoliberalism declared "the end of history", expecting an end to any systemic opposition to capitalism. Globalisation was to sweep the free market, unfettered and unregulated, into former "communist" countries and beyond.